505 MARGARET Street Unit# 107, Cambridge, Ontario, N3H0A6

Property Description

Located in the highly sought-after Preston Arbour neighbourhood of Cambridge, this bright and spacious 1-bedroom condo offers comfortable, low-maintenance living in an unbeatable location. The open-concept layout features a generous living and dining area filled with natural light and extending to a covered private balcony—perfect for relaxing or enjoying your morning coffee. The spacious bedroom includes a well-sized closet, while the unit also offers in-suite laundry and a well-maintained 4-piece bathroom. Enjoy the convenience of one underground parking space (#99) and excellent building amenities, including visitor parking, a party room, and a guest suite. Ed Newland Pool is right across the street for summer enjoyment, with Civic Park, Riverside Park, schools, shops, restaurants, public transit, and Downtown Preston all nearby. Just a five-minute drive to Hwy 401 makes commuting easy. With the lowest condo fees in the area at $224.49/month, this is one of the best values in Cambridge. Ideal for first-time buyers, couples, or young professionals—this unit won’t last long. Bring your best offer! (id:64974)

Quick Facts

• Property Type: Apartment (Condo)
• Bedrooms: 1 (1 above)
• Bathrooms: 1
• Living Area: 659 sq ft (61.2 m²)
• Above Grade: 659 sq ft (61.2 m²)
• Year Built: 2013
• Ownership: Condo/Strata
• Attached: Yes
• Parking: 1.0 space (Underground, Visitor Parking)

Costs

• Annual Taxes: $2,599.50
• Condo/HOA Fee: $224.49 / monthly
• Includes: Landscaping

Listing Provided by: RE/MAX Escarpment Realty Inc.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.