201-505 Margaret Street, Cambridge | Image 1

201-505 Margaret Street

Cambridge

  • - bed - bath - sqft
$XXX,XXX est.*: $1,524/mo
For Sale

Added 4 days ago

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  • Type: Comm Element Condo

  • Style: Apartment

  • Size: 700 sqft

  • Pets: Restrict

  • Age: 11-15 years

  • Taxes: $2,608 per year

  • Maintenance Fees: 233.39 /mo

  • Days on Site: 4 Days

  • Added: Mar 01, 2025 (4 days ago)

  • Updated:

  • Last Checked: 2 hours ago

  • MLS®#: X12001646

  • Listed By: The agency

Bright West-Facing Condo - Perfect for First-Time Buyers, Investors & Down-Sizers. 763 sq ft | 1 Bed + Den | Private Balcony | Low Fees. Discover this exceptional urban retreat in one of the area's most prestigious buildings. This efficiently designed 763 sq ft condo features an open concept layout that maximizes space and functionality while providing a surprisingly spacious feel throughout. First-time buyers will appreciate the attainable entry point into homeownership with move-in ready condition, six quality appliances included, and budget-friendly low maintenance fees. The stylish California shutters throughout add immediate value and sophisticated charm to every room, eliminating the need for window treatments. Investors will recognize the strong rental potential of this highly desirable floor plan in a prime location that consistently attracts quality tenants. The versatile den increases market appeal, while the historically strong appreciation in this sought-after development combined with impressively low carrying costs enhances your return on investment from day one. Down-sizers will enjoy the thoughtfully designed space that feels surprisingly spacious despite its efficient footprint. The private west-facing balcony extends your living area outdoors with beautiful sunset views, while the versatile den perfectly accommodates treasured belongings or continuing beloved hobbies in your new, maintenance-free lifestyle where building amenities replace yard work and home repairs. Bathed in natural light throughout the day, this bright condo offers convenient access to shopping, dining, entertainment, and transit options. The surprisingly low condo fees create an exceptional opportunity rarely found in today's competitive market. Don't miss this chance to own in one of the neighbourhood's most sought-after buildings, offering the perfect combination of value, location, and comfort for any lifestyle. **INTERBOARD LISTING: CORNERSTONE - WATERLOO REGION**

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Property

  • Status: Sale

  • Property Type: Comm Element Condo

  • Style: Apartment

  • Size (sq ft): 700

  • Age: 11-15

  • Area: Cambridge

  • Availability Date: Immediately

Inside

  • Bedrooms: 1

  • Bathrooms: 1

  • Kitchens: 1

  • Rooms: 6

  • Den/Family Room: No

  • Patio Terrace: Open

  • Unit Exposure: West

  • Air Conditioning: Central Air

  • Fireplace: No

  • Laundry Level: Main

  • Central Vacuum: N

  • Ensuite Laundry: Yes

  • Washrooms: 1

Building

  • Stories: 3

  • Basement: None

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Exterior: Stone

  • Elevator: Y

  • UFFI: No

  • Special Designation: Unknown

  • Retirement: N

Parking

  • Parking Included: Yes

  • Garage Type: None

  • Parking Designation: Exclusive

  • Parking Features: Undergrnd

  • Parking Spot #1: 103

  • Parking Description: Underground

  • Covered Parking Spaces: 1

  • Total Parking Spaces: 1

Locker

  • Locker: None

Fees

  • Tax Year: 2024

  • Building Insurance Included: Yes

  • Common Elements Included: Yes

  • Taxes: $2,608

Highlights

  • Amenity: Bike Storage

  • Amenity: Guest Suites

  • Amenity: Party/Meeting Room

  • Amenity: Visitor Parking

  • Feature: Library

  • Feature: Park

  • Feature: Place Of Worship

  • Feature: Rec Centre

  • Feature: School

Land

  • Cross Street: Westminster St

  • Municipality District: Cambridge

  • Parcel Number: 235180170

  • Zoning: RM3

Condo

  • Condo Registry Office: WSCC

  • Condo Corp#: 518

  • Property Management: Inspirah Property Mgmt

Additional Media

  • Virtual Tour: https://unbranded.youriguide.com/5d2ya_505_margaret_st_cambridge_on/

Rooms

Room details for 201-505 Margaret Street, Cambridge

Type Dimensions
Bathroom Flat 2.43 x 1.55
Br Flat 3.65 x 4.31
Dining Flat 2.20 x 3.20
Kitchen Flat 2.94 x 3.65
Living Flat 4.72 x 3.65
Laundry Flat 1.60 x 1.55
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Car-Dependent

  • Almost all errands require a car.
8 /100

Some Transit

  • Most errands require a car.
42 /100

Bikeable

  • Some errands can be accomplished on bike.
68 /100
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Map of 201-505 Margaret Street, Cambridge
JK-8

St Joseph Catholic Elementary School

Elementary: Catholic
1.29 km
JK-6

Preston Public School

Elementary: Public
0.21 km
JK-6

Grand View Public School

Elementary: Public
0.91 km
JK-8

St Michael Catholic Elementary School

Elementary: Catholic
1.08 km
JK-6

Coronation Public School

Elementary: Public
1.04 km
7-8

William G Davis Public School

Elementary: Public
1.21 km
9-12

ÉSC Père-René-de-Galinée

Secondary: Catholic
3.37 km
Pre-Grade 9-12

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5.76 km
Pre-Grade 9-12

Galt Collegiate and Vocational Institute

Secondary: Public
4.65 km
Pre-Grade 9-12

Preston High School

Secondary: Public
1.11 km
Pre-Grade 9-12

Jacob Hespeler Secondary School

Secondary: Public
3.87 km
9-12

St Benedict Catholic Secondary School

Secondary: Catholic
4.63 km

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