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505 Margaret ST #107 Cambridge, ON N3H 0A6
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Key Details
Sold Price $347,000
Property Type Condo
Sub Type Condo Apartment
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 600-699
MLS Listing ID X12758910
Sold Date 04/27/26
Style 1 Storey/Apt
Bedrooms 1
HOA Fees $224
Annual Tax Amount $2,599
Tax Year 2025
Property Sub-Type Condo Apartment
Property Description
Located in the highly sought-after Preston Arbour neighborhood 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.
Location
Province ON
County Waterloo
Area Waterloo
Zoning R
Rooms
Family Room Yes
Basement None
Kitchen 1
Interior
Interior Features Water Softener, Water Heater
Cooling Central Air
Laundry In-Suite Laundry
Exterior
Garage Spaces 1.0
Amenities Available Guest Suites, Party Room/Meeting Room
Exposure East
Total Parking Spaces 1
Balcony Open
Building
Building Age 11-15
Locker None
Others
Senior Community Yes
Pets Allowed Yes-with Restrictions
ParcelsYN No
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