Property Information:

Welcome to this bright, spacious 2-bedroom condo in the heart of Preston! Ideally situated just steps from Ed Newland Pool and Civic Park, this home blends comfort, convenience, and a vibrant community feel. Retreat to your beautifully appointed primary suite — a true haven designed for relaxation. The generous bedroom offers plenty of space to unwind, while the impressive walk-in closet provides abundant hanging room and smart storage solutions to keep everything perfectly organized. The large kitchen opens seamlessly to the dining area, creating an inviting space for cooking, hosting, and everyday living. The open-concept layout continues into the living room and out to a sizable private balcony — the perfect spot for morning coffee, evening downtime. Additional features include in-suite laundry, a well-maintained 4-piece bath, and one outdoor parking space. The building also offers great amenities such as a party room for gatherings and a guest suite for visiting friends or family. With Riverside Park, Downtown Preston, and easy Hwy 401 access all nearby, this location is ideal for commuters and anyone who enjoys exploring the best of Cambridge. (id:27)

Building Features:

Style: Apartment
Building Type: Apartment
Amenities: Guest Suite, Party Room
Basement Type: None
Construction Style - Attachment: Attached
Exterior Finish: Concrete, Stone, Vinyl siding
Fixture: Ceiling fans
Floor Space: 787 sqft
Heating Type: Forced air
Heating Fuel: Electric
Cooling Type: Central air conditioning
Appliances: Dishwasher, Dryer, Refrigerator, Stove, Water softener, Washer, Microwave Built-in, Window Coverings

Property Features:

OwnershipType: Condominium
Property Type: Single Family
Bedrooms: 2
Bathrooms: 1
Condo Fees: $255 Monthly
Features: Balcony
Floor Space (approx): 787 Square Feet
MaintenanceFee Type: Insurance, Landscaping
Zoning: R
Sewer: Municipal sewage system
Parking Type: Visitor parking, Open
No. of Parking Spaces: 1

Rooms:

Bathroom Main Level 9'6'' x 4'11''
Bedroom Main Level 12'11'' x 8'8''
Primary Bedroom Main Level 15'0'' x 10'5''
Dining Main Level 11'11'' x 11'6''
Living Main Level 15'7'' x 11'9''
Kitchen Main Level 9'7'' x 9'5''

Courtesy of: RE/MAX SOLID GOLD REALTY (II) LTD.

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Demographic Information of 505 MARGARET Street Unit# 306, Cambridge, Ontario, N3H 0A6

Life Stage

Growing Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$94,223.60

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.2 %

High school certificate or equivalent

38.83 %

Apprenticeship trade certificate/diploma

6.75 %

College/non-university certificate

20.83 %

University Degree

15.4 %

Commuter

Travel To Work

By Car

86.11 %

By Public Transit

1.45 %

By Walking

9.74 %

By Bicycle

0.0 %

By Other Methods

2.7 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

58.6 %

Houses

41.4 %

505 MARGARET Street Unit# 306, Cambridge, Ontario, N3H 0A6