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201 505 Margaret Street
52 - Preston North Cambridge N3H 0A6

$425,000
Residential beds: 1 baths: 1.0 713 sq. ft. built: 2013

Main Photo: 201 505 Margaret Street in Cambridge: 52 - Preston North Condo/Apt Unit for sale (15 - Preston)  : MLS®# 40747844
Photo 1: 201 505 Margaret Street in Cambridge: 52 - Preston North Condo/Apt Unit for sale (15 - Preston)  : MLS®# 40747844
Photo 2: 201 505 Margaret Street in Cambridge: 52 - Preston North Condo/Apt Unit for sale (15 - Preston)  : MLS®# 40747844
Photo 3: 201 505 Margaret Street in Cambridge: 52 - Preston North Condo/Apt Unit for sale (15 - Preston)  : MLS®# 40747844
Photo 4: 201 505 Margaret Street in Cambridge: 52 - Preston North Condo/Apt Unit for sale (15 - Preston)  : MLS®# 40747844
Photo 5: 201 505 Margaret Street in Cambridge: 52 - Preston North Condo/Apt Unit for sale (15 - Preston)  : MLS®# 40747844
Photo 6: 201 505 Margaret Street in Cambridge: 52 - Preston North Condo/Apt Unit for sale (15 - Preston)  : MLS®# 40747844
Photo 7: 201 505 Margaret Street in Cambridge: 52 - Preston North Condo/Apt Unit for sale (15 - Preston)  : MLS®# 40747844
Photo 8: 201 505 Margaret Street in Cambridge: 52 - Preston North Condo/Apt Unit for sale (15 - Preston)  : MLS®# 40747844
Photo 9: 201 505 Margaret Street in Cambridge: 52 - Preston North Condo/Apt Unit for sale (15 - Preston)  : MLS®# 40747844
Photo 10: 201 505 Margaret Street in Cambridge: 52 - Preston North Condo/Apt Unit for sale (15 - Preston)  : MLS®# 40747844
Photo 11: 201 505 Margaret Street in Cambridge: 52 - Preston North Condo/Apt Unit for sale (15 - Preston)  : MLS®# 40747844
Photo 12: 201 505 Margaret Street in Cambridge: 52 - Preston North Condo/Apt Unit for sale (15 - Preston)  : MLS®# 40747844
Photo 13: 201 505 Margaret Street in Cambridge: 52 - Preston North Condo/Apt Unit for sale (15 - Preston)  : MLS®# 40747844
Photo 14: 201 505 Margaret Street in Cambridge: 52 - Preston North Condo/Apt Unit for sale (15 - Preston)  : MLS®# 40747844
Photo 15: 201 505 Margaret Street in Cambridge: 52 - Preston North Condo/Apt Unit for sale (15 - Preston)  : MLS®# 40747844
Photo 16: 201 505 Margaret Street in Cambridge: 52 - Preston North Condo/Apt Unit for sale (15 - Preston)  : MLS®# 40747844
Photo 17: 201 505 Margaret Street in Cambridge: 52 - Preston North Condo/Apt Unit for sale (15 - Preston)  : MLS®# 40747844
Photo 18: 201 505 Margaret Street in Cambridge: 52 - Preston North Condo/Apt Unit for sale (15 - Preston)  : MLS®# 40747844
Photo 19: 201 505 Margaret Street in Cambridge: 52 - Preston North Condo/Apt Unit for sale (15 - Preston)  : MLS®# 40747844
Photo 20: 201 505 Margaret Street in Cambridge: 52 - Preston North Condo/Apt Unit for sale (15 - Preston)  : MLS®# 40747844
Photo 21: 201 505 Margaret Street in Cambridge: 52 - Preston North Condo/Apt Unit for sale (15 - Preston)  : MLS®# 40747844
Status:
Active
Prop. Type:
Residential
MLS® Num:
40747844
Bedrooms:
1
Bathrooms:
1
Year Built:
2013
Affordable + Adorable in Preston! This beautifully updated 1-bedroom + den unit is perfect for first-time buyers, downsizers, or investors looking for serious value – and here’s the kicker: low condo fees that won’t crush your budget. Enjoy modern finishes, a private balcony, in-suite laundry, and a functional layout in a well-maintained building close to trails, transit, shopping and Hwy 401. First-Time Buyers: Skip the renos and dive into homeownership with confidence! This move-in-ready suite offers open-concept living, sleek hardwood floors, quartz counters, and a neutral colour palette – the perfect canvas to make your own. A bonus den is an ideal space for a dining room or an office, and the spacious living room leads to a private balcony – your own peaceful outdoor escape. Downsizers: Say goodbye to stairs and upkeep – this second-floor unit offers the perfect blend of comfort and convenience. Just steps from the elevator, with easy access to the parking garage, getting in and out is a breeze, whether you’re carrying groceries or greeting guests. Enjoy a modern, low-maintenance lifestyle with a stylish kitchen, spacious primary bedroom, and peaceful layout that makes every day feel effortless. Investors: This turnkey rental offers a functional layout, in-demand finishes, and a location close to trails, transit, shopping, and Hwy 401 – everything tenants and future buyers want. Professionally managed with low monthly fees for easy cash flow. Extras include stainless steel appliances, in-suite laundry, a bright 4-piece bath, and a sunlit balcony with room for a bistro set and bbq. Whether you're starting out, simplifying, or investing smart – this one checks all the boxes. Don’t miss your opportunity to own in one of Preston’s most convenient and commuter-friendly locations. Your next move starts here!
Property Type:
Residential
Property SubType:
Condo/Apt Unit
Year built:
2013 (Age: 12)
Listing General Location:
52 - Preston North, 15 - Preston
Bedrooms:
1
Bathrooms:
1.0 (Full:1/Half:0)
Frontage Type:
East
Kitchens:
1
Home Style:
1 Storey/Apt
County Or Parish:
Waterloo
Taxes:
Property Attached:
Attached
Features:
Attached Garage: No, Crops Included: No, Garage: Yes, Common Elements Fee: No, New Construction: No
Building Name:
Preston Meadows
Construction:
Brick, Stone
Basement:
None
Foundation:
Poured Concrete
Roof:
Asphalt Shing
Number of Buildings:
0
Total Floor Area:
713 sq. ft.
# Main Level Bedrooms:
1
# Main Level Bathrooms:
1
Finished Area Above Grade:
713 sq. ft.
Fireplace:
false
Laundry Features:
In-Suite
Water Supply:
Municipal-Metered
Water Treatment:
Water Softener
Sewer:
Sewer (Municipal)
Cooling:
Central Air
Heating:
Forced Air, Natural Gas
Age Tank:
2024
Built-in Microwave,Dishwasher,Dryer,Garage Door Opener,Refrigerator,Stove,Washer,Window Coverings
Water Softener, Built-in Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer
Window Coverings
Elevator(s), Guest Suites, Party Room, Parking
Open
false
No
EAGLE ST. TO WILLIAM ST TO DOVER ST N TO MARGARET ST.
No
Restricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Floor
Ensuite
Pieces
Other
Main Floor
HST Applicable To Sale Price:
Included
Association Fee:
Association Fee Frequency:
Association Fee 2:
Association Fee 2 Frequency:
Association Fee Includes:
Insurance,Building Maintenance,Common Elements,Maintenance Grounds,Parking,Snow Removal
Administrative Fee:
Features:
Attached Garage: No, Crops Included: No, Garage: Yes, Common Elements Fee: No, New Construction: No
Road Access Fee:
Condo Corporation Number:
WSCC 518
Condo Corporation:
Yes
Lease to Own Equipment:
None
Zoning:
RM3
Other Equipment:
Intercom
Exposure / Faces:
West
Lot Site Features:
Urban, Ample Parking, City Lot, Highway Access, Library, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, Schools
Features:
Attached Garage: No, Crops Included: No, Garage: Yes, Common Elements Fee: No, New Construction: No
Garage Spaces:
1.0
Parking Places Covered:
1.0
Parking:
Garage Door Opener
Assigned Spaces:
103
# Of Total Parking Spaces:
1.0
# Of Open Parking Spaces:
0.0
Driveway Parking:
Visitor Parking
Road Frontage Type:
Municipal Road
Total Units:
Listed Date:
Jul 04, 2025
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Listed by EXP REALTY
Data was last updated July 5, 2025 at 03:50 AM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$595,000
Min list price:
$379,900
Max list price:
$1,199,000
Avg days on market:
31
Min days on market:
1
Max days on market:
126
Avg price per sq.ft.:
$383.84
These statistics are generated based on the current listing's property type and located in 52 - Preston North. Average values are derived using median calculations.