505 Margaret ST #201 Active Save Request In-Person Tour Request Virtual Tour
Cambridge,ON N3H 0A6
Key Details
Property Type Condo
Sub Type Common Element Condo
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-799
MLS Listing ID X12001646
Style Apartment
Bedrooms 1
HOA Fees $233
Building Age 11-15
Annual Tax Amount $2,608
Tax Year 2024
Property Sub-Type Common Element Condo
Property Description
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**
Location
Province ON
County Waterloo
Area Waterloo
Zoning RM3
Rooms
Family Room No
Basement None
Kitchen 1
Interior
Interior Features Auto Garage Door Remote,Intercom,Water Heater,Water Softener
Cooling Central Air
Inclusions Built-in Microwave, Dishwasher, Dryer, Garage Door Opener, Refrigerator, Stove, Washer
Laundry In-Suite Laundry
Exterior
Parking Features Underground
Amenities Available Bike Storage,Guest Suites,Party Room/Meeting Room,Visitor Parking
Roof Type Asphalt Shingle
Exposure West
Total Parking Spaces 1
Building
Foundation Concrete
Locker None
Others
Senior Community No
Security Features Security System
Pets Allowed Restricted
Virtual Tour https://unbranded.youriguide.com/5d2ya_505_margaret_st_cambridge_on/