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$450,000

Est. payment - /mo

Active

505 Margaret ST #201 Cambridge, ON N3H 0A6

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jeff@othengroup.com +1(647) 296-5605

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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

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

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+1(647) 296-5605

505 Margaret ST #201 Cambridge, ON N3H 0A6

System Administrator

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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505 Margaret ST #201