201 - 505 Margaret Street

201 - 505 Margaret Street
201 - 505 Margaret Street
201 - 505 Margaret Street
+27
1
 bed
1
 bath
1
 parking
700 - 799
 sqft
Comm Element Condo
$450,000
For Sale
31 days
 on site
$450,000
Click to open the pre-gallery to get the direction
Maintenance fees
$233.00
Locker
None
Exposure
W
Possession
-
Price per sqft
$563 - $643
Taxes
$2,608.2 (2024)
Outdoor space
Balcony, Patio
Age of building
11-15 years old
See what's nearby
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**
Broker: THE AGENCY
MLS®#: X12001646
Property details
Neighbourhood:
Parking:
Yes
Parking type:
Underground
Property type:
Comm Element Condo
Heating type:
Forced Air
Style:
Apartment
Ensuite laundry:
-
MLS Size:
700-799 sqft
Listed on:
Mar 1, 2025
Show all details
Rooms
NameSizeFeatures
Kitchen
3.65 x 2.94 ft
4 Pc Bath
Living Room
3.65 x 4.72 ft
Dining Room
3.20 x 2.20 ft
Show all
Instant estimate:
orto view instant estimate
$7,387
higher than listed price
i
High
$480,697
Mid
$457,387
Low
$448,239
1
Bike Storage
1
Guest Suites
1
Party Room
1
Visitor Parking

Included in Maintenance Fees

1
Parking

About 201 - 505 Margaret Street

201 - 505 Margaret Street is a Cambridge condo for sale. It has been listed at $450000 since March 2025. This 700-799 sqft condo has 1 bed and 1 bathroom.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this condo.

For those residents of 505 Margaret St, Cambridge without a car, you can get around rather easily. The closest transit stop is a Bus Stop (Westminster / Margaret) and is not far connecting you to Cambridge's public transit service. It also has route Langs nearby.