Re-listed 1 day ago

505 Margaret St #306, Cambridge, Ontario N3H 0A6

In the same building:
-
Condo
2
1
~787 sqft
$•••,•••
$299,900
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Condo
2
1
~787 sqft

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Highlights

Property Estimate

Days on market1 day

Total days on market
223 days

Estimated valueNot available

Price/Sqft$381/sqft

Monthly cost

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Description

Welcome to easy, comfortable living in this bright and spacious 2-bedroom condo located in the heart of Preston. Just steps from Ed Newland Pool and Civic Park, this home offers the perfect balance of convenience, community, and lifestyle. Inside, the thoughtfully designed layout provides a seamless flow between the kitchen, dining, and living areas — ideal for both everyday living and entertaining. The generous kitchen overlooks the dining space, creating a welcoming setting for meals and gatherings. From the living room, step out to your private balcony, a great place to enjoy a quiet morning coffee or unwind at the end of the day. The primary bedroom serves as a peaceful retreat, complete with a large walk-in closet offering plenty of storage and organization space. A well-sized second bedroom provides flexibility for guests, a home office, or additional living space. The unit also features a 4-piece bathroom along with the added convenience of in-suite laundry. This well-kept building offers fantastic amenities including a party room for social gatherings and a guest suite for visiting friends and family. One outdoor parking space is also included. Located close to Riverside Park, the shops and restaurants of Downtown Preston, and with quick access to Highway 401, this home is perfect for commuters and anyone looking to enjoy the best of Cambridge living.


Property Details

Style1 Storey/Apt
View-
Age of property2013
SqFt~787 SqFt
Lot Size-
Parking Spaces1
MLS ®Number40810949
Community NameCentral Park
Data SourceITSO
Listing byRE/MAX SOLID GOLD REALTY (II) LTD.

Features

Heating: Electric, Forced Air
Cooling: Central Air

Main Floor

Living Room

4.75 x 3.58

Kitchen

2.92 x 2.87

Bathroom

2.90 x 1.50

4-Piece

Bedroom

3.94 x 2.64


Features

Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 1


Elevator
Amenities

Elevator(s), Guest Suites, Party Room, Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
1 day on market
history photo preview47
Listing by itso®
Property listed by RE/MAX SOLID GOLD REALTY (II) LTD., Brokerage
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Market Data - Central Park

Geo Zone Map ThumbnailCentral Park

Balanced Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

36 days

Compared to

2025

0 day

2024

19 days

New Listings

Past 30 days

2 listings

Compared to

2025

1 listing

2024

1 listing

Units sold

Past 30 days

1 unit

Compared to

2025

0 unit

2024

1 unit

Median Sold Price

Past 30 days

$345,000

Compared to

2024

$470,000


Population and Demographics

Overview

Total population 8915
Average household income $101,055

Age (%)

0 to 19
18%
20 to 34
21%
35 to 49
18%
50 to 64
21%
65 and plus
21%

Household composition (%)

Single family
56%
Single person
38%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
91%
Others
4%
Portuguese
2%
French
1%

House tenancy (%)

Owners
54%
Renters
46%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget