505 Margaret Street Unit# 201

- $425,000

Cambridge, N3H0A6
MLS ® 40747844

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! (id:38551)

Features

  • Balcony

Location

Details

505 Margaret Street Unit# 201, , Cambridge

  • Land

    Unknown

  • Bedrooms

    1 Bedroom(s) + 1 Den

    2
  • Bathrooms
    1
  • Parking

    Underground, Visitor Parking

    1

Rooms

505 Margaret Street Unit# 201, , Cambridge

  • Bedroom

    main level

    12'0'' x 14'1''
  • Living Room

    main level

    15'6'' x 12'0''
  • Kitchen

    main level

    9'8'' x 12'0''
  • Den

    main level

    7'3'' x 10'6''
  • 4pc Bathroom

    main level

    7'11'' x 5'1''