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401-505 Margaret Street, Cambridge, ON, N3H 0A6

MLS® # 40705235
Condo For Sale In Central Park, Cambridge, Ontario
$439,900 QuickQuoteTM: $399K - $505K

1 Beds

1 Bath

401-505 Margaret Street, Cambridge, ON - Outdoor With Balcony With Facade
401-505 Margaret Street, Cambridge, ON - Outdoor With View
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401-505 Margaret Street, Cambridge, ON - Outdoor With Balcony With Facade
401-505 Margaret Street, Cambridge, ON - Outdoor
401-505 Margaret Street, Cambridge, ON - Indoor Photo Showing Other Room

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Home Insurance - TD Insurance
Get a home insurance quote online for this $439,900 property in Cambridge
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Home Insurance - TD Insurance

Get a home insurance quote online for this $439,900 property in Cambridge

Provided by TD Insurance

401-505 Margaret Street, Cambridge, ON, N3H 0A6
$439,900

1 Beds

1 Bath

Property Information:

Tastefully designed. Beautifully updated. Low condo fees. AND underground parking. Located on the top floor, suite 401 in Preston Meadows proudly offers all of the above and SO much more. Stepping inside the thoughtfully laid out living space, you will immediately notice the fully updated kitchen complete with plenty of classic white cabinetry, stainless appliances (including induction stove!), striking backsplash, stunning quartz countertops and a 4 seater breakfast bar. Your well appointed cooking space overlooks the bright and welcoming living room; this entire space adorned with a modern colour palette and stylish flooring. Natural light fills the space from your southwest facing balcony. Make your way from the living room to your generous sized den; perfect for a dining area, office nook, or even a day bed for your guests. The four piece bathroom boasts the same stylish design as the rest of the home and is located directly across from your in-suite laundry facilities. A spacious bedroom is last on the tour, spacious enough for a KING sized bed!, and offering plenty of storage options.Don’t worry about winters here, we’ve got you covered, quite literally; with an owned, underground parking space. Building amenities also include: bike locker, secured building access, guest accommodations and event room. Ideally located, 505 Margaret Street is in close proximity to public transit, highway access, shopping, grocery stores, restaurants, waking trails, parks, libraries, and more. This immaculately kept condo is truly a rare find and an excellent opportunity for first time buyers, down-sizers, and investors. Download the sales brochure for more information and book your private showing today.

Inclusions: Built-in Microwave,Dishwasher,Dryer,Range Hood,Refrigerator,Smoke Detector,Stove,Washer,Window Coverings,Storage Cabinets In Bedroom

Building Features:

  • Floor Space: 715.97

Property Features:

  • Bedrooms: 1
  • Bathrooms: 1+0
  • Architectural Style: 3 Storey
  • Association Amenities: Elevator(s), Guest Suites, Party Room, Parking
  • Built in: 2014
  • Condo Fees: $241
  • Construction Materials: Brick, Stone
  • Cooling: Central Air
  • Driveway Parking: Covered Parking, Visitor Parking
  • Floor Space (approx): 715.97 Square Feet
  • Heating: Forced Air
  • Interior Features: Ceiling Fan(s), Elevator
  • Laundry Features: In-Suite
  • Lot Features: Urban, Ample Parking, Arts Centre, Dog Park, City Lot, Near Golf Course, Highway Access, Library, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, Schools, Shopping Nearby, Trails
  • Lot Frontage: 0.00 Feet
  • Roof: Asphalt Shing
  • Security Features: Smoke Detector
  • Water Source: Municipal-Metered
  • Window Features: Window Coverings
  • Zoning: R
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 1

Rooms:

  • Living Main Level 4.78 X 3.68
  • Kitchen Main Level 2.95 X 3.68
  • Den Main Level 2.24 X 3.23
  • Bathroom Main Level 2.41 X 1.55
  • Bedroom Main Level 3.56 X 4.24

Courtesy of: KELLER WILLIAMS INNOVATION REALTY

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

All Properties

-0.87%

Price change (1 year)

41.48%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 401-505 Margaret Street, Cambridge, ON, N3H 0A6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 401-505 Margaret Street , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 401-505 Margaret Street , experiences 11 significant 2-day storms per year, with about 321.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 396.7mm of precipitation per year.

Precipitation Per Storm

Past
321.4mm
2050
396.7mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 401-505 Margaret Street, Cambridge, ON, N3H 0A6

Life Stage

Growing Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$94,223.60

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.2 %

High school certificate or equivalent

38.83 %

Apprenticeship trade certificate/diploma

6.75 %

College/non-university certificate

20.83 %

University Degree

15.4 %

Commuter

Travel To Work

By Car

86.11 %

By Public Transit

1.45 %

By Walking

9.74 %

By Bicycle

0.0 %

By Other Methods

2.7 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

58.6 %

Houses

41.4 %

Own Vs. Rent

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