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$ 279,900

505 Margaret Street, Cambridge, ON, N3H 0A6

Listing ID# 30583050
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$ 279,900

  • 505 Margaret Street
    Cambridge, ON N3H 0A6
  • Listing ID 30583050
  • Building type: Single Family
  • Building Style: 1 Storey/Apt
  • Bedrooms: 2
  • Bathrooms: 1
  • Living space: 859 sq ft
  • Status: For Sale/Active
  • Basements: None
  • Parking Type: Surface/Open
  • Garage Type: Underground
  • Gas: Electric
  • Heating: Forced Air
  • Kitchens: 1
  • Occupancy: Tenant
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Property Description

Newer and very nice apartment style condo in a great central Preston location. This locale is close to riverside park and the fireworks that happen every July 1st, across the street from Edward Newland public pool, walking distance to schools, library and the night life and shopping that downtown Preston has to offer. This unit has 2 parking spaces which is rare. One is located in the underground parking garage (great for the winter months) and one is located outside. This 2 bedroom unit is well laid out. You have an open kitchen with breakfast bar overlooking the living room that has patio doors out to the balcony. There is a dinette, 2 good sized bedrooms with a walk in closet for the master and a 4 piece bath. As well for your convenience you have insuite washer and dryer. This unit is located on the third floor and has elevator access. Why rent a home when you could easily afford to buy this. DISCLAIMER: The photos on line are similar to this unit but are not exact. Flooring and colours are different. To respect the privacy of the tenant we are not posting current photos.



Listing courtesy of RE/MAX TWIN CITY REALTY INC.


Demographics

Preston Centre Property Overview
62%Own 38%Rent
  • Detached 2,676
  • Low-Rise 269
  • Semi-Det. 206
  • Duplex 180
$ 344 k

Average Home Price in Preston Centre

55 years

Average home age in Preston Centre

Household Size
3,328One-family 1,955Non-family 65Multi-family
Household size (# people)
  • 11,967
  • 21,696
  • 3809
  • 4-5816
  • 6+60
Household Income in Preston Centre
89.7%Employed 5.8%Unemployed 4.6%Self-Employed
  • White Collar 3,364
  • Blue Collar 2,892
$ 77 k

Average income

42 years

Average age

Education
  • Certificate, diploma, degree 8,950
  • No Certificate 3,637
  • High School 3,586
  • College 2,508
  • Apprenticeship 1,309
Marital Status in Preston Centre
45%Married 32%Single 23%Other
Age groups
  • 0-1920%
  • 20-2913%
  • 30-4928%
  • 50+38%

Points of interest and Comparables - Preston Centre

top

$251,430*

average price

-4.48%

market trend

* - average price based on 57 comparable properties in the neighbourhood
# date listed bed/bath
1 $329,900 3/2
2 $369,750 3/1 + 1
3 $799,000
4 $799,900
5 $368,900
6 $1,750 3/2 + 1
7 7/8/2017 $369,000 3/2
8 $339,000 3/2
9 $424,900 5/1 + 1
10 $349,000 3 + 2/2
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505 Margaret Street, Cambridge, ON
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505 Margaret Street
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  • 2 bd
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  • 859 sq ft
  • 6 schools
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505 Margaret Street, Cambridge, ON
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1828 Earlwood Drive, Cambridge, ON
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287 Shepherd Avenue, Cambridge, ON
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