For sale

This one's priced above recent comparable sales, and new this week. Here's everything I've got — ask me anything about it.

Cambridge · Waterloo Region

505 Margaret Street, Unit 205

Condo Apartment

MLS® #X14179392

Listed for$374,9992 days on market

2 bed 1 bath 1 parking 800-899 sq ft~$441/sq ft

New this week
2 schools within 1 km
Transit stop ~230 m

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Is $374,999 a fair price?

Our read: it’s priced above recent comparable sales — based on 16 sales nearby. Sign in free to see exactly how far above it is, plus the full range comparable homes sold in.

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Measured against 16 recent comparable sales nearby — sign in free to see the range they sold in (boards require a verified email · VOW rules).

Est. all-in monthly~$2,288/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

2 schools within ~1 km · nearest transit stop ~0.23 km

Property information

What condo buyers ask first

Maintenance fee: $281 / month
Fee includes: Parking
Square footage: 800-899 sq ft
Parking: 1 space · Underground
Locker: None
Exposure: East
Balcony: Enclosed
Property tax: $3,145 / yr
Building: 3-storey building · Ensuite laundry

Property summary

Property type: Condo Apartment
Style: 1 Storey/Apt
Parking: 1 space · Underground
Heating: Forced Air
Air conditioning: Central Air
Basement: None
Kitchens: 1
Exterior: Brick
Property tax: $3,145 / yr
MLS®: X14179392

Room dimensions

Primary Bedroomlaminate, closet

Main3.24 × 3.78 m

Bedroomlaminate, closet

Main2.62 × 3.78 m

Laundry

Main1.65 × 2.05 m

Living Roomlaminate, open concept, sliding doors

Main3.38 × 3.88 m

Kitchenstainless steel sink, breakfast bar, ceramic floor

Main2.68 × 375.0 m

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Detached

$618,888

Below recent sales

217 HEXAM Street

3 bed · 1 bath·1100-1500 sq ft·4 parking

Cambridge · Waterloo Region

Listed 18 days ago · RE/MAX West Realty Inc.

Condo Townhouse

$499,900

Below recent sales

750 Lawrence Street, Unit 91

3 bed · 2 bath·1400-1599 sq ft·2 parking·$430/mo fee

Cambridge · Waterloo Region

Listed 13 days ago · Corcoran Horizon Realty

Detached

$600,000$660,000Price reduced from $660,000

Below recent sales

180 Hewat Street

3 bed · 2 bath·1100-1500 sq ft·3 parking

Cambridge · Waterloo Region

Listed 51 days ago · Keller Williams Innovation Realty

Detached

$639,900

Below recent sales

540 Vine Street

3 bed · 2 bath·1500-2000 sq ft·5 parking

Cambridge · Waterloo Region

Listed 22 days ago · RE/MAX Twin City Realty Inc.

Detached

$489,000

Below recent sales

161 Eby Street

2 bed · 1 bath·700-1100 sq ft·3 parking

Cambridge · Waterloo Region

Listed 3 days ago · RE/MAX Twin City Realty Inc.

Condo Apartment

$375,000$380,000Price reduced from $380,000

Below recent sales

237 King Street W

2 bed · 2 bath·900-999 sq ft·1 parking·$800/mo fee

Cambridge · Waterloo Region

Listed 46 days ago · RE/MAX Twin City Realty Inc.

The numbers that matter

Maintenance fee: $281/mo
Property tax: $3,145/yr
Est. all-in: ~$2,288/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.

Preston Public SchoolPublic · Elementary · Waterloo Region DSB0.3 km
Grand View Public SchoolPublic · Elementary · Waterloo Region DSB1.0 km
Coronation Public SchoolPublic · Elementary · Waterloo Region DSB1.1 km
St Michael Catholic Elementary SchoolCatholic · Elementary & Secondary · Waterloo CDSB1.1 km
Preston High SchoolPublic · Secondary · Waterloo Region DSB1.1 km
William G Davis Public SchoolPublic · Secondary · Waterloo Region DSB1.2 km

Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Westminster / MargaretNearest transit · Bus stop~230 m
KitchenerNearest GO / rail · GO / regional rail~12.6 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Cambridge

$639KMedian sold

30Median days on market

100.4%Sale-to-list

Median sold price · Cambridge1-yr -5% · 3-yr —

Source: TRREB sold data via Repliers · all property types

Neighbourhood demographics — Cambridge

138,479Population (2021)

39.2Median age

$93,000Median household income

68.9%Home owners

31.1%Renters

2.7Avg household size

Source: Statistics Canada, 2021 Census

Description & details

Welcome to this spacious, bright, and completely carpet-free 2-bedroom condo in highly desirable North Preston! Move-in ready with low maintenance fees in a beautifully maintained, well-managed building that recently refreshed all common area paint and carpets. The ultra-functional, open-concept layout maximizes every square foot, flowing into a bright kitchen with abundant cabinetry, a breakfast bar peninsula, and a sun-drenched living room with sliding glass doors opening to your private 59 sq ft balcony. Both bedrooms feature durable laminate flooring and generous closet space. The choice end-unit location provides extra peace and quiet. Enjoy premium perks like heated underground parking, secure bike storage, an on-site party room, and a convenient bookable guest suite ($50/night). Pets under 40 lbs are welcome! Unbeatable location directly across from Ed Newland Pool and Civic Park, an easy stroll to trendy downtown Preston cafes and dining, and just minutes to Hwy 401. Don't miss this perfect blend of lifestyle, location, and affordability!

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by SUTTON GROUP QUANTUM REALTY INC.. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.