For SaleCondo Apt · ApartmentMLS® #X14153164 · TRREB MLS®
410-505 Margaret St, Cambridge, Ontario
Cambridge, Ontario N3H 0A6
- Bedrooms
- 2
- Bathrooms
- 1
- Type
- Condo Apt
- Basement
- None
$424,999
Estimated market value
About 410-505 Margaret St
410-505 Margaret St is a 2-bedroom, 1-bathroom condo in Cambridge, listed for sale at an asking price of $424,999 (MLS® X14153164).
Top-floor turnkey living in the heart of Preston! Perched on the top floor with quiet, open views, this bright 2-bedroom plus den suite has been beautifully refreshed with modern countertops, refaced kitchen cabinets, updated pot lights and switches, fresh paint throughout, and a newly updated bathroom featuring a sleek double vanity. The layout is open, comfortable, and easy to live in, showcasing rich flooring, crown moulding, and sliding doors out to your private covered balcony. The kitchen offers abundant storage, stainless steel appliances, and a welcoming breakfast bar peninsula. Right off the kitchen, discover a dedicated den perfect for a quiet home office, creative zone, or reading nook. Both bedrooms are spacious and bright, highlighted by a primary retreat with a large picture window and generous walk-in closet.Premium parking and storage perks include one deeded, heated underground parking space equipped with an included prefabricated storage locker, plus complimentary access to the building's secure bike storage room. The well-managed building also recently completed refreshed paint and new carpeting throughout all common hallways! Additional amenities include a party room, a bookable guest suite ($50/night), and pet-friendly living (pets under 40 lbs welcome). Located directly across from Ed Newland Pool and Civic Park, an easy walk to downtown Preston cafes and dining, and just minutes to Highway 401. Exceptional, low-maintenance living at its finest!
Insights
Condition Score
Good3 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even−$190/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 6 condos with 2 bedrooms for lease in Cambridge right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $3,221 / 2026
- MLS® number
- X14153164
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 800-899 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Listing history
Buy/sell history for 410-505 Margaret St, Cambridge, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $424,999 | N/A | For Sale | X14153164 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Municipality
- Cambridge
Building
- Size
- 800-899 sqft
- Construction
- Brick
Inside
- Bedrooms
- 2
- Bathrooms
- 1
- Bathroom Details
- 1 × 5pc
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
- Condo maint.
- $233
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Bathroom | 1.5 × 2.92 m | 5 Pc Bath | Main |
| Br | 2.64 × 3.84 m | — | Main |
| Kitchen | 3.25 × 3.76 m | — | Main |
| Laundry | 1.52 × 1.85 m | — | Main |
| Living | 3.58 × 3.96 m | — | Main |
| Br | 3.2 × 4.6 m | — | Main |
Map and tour
Condos for sale in Cambridge right now
- For sale now
- 44
- Median asking price
- $422K
- New in 7 days
- 7
- Price cuts
- 27%
Middle half: $375K to $560K
13 in 28 days
12 listings
This home is asking 1% above the median.
See all homes in CambridgeAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Land transfer tax on this home
- Ontario land transfer tax
- $4,975
- Total land transfer tax
- $4,975
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $975
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $424,999
- $500
- Ontario total
- $4,975
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use; 9 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 5.6 m.250 m
- Groundwater recorded about 13.1 m below ground nearbyThe middle water level in the well records within 500 m (49 records). It changes with the season and from spot to spot.500 m
- Bedrock about 9.1 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 5.8 km5.8 km
Province of Ontario open data
Around the home2
- Nearest rail line: 160 m160 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is P & H Milling Group a Division of Parrish & Heimbecker Limited — P & H Milling Group - Cambridge, 780 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by GrandBridge Energy Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at a household 60 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (60 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.60 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Vianet, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Grand River Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Preston Public SchoolWaterloo Region DSB | Public · grades JK–6 | 250 m | 70%Grade 6 average |
| Grand View Public SchoolWaterloo Region DSB | Public · grades JK–6 | 1 km | 68%Grade 6 average |
| St Michael Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 | 1.1 km | 60%Grade 6 average |
| ÉÉC Saint-Noël-Chabanel-CambridgeConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 1.5 km | 78%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Preston High SchoolWaterloo Region DSB | Public · grades 9–12 | 1.1 km | 67%Grade 9 math |
| ÉSC Père-René-de-GalinéeConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 3.3 km | 70%Grade 9 math |
| Jacob Hespeler Secondary SchoolWaterloo Region DSB | Public · grades 9–12 | 3.9 km | 61%Grade 9 math |
| St Benedict Catholic Secondary SchoolWaterloo CDSB | Catholic · grades 9–12 · French Immersion | 4.7 km | 52%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Pinebush | GRT bus rapid transit: ION Bus | 2.6 km |
| Cambridge Centre Mall | GRT bus rapid transit: ION Bus | 2.9 km |
| Can-Amera | GRT bus rapid transit: ION Bus | 3.4 km |
| Delta | GRT bus rapid transit: ION Bus | 4.3 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Contains information provided by the Regional Municipality of Waterloo under licence.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $85,000
- Total mortgage amount
- $339,999
- Total interest payment
- $241,701
- Total purchase cost
- $666,700
- Mortgage payment
- $1,939/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
28%Monthly carrying cost
$2,440- Rent $2,250
- Shortfall $190
Rental income opens at $2,250, the median asking rent of 6 comparable homes for lease in Cambridge. Type over it with the rent you expect. This is a planning tool, not advice.
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