For SaleCondo Townhouse · 2-StoreyMLS® #X14154704 · TRREB MLS®
1-535 Margaret St, Cambridge, Ontario
Cambridge, Ontario N3H 0A5
- Bedrooms
- 3
- Bathrooms
- 2
- Type
- Condo Townhouse
- Basement
- Full
$550,000
Estimated market value
About 1-535 Margaret St
1-535 Margaret St is a 3-bedroom, 2-bathroom condo townhouse in Cambridge, listed for sale at an asking price of $550,000 (MLS® X14154704).
This charming 3-bedroom, 2 bathroom townhome offers over 1400 square feet of well-designed living space, nestled in the family-friendly community of Preston Meadows. A generous covered front porch is instantly welcoming. The open-concept main floor features a bright, spacious eat-in kitchen with stainless steel appliances and breakfast bar, that flows seamlessly into the generous sun-lit living room. The bright main-level walkout opens to a raised private deck surrounded by mature trees, perfect for outdoor entertaining or peaceful relaxation. The oversized primary bedroom provides plenty of room for comfort and features a generous collection of windows and a walk-in closet. Two additional upstairs bedrooms offer plenty of space for your family. Downstairs, the finished basement adds valuable living space with a beautifully finished recreation room. A utility room provides ample storage and versatility to suit your needs. Updated vinyl plank flooring throughout, with carpet on the stairs only (otherwise carpet-free). The attached garage is a welcome feature as the weather turns cold. Ideally located, this home is close to schools and shopping, with easy access to Hwy 401. With ample visitor parking in the complex, it's perfect for families or anyone seeking a hassle-free, low-maintenance lifestyle.
Insights
Condition Score
Good1 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even−$388/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 5 condos with 3 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
- $4,053 / 2026
- MLS® number
- X14154704
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Building Age
- 11-15
- Days on market
- Size
- 1200-1399 sqft
- Listed on
- Parking
- 1 Attached, 2 Parking
Listing history
Buy/sell history for 1-535 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 | $550,000 | N/A | For Sale | X14154704 |
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 Townhouse
- Style
- 2-Storey
- Municipality
- Cambridge
Building
- Size
- 1200-1399 sqft
- Building Age
- 11-15
- Construction
- Brick
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Bathroom Details
- 1 × 2pc Main, 1 × 4pc 2nd
- Basement Type
- Full
- Kitchens
- 1
Parking
- Garage Type
- Attached
- Garage
- 1
- Additional Parking
- 1
- Total Parking
- 2
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- No
- Den
- Yes
- Family room
- Yes
- Extras
- Dishwasher, Refrigerator, Stove Washer and dryer. All appliances functioning as expected, but included in as seen, "as is" condition
- Condo maint.
- $190
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Dining | 1.8 × 3.86 m | — | Main |
| Kitchen | 3.33 × 4.12 m | — | Main |
| Living | 3.38 × 3.86 m | — | Main |
| Br | 2.44 × 4.09 m | — | 2nd |
| 2nd Br | 2.72 × 3.05 m | — | 2nd |
| Primary | 4.06 × 5.18 m | — | 2nd |
| Rec | 3.58 × 5.03 m | — | Bsmt |
| Utility | 5.16 × 7.57 m | — | Bsmt |
Map and tour
Condos for sale in Cambridge right now
- For sale now
- 31
- Median asking price
- $520K
- New in 7 days
- 3
- Price cuts
- 13%
Middle half: $450K to $612K
14 in 28 days
4 listings
This home is asking 6% 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
- $7,475
- Total land transfer tax
- $7,475
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $3,475
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 $550,000
- $3,000
- Ontario total
- $7,475
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Preston Public SchoolWaterloo Region DSB | Public · grades JK–6 | 400 m | 70%Grade 6 average |
| Coronation Public SchoolWaterloo Region DSB | Public · grades JK–6 | 1 km | 71%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 | 1.4 km | 78%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Preston High SchoolWaterloo Region DSB | Public · grades 9–12 | 1.3 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 | 3.8 km | 61%Grade 9 math |
| St Benedict Catholic Secondary SchoolWaterloo CDSB | Catholic · grades 9–12 · French Immersion | 4.6 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 | 2.5 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
- $110,000
- Total mortgage amount
- $440,000
- Total interest payment
- $313,000
- Total purchase cost
- $863,000
- Mortgage payment
- $2,510/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
32%Monthly carrying cost
$3,038- Rent $2,650
- Shortfall $388
Rental income opens at $2,650, the median asking rent of 5 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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