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505 MARGARET Street Unit# 410, Cambridge — listed at $424,999. Earn buyer cashback at closing. No catches, just more money in your pocket.
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! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Other | Main level | 4'6'' x 6'10'' |
| Primary Bedroom | Main level | 15'1'' x 10'6'' |
| Living room | Main level | 13'0'' x 11'9'' |
| Laundry room | Main level | 6'1'' x 5'0'' |
| Kitchen | Main level | 12'4'' x 10'8'' |
| Bedroom | Main level | 12'7'' x 8'8'' |
| 5pc Bathroom | Main level | 9'7'' x 4'11'' |
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,220.95, a condo/maintenance fee of $233.32/mo, heating is forced air. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is forced air. Ask for past utility bills to understand real heating costs.
Who is 505 MARGARET Street Unit# 410 best suited for?+
With 2 bedrooms and 1 bathroom, this is ideal for a couple, a small family, or as a low-maintenance investment property.
Is this a good starter home?+
At $424,999, this is priced in starter-home territory for Cambridge. With multiple bedrooms, it has room to grow into. Factor in condo fees when calculating your true monthly cost.
What do the condo/maintenance fees cover?+
The $233.32/mo fee covers: Common Area Maintenance, Landscaping, Property Management, Insurance.
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