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$550,000
Cambridge
Times shown are local to the property.
#1 535 Margaret Street, Cambridge, Ontario, N3H0A5
This 3-bedroom, 2-bathroom condo in Cambridge is for sale offering roughly 1,300 sq ft of space. It has been on the market 0 days, fresher than the Cambridge average of 57 days.
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. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Just listed: 0 days on market, against an average age of 57 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 99.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 3-bed single family in Cambridge has been listed for 0 days, which is 57 days fresher than the city average of 57. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $550,000, about 6.7× the local median household income of $82,000.
Carrying it typically needs a household income of about $107,434 (20% down, 25-yr amortization, stress-tested) — roughly 31% above the area median.
Source: Statistics Canada, 2021 Census (FSA N3H)
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Loading rates, 30-yr amortization
Cash Needed to Close
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