1 - 535 MARGARET STREET, Cambridge

$550,000

For sale: Townhouse

Townhouse at 1 - 535 MARGARET STREET, Cambridge
Property type
Condo Townhouse
Bedrooms / bathrooms
3 bedrooms, 2 bathrooms
Living area
1,399 sqft
MLS®
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.

Sold data

Townhouse homes in Cambridge — recent sold market

Townhouse homes in Cambridge took a median of 33 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 49, across 41 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 63 days.

The median sale price was $579,900.

Homes sold for about 2.0% below asking on average, so there was room to negotiate.

About 22% of sales closed above the list price.

Around 27% of sellers reduced their price before finding a buyer.

Median days to sell
33
Median sale price
$579,900
Sale-to-list ratio
98.0%
Sold above asking
22%

Based on 41 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Cambridge

Cambridge has 46 Fraser Institute–rated schools (38 elementary and 8 secondary), averaging 5.6/10.

Rated schools
46
Elementary
38
Secondary
8
Average rating
5.6 / 10

Top-rated schools in Cambridge

  • Islamic School of Cambridge — elementaryFraser rating 10.0/10
  • Ontario Muslim Academy — elementaryFraser rating 10.0/10
  • Mother Theresa — elementaryFraser rating 7.5/10
  • Père-René-de-Galinée — secondaryFraser rating 7.2/10
  • St Margaret — elementaryFraser rating 7.2/10
  • Parkway — elementaryFraser rating 6.8/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 1 - 535 MARGARET STREET