Cambridge
Preston
Mid-rise Apartment

Welcome to Preston Meadows

Perfect for: Commuters, Dog Lovers, Downsizers, Young Professionals

Pet-Friendly

505 Margaret is a condominium that was built in 2013 in the heart of the Preston district. Units include 1-3 bedrooms and a open balcony for each unit to enjoy. Underground parking available and laundry in suite are some great features this building has to offer. These units are Perfect for A First Time Home Buyer, Empty Nester(s) or Investor. Located in Preston Close To The 401, Schools, And Down-town and the  park and public swimming pool across the street.

Managed by: Inspirah Property Management 

Condo Corp: WSCP 518

Maintenance Fees

$241-$360

Range Per Month

Sale Price Min/Max

$432,000-$544,900

Last Year

Square Footage Range

665-1105

Min-Max Bedrooms

1-3

Walk Score

50

Transit Score

40

Looking for the most up-to-date info for this building? Reach out to us today!

Building Amenities

  • Balcony
  • BBQ Area
  • Central Air
  • Guest Room
  • In-suite Laundry
  • Party Room
  • Pet Friendly
  • Surface Parking
  • Underground Parking
  • Visitor Parking
Expand To See More +

Additional Information

  • Year Built: 2013
  • Number of Units: 201
  • Number of Storeys: 5
  • Heat Source: Gas – Forced Air
  • Rent vs. Own: High Owner

Condo Fees Include: Building Insurance, Exterior Maintenance, Parking

About The Neighbourhood

Commuter Approved | Kid & Pet-Friendly | Prestigious

Situated in Northwest Cambridge, Preston is one of the region’s oldest neighbourhoods with a legacy of being a global destination for travelers seeking the healing benefits of the local mineral baths. The area is full of old-world charm and beautiful architecture, including Sheave Tower, built in 1876, Langdon Hall, a luxury hotel built in 1902, and the Preston Spring Garden, a hotel that’s been operating since 1890.

Nature enthusiasts will enjoy living close to many parks in Preston, including Central Park, where the annual Easter Egg Hunt is held, and Riverside Park, which offers 102 hectares of tranquil greenspace. The Dumfries Conservation Area is also in Preston, and hosts the annual Kite Festival in June. Preston is close to Highway 401, so residents can easily travel around Guelph and the tri-city areas, as well as Toronto and the GTA.

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Available Listings In The Building

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  • 505 MARGARET Street Unit# 306 in Cambridge: Condo for sale : MLS®# 40752359

    505 MARGARET Street Unit# 306 Cambridge N3H 0A6
    Main Photo: 505 MARGARET Street Unit# 306 in Cambridge: Condo for sale : MLS®# 40752359
    $450,000
    Single Family
    Status:
    Active
    MLS® Num:
    40752359
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    787 sq. ft.
    Welcome to this bright and spacious 2-bedroom condo located in Preston! Perfectly positioned across the street from Ed Newland Pool and Civic Park, this home offers comfort, convenience, and community all in one. Step into your private sanctuary in this beautifully designed primary suite, where comfort meets luxury. The spacious bedroom offers plenty of room ideal for unwinding at the end of the day. A highlight of the suite is the expansive walk-in closet, hanging space, and storage solutions to keep everything organized and within easy reach. Whether you're getting ready for work or a night out, this closet offers the functionality and elegance you’ve been looking for. Step inside to find a large kitchen with an open dining area, ideal for cooking and entertaining. The open-concept layout flows effortlessly into the living space and out to a generously sized private balcony — perfect for your morning coffee or evening relaxation. Enjoy the convenience of in-suite laundry, a 4-piece bathroom, and one outdoor parking space included. Building amenities include a party room for social gatherings and a guest suite for overnight visitors — adding value and versatility to your new home. Located just a short walk from Riverside Park, Downtown Preston, and with easy access to Hwy 401, this location can’t be beat for commuters or those who love to explore everything Cambridge has to offer. Don’t miss out on this fantastic opportunity to own a beautiful condo in a prime location! (id:2493) More details
    Listed by RE/MAX SOLID GOLD REALTY (II) LTD.
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Data was last updated September 24, 2025 at 02:15 AM (UTC)
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