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.

Learn More

Available Listings In The Building

Forgot password Extend Verify Contact
1-3/3
  • 505 MARGARET Street Unit# 107 in Cambridge: Condo for sale : MLS®# 40803018

    505 MARGARET Street Unit# 107 Cambridge N3H 0A6
    Main Photo: 505 MARGARET Street Unit# 107 in Cambridge: Condo for sale : MLS®# 40803018
    $379,900
    Single Family
    Status:
    Active
    MLS® Num:
    40803018
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    659 sq. ft.
    Located in the highly sought-after Preston Arbour neighbourhood of Cambridge, this bright and spacious 1-bedroom condo offers comfortable, low-maintenance living in an unbeatable location. The open-concept layout features a generous living and dining area filled with natural light and extending to a covered private balcony—perfect for relaxing or enjoying your morning coffee. The spacious bedroom includes a well-sized closet, while the unit also offers in-suite laundry and a well-maintained 4-piece bathroom. Enjoy the convenience of one underground parking space (#99) and excellent building amenities, including visitor parking, a party room, and a guest suite. Ed Newland Pool is right across the street for summer enjoyment, with Civic Park, Riverside Park, schools, shops, restaurants, public transit, and Downtown Preston all nearby. Just a five-minute drive to Hwy 401 makes commuting easy. With the lowest condo fees in the area at $224.49/month, this is one of the best values in Cambridge. Ideal for first-time buyers, couples, or young professionals—this unit won’t last long. Bring your best offer! (id:2493) More details
    Listed by RE/MAX Escarpment Realty Inc.
  • 107 - 505 MARGARET STREET in Cambridge: Condo for sale : MLS®# X12758910

    107 - 505 MARGARET STREET Cambridge N3H 0A6
    Main Photo: 107 - 505 MARGARET STREET in Cambridge: Condo for sale : MLS®# X12758910
    $379,900
    Single Family
    Status:
    Active
    MLS® Num:
    X12758910
    Bedrooms:
    1
    Bathrooms:
    1
    Located in the highly sought-after Preston Arbour neighborhood of Cambridge, this bright and spacious 1-bedroom condo offers comfortable, low-maintenance living in an unbeatable location. The open-concept layout features a generous living and dining area filled with natural light and extending to a covered private balcony-perfect for relaxing or enjoying your morning coffee. The spacious bedroom includes a well-sized closet, while the unit also offers in-suite laundry and a well-maintained 4-piece bathroom. Enjoy the convenience of one underground parking space (#99) and excellent building amenities, including visitor parking, a party room, and a guest suite. Ed Newland Pool is right across the street for summer enjoyment, with Civic Park, Riverside Park, schools, shops, restaurants, public transit, and Downtown Preston all nearby. Just a five-minute drive to Hwy 401 makes commuting easy. With the lowest condo fees in the area at $224.49/month, this is one of the best values in Cambridge. Ideal for first-time buyers, couples, or young professionals-this unit won't last long. (id:2493) More details
    Listed by RE/MAX ESCARPMENT REALTY INC.
  • 505 MARGARET Street Unit# 306 in Cambridge: Condo for sale : MLS®# 40810949

    505 MARGARET Street Unit# 306 Cambridge N3H 0A6
    Main Photo: 505 MARGARET Street Unit# 306 in Cambridge: Condo for sale : MLS®# 40810949
    $299,900
    Single Family
    Status:
    Active
    MLS® Num:
    40810949
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    787 sq. ft.
    Welcome to easy, comfortable living in this bright and spacious 2-bedroom condo located in the heart of Preston. Just steps from Ed Newland Pool and Civic Park, this home offers the perfect balance of convenience, community, and lifestyle. Inside, the thoughtfully designed layout provides a seamless flow between the kitchen, dining, and living areas — ideal for both everyday living and entertaining. The generous kitchen overlooks the dining space, creating a welcoming setting for meals and gatherings. From the living room, step out to your private balcony, a great place to enjoy a quiet morning coffee or unwind at the end of the day. The primary bedroom serves as a peaceful retreat, complete with a large walk-in closet offering plenty of storage and organization space. A well-sized second bedroom provides flexibility for guests, a home office, or additional living space. The unit also features a 4-piece bathroom along with the added convenience of in-suite laundry. This well-kept building offers fantastic amenities including a party room for social gatherings and a guest suite for visiting friends and family. One outdoor parking space is also included. Located close to Riverside Park, the shops and restaurants of Downtown Preston, and with quick access to Highway 401, this home is perfect for commuters and anyone looking to enjoy the best of Cambridge living. (id:2493) More details
    Listed by RE/MAX SOLID GOLD REALTY (II) LTD.
1-3/3
Data was last updated March 20, 2026 at 12:45 PM (UTC)
powered by myRealPage.com

Sell Your Condo With Guelph’s Leading Team

Looking to sell your Guelph or tri-city condo? Our property experts can help you get more from your sale, quicker.