405 Margaret Street

Welcome to this delightful detached house for sale in Cambridge , located at 405 Margaret Street, Cambridge. This charming residence, built in 1909, boasts a two-storey design and is situated in the peaceful community of 52 - Preston North. With three spacious bedrooms and two bathrooms, this house is perfect for a new family looking to settle in a vibrant area.

As you step inside, you’ll be greeted by the classic hardwood floors that grace the living and dining areas, creating a warm and inviting atmosphere that is perfect for both relaxation and entertaining. The main level of this house for sale in Cambridge offers a seamless flow between the rooms, making it ideal for family gatherings or hosting friends. Although there is no family room, the spacious layout allows for versatile use of the available space.

Moving upstairs, you’ll find wood plank flooring throughout, adding a touch of character to the upper level. The bedrooms are well-sized, providing ample space for rest and relaxation. The updated upstairs bathroom, featuring a bath fitter installed in 2020, ensures that the home meets modern standards while retaining its classic charm.

One of the standout features of this property is the sunroom, which was built in 2023. This bright and peaceful space overlooks the backyard, making it a perfect spot for morning coffee or an evening read. The sunroom is a wonderful addition that enhances the living experience in this house for sale in Cambridge, providing a connection to the outdoors while remaining sheltered.

The kitchen, situated on the main level, is equipped with modern conveniences, including a new stove, fridge, and range hood, all installed in 2023. The presence of a dishwasher (new in 2022) and a dryer adds to the practicality of the home. Additionally, the house features a new high-efficiency furnace and central air conditioning, both installed in 2018, ensuring comfort throughout the year.

For those who appreciate the benefits of a water softener, you’ll be pleased to know that a new unit was added in 2024, further enhancing the home's functionality. Although there is no central vacuum system, the house has been designed to accommodate everyday living with ease.

The exterior of the property is straightforward, with no additional features specified, but the lot measures an impressive 66 x 100 feet, providing plenty of space for outdoor activities. While there is no pool, the backyard offers a blank canvas for gardening or outdoor entertaining. The gravel garage type allows for parking, and there is a private single-wide driveway that can accommodate up to four vehicles, making this house for sale in Cambridge practical for families with multiple cars.

The location of 405 Margaret Street, Cambridge, is another highlight of this property. Nestled in close proximity to parks, schools, and the lovely Riverside Park, it is an ideal setting for families who enjoy outdoor activities and community engagement. The municipal water supply ensures that you have access to essential services, while the absence of a sewer connection is a unique characteristic of this home.

In summary, this house for sale in Cambridge at 405 Margaret Street, Cambridge, is a wonderful opportunity for those seeking a blend of classic charm and modern convenience. With its three bedrooms, two bathrooms, and a host of recent updates, this home is ready for you to move in and create lasting memories. Don’t miss out on the chance to make this lovely property your own!

Community 52, also known as Preston North, is a charming and well-connected area situated in the vibrant city of Cambridge. This neighbourhood boasts a mix of modern residential developments and green spaces, providing a pleasant environment for families and professionals alike. With its proximity to the city centre, residents enjoy easy access to Cambridge's renowned cultural attractions, educational institutions, and a variety of shops and restaurants. The area is well-served by public transport, making it convenient for commuting. Additionally, the surrounding parks and riverside paths offer ample opportunities for outdoor activities and leisurely strolls, enhancing the overall appeal of Preston North as a desirable place to live.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is Preston Public School, just 0.3 km away, offering elementary education from Junior Kindergarten to Grade 6, with a school rating of 6.6. For older elementary students, William G. Davis Public School is located 1.4 km away, providing Grades 7 and 8, though it has a lower rating of 2.3. Preston High School, also nearby at 1.3 km, serves Grades 9 to 12 and has a rating of 6. The area also features Galt Collegiate Institute, a secondary school 4.8 km away, rated 6.1, and St. Benedict Catholic Secondary School, which is 4.9 km away with a rating of 5.9. Additionally, families can consider St. Michael Catholic Elementary School, 1.2 km from the property, which caters to Grades JK to 8 and has a rating of 5.7. While there are also French-language schools in the vicinity, such as Woodroffe Avenue Public School, the majority of nearby schools provide English-language instruction. Overall, the property is well-situated for access to a variety of schooling options.

Key Statistics of the Neighbourhood

The area surrounding the property boasts a population of 778 residents, with an average household size of 2.1. The demographic profile reveals an average age of 44.1 years and a healthy average household income of $78,800. Approximately 11.2% of the population falls under the low-income category. The housing market reflects an average price of $568,000, with 46.84% of households being renters, indicating a significant rental presence. Single individuals make up 48.51% of the population, while households with children account for 38.64%. The community is also diverse, with 19.25% of residents being immigrants. Educational attainment is noteworthy, with 44.76% of the population holding a college or university degree. However, a considerable portion, 34.97%, is not participating in the labor force. Additionally, condos represent 35.44% of the housing options available in the area, appealing to both buyers and renters. This demographic snapshot highlights a vibrant community with a mix of families, singles, and a strong educational background, making it an attractive location for potential homeowners and investors alike.