421 Preston Parkway, Cambridge, ON

$620,000
MLS#:X12123052
5 beds
4 baths
1100-1500 sqft
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Sidesplit"] detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $620,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 37.22 x 86.77 ft lot
  • Features a ["development potential", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Accessory Apartment
  • equipped with ["other"] central cooling and highly efficient baseboard heating via electric

Welcome to your spacious and versatile side-split home in Cambridges desirable Preston area! Ideally located minutes from the 401, Conestoga College, the new Cambridge Soccer Complex, and shopping amenities, this property is also within walking distance to a local elementary school, making it perfect for families. The unique layout features a main foyer that provides access to three distinct living spaces, offering privacy and flexibility. The main floor includes a kitchen, dining room, bedroom, a convenient two-piece bathroom, and a two-piece ensuite. On the upper main level, you'll find a bright, open space with three generously sized bedrooms and a four-piece bathroom. The basement offers a two-piece ensuite and is equipped with a stove receptacle, providing additional versatility. With its ideal location and flexible layout, 421 Preston Parkway is a must-see. Schedule your showing today!

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 4, 2025
Sold price information is available to members only
Listed Date5/4/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionAluminum Siding, Brick
Lot Size37.22 × 86.77 Feet
CountyWaterloo
Annual Tax$3,205
Legal DescriptionLT 25 PL 1327 CAMBRIDGE; S/T WS522015; CAMBRIDGE

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
Cooling["Other"]

Features

Property Features

Community Features

Location

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421 Preston Parkway, Cambridge, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 421 Preston Parkway, Cambridge, ON N3H 4X3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$496,000
Monthly Mortgage$2,882
Property Tax (Est.)$267
Utilities & Maint.$350
Total Monthly Cost$3,499

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Cambridge.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cambridge.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$781,715

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Local Schools Guide

Elementary Schools

Elgin Street
Public685 Elgin Street North, Cambridge, Ontario, N1R 7W6
6.2
Avenue Road
Public40 Gail Street, Cambridge, Ontario, N1R 4M2
3.3
Christ The King
Public70 Acorn Way, Cambridge, Ontario, N1R 8M5
3.1
St Peter
Public92 Avenue Road, Cambridge, Ontario, N1R 1C1
5.6
Manchester
Public455 Dundas Street North, Galt, Cambridge, Ontario, N1R 5R5
4.7

Secondary Schools

Galt
Public200 Water Street North, Galt, Cambridge, Ontario, N1R 6V2
5.9
St. Benedict
Catholic50 Saginaw Parkway, Cambridge, Ontario, N1R 5W1
6.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.