688 Preston Parkway, Cambridge, ON

$549,900
MLS#:X13450672
3 beds
2 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Apartment"] condo apartment located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium concrete and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $549,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Carpet Free, Water Heater
  • equipped with ["other"] central cooling and highly efficient heat pump heating via electric

Welcome to this spacious and well-maintained 3-bedroom, 2-bathroom corner unit offering comfort, functionality, and an abundance of natural light. This desirable layout features generous living and dining areas, a well-appointed kitchen with ample cabinetry, and a bright open-concept design ideal for everyday living and entertaining. The primary bedroom features a private ensuite complete with a separate jacuzzi tub and shower, creating the perfect space to relax and unwind. Two additional bedrooms provide flexibility for family, guests, or a home office. Enjoy the convenience of in-suite laundry, ample storage, and the added privacy and natural light that come with a corner unit. Ideally located close to Highway 401, shopping, restaurants, parks, walking trails, public transit, and Conestoga College, this home offers exceptional value in a convenient Cambridge location. Perfect for first-time buyers, families, downsizers, or investors seeking space, comfort, and convenience.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date6/16/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete, Stucco (Plaster)
BasementNone
CountyWaterloo
Annual Tax$3,219

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
CoolingOther

Features

Property Features

Interior Features

Carpet Free, Water Heater

Security Features

Community Features

Location

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688 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 688 Preston Parkway 401, Cambridge, ON N3H 5K6

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$439,920
Monthly Mortgage$2,556
Property Tax (Est.)$268
Utilities & Maint.$350
Total Monthly Cost$3,174

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.

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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$782,079

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.