688 Preston Parkway, Unit 101, Cambridge, ON

$449,900
MLS#:X13177134
3 beds
2 baths
1400-1599 sqft
1.0 parking
Residential Condo & Other
Residential Condo & Other for sale - 3 Bed, 2 Bath Home at 688 Preston Parkway Cambridge ON listed at $449,900 (MLS# X13177134) - Main View
Price Change
For Sale
Added:May 26, 2026(106 days ago)
Updated:Aug 17, 2026(23 days ago)
Last Checked:19 minutes ago

Property Highlights

Welcome to this remarkable 1 Storey/Apt 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 $449,900 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 1400-1599 sqft
  • 1.0 total parking spaces available
  • Notable attributes: None
  • equipped with other central cooling and highly efficient heat pump heating via electric

Description

Tucked into a quiet, well maintained building, this beautifully updated main floor condo offers nearly 1,500 sq ft of easy, low maintenance living. Fully and professionally redesigned, Unit 101 blends modern finishes with a functional layout designed for comfort and simplicity. A bright, thoughtfully designed kitchen anchors the home, featuring quartz countertops, tiled backsplash, modern appliances, designer lighting, and an island perfect for everyday living and casual entertaining. The open concept living and dining areas are filled with natural light from expansive windows, creating a warm and inviting atmosphere throughout. Thoughtful finishes continue across the home, including wide plank flooring, upgraded trim, craftsman style doors, shiplap accents, and warm adjustable lighting. The spacious primary bedroom offers a peaceful retreat with a spa inspired ensuite, while both bathrooms feature beautifully updated tile work and built in storage niches. Additional features include custom closet systems in every bedroom, a dedicated pantry space, in suite laundry, extra-wide doorways, and abundant storage throughout, all contributing to the home's exceptional functionality and ease of living. Ideally located close to Highway 401, Conestoga College, shopping, transit, restaurants, and walking trails, this home offers everyday convenience while maintaining a calm and private feel inside. Residents also enjoy secure entry, a fitness room, and a party room within the building. Stylish, move in ready, and designed for effortless living, Unit 101 is an ideal opportunity for buyers seeking comfort, convenience, and turnkey condo living.

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Property Summary

This condo apartment located at 688 Preston Parkway, Cambridge is currently for sale and has been available on SousaSells for 106 days. This property is listed at $449,900 with an estimated mortgage of $1,498* per month. It has 3 beds, 2 bathrooms, and is 1400-1599 square feet. 688 Preston Parkway, Cambridge

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Cambridge.

Highly Recommended for Families
What We Love About This Home
  • •3 spacious bedroom layout offering versatile living space
  • •2 well-appointed bathrooms
  • •1400-1599 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Cambridge.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1400-1599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusPrice Change
Price$449,900
Maintenance Fee$603.65/mo
AddedMay 26, 2026 (106 days ago)
UpdatedAug 17, 2026 (23 days ago)
Last Checked19 minutes ago
Transaction TypeFor Sale
List Office NameDEWAR REALTY INC.

Property Details

Property Sub-TypeCondo Apartment
Architectural Style1 Storey/Apt
ConstructionConcrete, Stucco (Plaster)
BasementNone
CountyWaterloo
Annual Tax$3,563.36
Rental ItemsNone

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
CoolingOther

Features

Property Features

None listed

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Property History

No historical data available for this property.

This could be the first listing for this address.

Frequently Asked Questions about 688 Preston Parkway, Unit 101, Cambridge, ON

Q.What is the asking price for 688 Preston Parkway, Unit 101, Cambridge, ON ?

The current listing price for 688 Preston Parkway, Unit 101, Cambridge, ON in Cambridge is $449,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 2 bathrooms across approximately 1400-1599 sqft.

Q.What property type and architectural style is 688 Preston Parkway, Unit 101, Cambridge, ON ?

688 Preston Parkway, Unit 101, Cambridge, ON is a Condo Apartment (1 Storey/Apt) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Other.

Location

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688 Preston Parkway, Unit 101, Cambridge, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Cambridge, Cambridge

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–¼ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Pricing & Value Insights

Data-driven valuation for 688 Preston Parkway 101, Cambridge, ON N3H 5K6

Estimated Sales Range
$427,000 - $441,000

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cambridge.

Configure Loan Settings

Interest Rate4.00%
Down Payment$134,970 (30.0%)
* Minimum Canadian down payment required for this price is $22,495.
Amortization Period30 Years
Estimated Monthly Payment$1,498Based on a loan of $314,930 over 30 years.
Purchase Price$449,900
Loan Amount$314,930
Provincial Land Transfer Tax:$5,473
Total Estimated Closing Taxes:$5,473

About Purchasing a Home in Cambridge, ON

For a property listed at $449,900 in Cambridge, the legal minimum down payment is $22,495 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,473 for this transaction. As this listing is in Cambridge (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,473.

Cambridge 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$1,232,213

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%

Best Schools in Cambridge

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
St Peter
Public92 Avenue Road, Cambridge, Ontario, N1R 1C1
5.6
Christ The King
Public70 Acorn Way, Cambridge, Ontario, N1R 8M5
3.1
Blue Heron
Public749 Grand Valley Drive, Preston, Cambridge, Ontario, N3H 2S3
5.3

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

Cambridge Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.

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