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For saleMLS® X13572482

688 Preston Parkway 401, Cambridge, ON N3H 5K6

Preston · N3H 5K6

$449,000

+ $760/mo maintenance$374 / sq ft

3 months on market

Bedrooms
3
Bathrooms
2
Interior
1,200 sf
Parking
1

What's special

  • 1 parking space
  • Terrace
  • East exposure
  • Pets with restrictions
  • Building insurance, Common elements, Parking included
  • Carpet free
  • Water heater

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About this property

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.

Features

  • Carpet Free
  • Water Heater

Property details

Property

Property type
condo apartment
Bedrooms
3
Bathrooms
2
Interior size
1,200 sq ft
Possession
TBD

Interior

Heating
Heat Pump · Electric
Cooling
Other
Exposure
East
Balcony
Terrace

Exterior & services

Construction
Concrete, Stucco (Plaster)
Parking spaces
1

Condominium

Corporation
259 WCC
Property manager
Condo Management Corporation
Pets
Yes-with Restrictions
Fee includes
Building Insurance Included, Common Elements Included, Parking Included, Water Included

Costs

List price
$449,000
Property taxes
$3,219 / year (2025)
Maintenance fee
$760 / month
Price per sq ft
$374

Listing

MLS® number
X13572482
Status
For sale
Listed
July 16, 2026
Days on market
112
Last updated
July 28, 2026
Listing brokerage
ROYAL LEPAGE PLATINUM REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 56% of comparable condo apartment listings in Cambridge are asking less.

$350KMedian $425K$635K
This home
$374 / sq ft
Comparable median
$544 / sq ft

Based on 39 comparable active condo apartment listings in Cambridge. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $22,450
$22,450
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,358.47
Property tax (est.)
$268.25
Maintenance fee
$759.87
Estimated monthly
$3,387

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$5,455
Total due on closing
$5,455

An estimate on the asking price of $449,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ROYAL LEPAGE PLATINUM REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$449,000

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