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For saleMLS® X13884100

118 Old Mill Road, Cambridge, ON N3H 4R8

Preston · N3H 4R8

$1,799,000

$900 / sq ft

3 weeks on market

Bedrooms
5
Bathrooms
3
Interior
2,000 sf
Parking
12
Lot
110.98 × 297.75 ft
Age
16-30 years

What's special

  • Attached garage
  • Central air
  • Separate entrance
  • 4 fireplaces
  • Erv/hrv
  • In-law capability
  • Primary bedroom - main floor

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About this property

Set on an impressive 0.76-acre property in historic Blair, this custom stone bungalow offers a rare combination of architectural character, generous living space and beautifully landscaped grounds. With over 4,200 sq. ft. of finished living space, the home is designed for both comfortable everyday living and memorable entertaining. 12-foot ceilings, Brazilian cherry hardwood flooring and a vaulted Great Room create an elegant open atmosphere. The chef-inspired kitchen features stone surfaces, a walk-in pantry and a dedicated wine bar, while four fireplaces add warmth and character throughout the home. Professionally landscaped grounds create a private outdoor retreat, complete with tiered flagstone patios, a custom cedar pergola, perennial gardens and an in-ground irrigation system. Fully fenced, the backyard offers an inviting setting for quiet mornings, summer gatherings and evenings spent entertaining outdoors. The finished lower level, with a separate entrance from the garage, extends the home's versatility with a spacious recreation area, full wet bar and room for a home gym, hobbies or additional living space. Five bedrooms and three bathrooms offer flexibility for families, guests and evolving lifestyle needs. Notable updates include a heat recovery ventilator (2022), custom California Closet in the primary bedroom (2021) and a comprehensive water filtration system. Enjoy the character of historic Blair with convenient access to Highway 401 and the amenities of Cambridge and the surrounding region. A distinctive property offering generous proportions, exceptional outdoor space and room to make it your own.

Rooms

14 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
BathroomMain2.48 × 2.46 m8.1 × 8.1 ft4 Pc Bath
BathroomMain2.69 × 3.02 m8.8 × 9.9 ft4 Pc Ensuite
BedroomMain4.07 × 4.36 m13.4 × 14.3 ft—
Dining RoomMain5.58 × 4.04 m18.3 × 13.3 ft—
KitchenMain5.56 × 4.52 m18.2 × 14.8 ft—
LaundryMain2.43 × 2.46 m8.0 × 8.1 ft—
Living RoomMain6.60 × 5.46 m21.7 × 17.9 ft—
Bedroom 2Main3.40 × 3.53 m11.2 × 11.6 ft—
Bedroom 3Main8.44 × 4.13 m27.7 × 13.5 ft—
BathroomBasement3.38 × 2.12 m11.1 × 7.0 ft4 Pc Bath
Bedroom 4Basement5.47 × 3.82 m17.9 × 12.5 ft—
Bedroom 5Basement3.04 × 3.96 m10.0 × 13.0 ft—
DenBasement3.52 × 4.12 m11.5 × 13.5 ft—
RecreationBasement8.82 × 13.33 m28.9 × 43.7 ft—

Features

  • ERV/HRV
  • In-Law Capability
  • Primary Bedroom - Main Floor

Property details

Property

Property type
detached
Bedrooms
5
Bathrooms
3
Interior size
2,000 sq ft
Year built
16-30
Lot size
110.98 × 297.75 ft
Zoning
RR
Possession
Flexible

Interior

Basement
Separate Entrance, Finished
Heating
Forced Air · Electric
Cooling
Central Air
Fireplaces
4
Exposure
West

Exterior & services

Construction
Stone, Stucco (Plaster)
Garage
Attached
Parking spaces
12
Water
Iron/Mineral Filter,Drilled Well,Reverse Osmosis
Sewer
Septic

Costs

List price
$1,799,000
Property taxes
$11,333 / year (2025)
Price per sq ft
$900
Rental items
Hot Water Heater

Listing

MLS® number
X13884100
Status
For sale
Listed
October 10, 2026
Days on market
26
Last updated
October 10, 2026
Listing brokerage
ROYAL LEPAGE WOLLE 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 above most comparable listings — about 92% of comparable detached listings in Preston are asking less.

$500KMedian $660K$1.16M
This home
$900 / sq ft
Comparable median
$618 / sq ft

Based on 25 comparable active detached listings in Preston. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $359,800
$359,800
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$7,957.58
Property tax (est.)
$944.39
Estimated monthly
$8,902

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
$32,455
Total due on closing
$32,455

An estimate on the asking price of $1,799,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ROYAL LEPAGE WOLLE 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.

$1,799,000

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