688 Preston Parkway 401

Cambridge, N3H 5K6 · More in this building

$449,000

Reduced $40,000 from $489,000

3 bedrooms
2 bathrooms
1 parking
1200-1399 sq ft

Listed 96 days ago · MLS® X13572482

About this home

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.

Details

Type: Condo Apartment
Style: Apartment
Size: 1200-1399 sq ft
Basement: None
Garage: None
Kitchens: 1
Property tax: $3,219 (2025)
Maintenance fee: $760/month
Municipality: Cambridge
Price per sq ft: $346 (32% below condo apartments in Cambridge, $505)
Fee per sq ft: $0.58/month

Interior

Bedrooms: 3 above ground
Bathrooms: 2 × 4-piece
Rooms: 6 above ground
Family room or den: No
Fireplace: No
Laundry: In-Suite Laundry, Laundry Closet, Ensuite
Features: Carpet Free, Water Heater

Heating, cooling and services

Heating: Heat Pump, Electric

Building and exterior

Style: Apartment
Exterior: Concrete, Stucco (Plaster)

Parking

Total parking: 1
Driveway and parking: Surface, Reserved/Assigned

Condo

Monthly fee: $760
Fee includes: Building Insurance Included, Common Elements Included, Parking Included, Water Included
Balcony: Terrace
Exposure: East
Pets: Yes-with Restrictions
Property manager: Condo Management Corporation

Possession: TBD
Cross street: Shantz Hill to Preston Parkway

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Car-dependent

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: no grocery stores, 1 cafés and restaurants, 3 parks. Nearest park: Linden Drive Park (500 m).

Schools nearby

Elementary

Parkway Public School
EQAO: Gr 6 reading 96%, math 59%9 min walk
St. Joseph Catholic Elementary School Catholic
EQAO: Gr 6 reading 90%, math 70%14 min walk
Preston Public School
EQAO: Gr 6 reading 82%, math 41%1.8 km
Grand View Public School
EQAO: Gr 6 reading 87%, math 39%1.8 km

Secondary

Preston High School
EQAO: Gr 9 math 67%, literacy test 77%14 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N3H

Owners / renters: 62% / 38%
Median household income: $82,000
Average age: 42
Children under 15: 15%
Homes: 51% detached, 8% high-rise
Commute by transit: 5%
Population: 24,306

Languages spoken most at home besides English: Punjabi (Panjabi) 2.3%, Urdu 1%, Gujarati 0.7%, Portuguese 0.7%.

Safety

Crime Severity Index for Waterloo Region (Kitchener) police: 67 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Kitchener: 11 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE PLATINUM REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.