401 - 688 Preston Parkway, Cambridge, ON N3H 5K6
Cambridge · Near Shantz Hill to Preston Parkway · View map
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.
The home
- Type
- Condo apartment
- Style
- Apartment
- Square footage
- 1200-1399 sq ft
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 6
- Basement
- None
- Faces
- East
- Level
- 4
- Balcony
- Terrace
- Laundry
- In-Suite Laundry, Laundry Closet
Ownership & fees
- Ownership
- Condominium
- Maintenance fee
- $759.87/mo
- Fee includes
- Building Insurance, Common Elements, Parking, Water
- Complex
- WCC 259
- Property management
- Condo Management Corporation
- Pets
- Allowed, with restrictions
- Exterior
- Concrete, Stucco (Plaster)
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Heat Pump
- Fireplace
- No
Garage & parking
- Total parking
- 1
- Parking features
- Surface, Reserved/Assigned
Taxes & other
- Property taxes
- $3,219/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- TBD
- Cross street
- Shantz Hill to Preston Parkway
More
- Price per sq ft
- ~$345 (at 1,300 sq ft)
- MLS® number
- X13572482
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The home and its surroundings
- Carpet Free
- Water Heater
Included in the maintenance fee
- Building Insurance
- Common Elements
- Parking
- Water
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
688 Preston Parkway, Cambridge, ON N3H 5K6
Cambridge · Near Shantz Hill to Preston Parkway
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Listing history for 688 Preston Parkway
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 401 - 688 Preston Parkway
Answers come straight from this home’s MLS® listing.
How much is 401 - 688 Preston Parkway listed for, and what would it cost each month?
401 - 688 Preston Parkway is listed for $449,000. With 20% down ($89,800), the mortgage payment would be roughly $1,811 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $2,839 a month, all in. That figure is an illustration, not a quote.
Is 401 - 688 Preston Parkway freehold or a condo, and is there a monthly fee?
401 - 688 Preston Parkway is a condo apartment in Cambridge. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $759.87 a month. The listing says it covers building insurance, common elements, parking, water. Fees can change, so confirm the current amount in the status certificate.
How many bedrooms and bathrooms does 401 - 688 Preston Parkway have?
401 - 688 Preston Parkway has 3 bedrooms and 2 bathrooms.
Does 401 - 688 Preston Parkway have a garage and parking?
The listing does not show a garage. In total the listing counts 1 parking space.
Does 401 - 688 Preston Parkway have a finished basement?
No. The listing shows no basement for this home.
What style of home is 401 - 688 Preston Parkway?
401 - 688 Preston Parkway is a condo apartment. A condo is a unit you own in a building or complex, with the common areas shared and paid for through a monthly fee.
How big is 401 - 688 Preston Parkway?
The listing puts the home between 1,200 and 1,399 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 401 - 688 Preston Parkway heated and cooled?
Heating is heat pump (electric). The listing does not show air conditioning.
What are the property taxes for 401 - 688 Preston Parkway?
Property taxes are $3,219 a year (2025), or about $268 a month.
Are pets allowed at 401 - 688 Preston Parkway?
Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.
Where is 401 - 688 Preston Parkway?
401 - 688 Preston Parkway is in Cambridge. The nearest main intersection is Shantz Hill to Preston Parkway. The postal code is N3H 5K6.
Is 401 - 688 Preston Parkway still for sale?
Yes. It is an active listing (MLS® X13572482). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 401 - 688 Preston Parkway asking?
Similar properties for sale nearby right now include 28 - 375 Holiday Inn Drive at $499,000 (3 bed), 402 - 408 Dundas Street S at $434,900 (2 bed) and 210 - 408 Dundas Street S at $399,800 (2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 688 Preston Parkway sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 401 - 688 Preston Parkway?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Cambridge, picked by style, size and price.
Common element condo$499,00028 - 375 Holiday Inn Drive, Cambridge3 bed · 2 bathCourtesy of: CORCORAN HORIZON REALTYView home →
Condo apartment$434,900402 - 408 Dundas Street S, Cambridge2 bed · 2 bathCourtesy of: Sotheby's International Realty Canada, BrokerageView home →
Condo apartment$399,800210 - 408 Dundas Street S, Cambridge2 bed · 2 bathCourtesy of: Sotheby's International Realty Canada, BrokerageView home →Courtesy of: ROYAL LEPAGE PLATINUM REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.