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Basara.

Cambridge · Preston Heights · Townhouse · MLS# 40831459

688 PRESTON Parkway Unit# 101

$524,900

3

bed

2

bath

1,500

sqft

1990

built

Townhouse · $350/sqft

Listed May 26, 2026

About this home.

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. (id:59491)

The full record.

Property typeTownhouse
Year built1990
Square footage1,500 sqft
Lot size0
Bedrooms3
Bathrooms2
Heating,Heat Pump, Electric,
ListedMay 26, 2026

How this listing prices against Preston Heights.

5

Sales

$558,000

Median price

14

Days on market

95.3%

% of list

13

Active listings

N/A

Months supply

Preston Heights recorded 4 sales and 17 active listings, which leaves this neighbourhood with more supply than recent deal flow. The average sale price was $495,750, one of the lower neighbourhood averages in Cambridge, and homes sold in 15.25 days at 98.28% of list. That combination points to active demand at the lower end of the market, even with ample choice available. Both freehold and condo sales occurred, giving the area a broader affordability profile than many Cambridge neighbourhoods.

Read the full Cambridgereport →

Estimate the monthly carry.

Down payment
%($104,980)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$2,404

Principal$419,920
Total interest$301,192
Total paid$721,112

Estimate only. Excludes property tax, condo fees, and insurance.

Questions on this property?

Neso Basara

RE/MAX Icon Realty

Waterloo Region

Use the chat button to message me directly.

Or email me at neso@basara.ca

688 PRESTON Parkway Unit# 101, Cambridge — $524,900 | Basara