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Basara.

Cambridge · Preston South · Detached · MLS# 40836933

1023 ROSE Street

$874,000

3

bed

3

bath

2,113

sqft

1958

built

Detached · $414/sqft

Listed June 11, 2026

About this home.

Beautifully updated and very well-maintained bungalow with large garage/workshop (with 2 piece bath, sink, office and hoist) in desirable South Preston, offering plenty of character, charm, and functionality. This inviting home features 3 bedrooms, 2 bathrooms, a large dining room, and a spacious family room with an exposed beam that adds warmth and character to the space. The fully finished basement provides even more living area, complete with a cozy wood-burning fireplace and a 3-piece bathroom. Outside, enjoy a large fenced yard with lovely landscaping and a covered deck, perfect for relaxing or entertaining. A major highlight of this property is the impressive detached garage/workshop, offering over 700 sq. ft. of versatile space, complete with an office and 2-piece bathroom. Ideal for hobbyists, car enthusiasts, contractors, or anyone needing exceptional workspace or storage. The hoist is negotiable. Located close to the river, parks, and downtown Preston, this home offers a rare combination of character, convenience, and incredible bonus workshop space in a great neighbourhood. (id:59491)

The full record.

Property typeDetached
Year built1958
Square footage2,113 sqft
Lot size0
Bedrooms3
Bathrooms3
HeatingForced air,, ,Natural gas
CoolingCentral air conditioning
ListedJune 11, 2026

How this listing prices against Preston South.

4

Sales

$672,500

Median price

18

Days on market

96.0%

% of list

19

Active listings

N/A

Months supply

Preston South had 2 sales and 12 active listings, so inventory is running well ahead of completed deals. The average sale price was $620,000, below the Cambridge average, and the homes that did sell moved quickly at 8 days on market. The sale-to-list figure is incomplete here, so pricing pressure is harder to measure, but the larger listing count suggests buyers still have leverage overall. This is a neighbourhood where some properties are finding buyers fast, but turnover remains light.

Read the full Cambridgereport →

Estimate the monthly carry.

Down payment
%($174,800)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$4,002

Principal$699,200
Total interest$501,509
Total paid$1,200,709

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

1023 ROSE Street, Cambridge — $874,000 | Basara