530 FOUNTAIN Street S

About this home.

Welcome to 530 Fountain Street South, Cambridge: a beautifully maintained custom-built raised bungalow situated in a highly desirable, family-friendly neighbourhood known for its mature surroundings and easy access to major amenities. This impressive detached home offers excellent curb appeal with 3-car parking (1 garage + 2 driveway spaces) and sits on a generous 75 x 107 ft lot, providing plenty of outdoor space for families. Step inside to a bright, open-concept, carpet-free interior that immediately feels welcoming. The main level is thoughtfully designed highlighted by a spacious living room featuring a cozy fireplace. Large, oversized windows throughout the home allow for an abundance of natural light, enhancing the warm and airy atmosphere. The main floor features 3 well-sized bedrooms, including a primary bedroom with a private ensuite bathroom. The additional bedrooms are served by a well-appointed 4pc main bathroom. The fully finished lower level is a major highlight, offering exceptional versatility with a separate entrance and construction completed as per legal code standards. This space includes an additional bedroom, a full bathroom and a large recreation room, making it ideal for an in-law suite or strong potential for future rental income. Outside, enjoy a private backyard oasis with no rear neighbours. The outdoor space includes a patio area, open green space for children or pets and a storage shed for added convenience. This home has been well cared for and thoughtfully upgraded, including a brand new furnace (2025) and air conditioner (2024). Ideally located just minutes from Highway 401, Conestoga College, public transit, schools, parks and major shopping destinations including Costco Kitchener, this property offers unmatched accessibility and everyday convenience. Whether you're a growing family, multi-generational household, or investor, this home delivers one complete package. Don’t miss your chance, Book your private showing today! (id:59491)

The full record.

How this listing prices against Preston South.

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.

Estimate the monthly carry.