555 FOUNTAIN Street S

About this home.

Some homes check boxes. This one rewrites the list entirely. Set on a rare 0.4-acre lot in one of Cambridge's most sought-after pockets, this stunning 2,000 sq ft bungalow delivers the space, privacy, and lifestyle that most buyers spend years searching for — without sacrificing a single convenience. From the moment you step inside, the brand new open-concept kitchen commands attention — flowing seamlessly into the living area with views straight through to the backyard and pool. Open, bright, and effortlessly connected to the backyard — it's the heart of the home, and it feels like it. The main floor hosts three generous bedrooms, including a primary suite with a private ensuite, and a uniquely designed 4-piece bathroom that brings a custom touch rarely found at this price point. Step outside and the lot speaks for itself. An inground pool, expansive green space, and a backyard built for both entertaining and unwinding — with seasonal views of the Speed River visible from the back porch when the leaves come down. On a summer night, it's your own private resort. In winter, it opens up into something truly special. Downstairs, the lower level is an entertainer's dream — a rec room complete with a bar, pool table, hidden wine cellar, and a private indoor sauna. A large bonus room with views over the backyard and pool area rounds out the lower level, ideal as a home office, guest suite, or a space that simply adapts to your life. The double car garage and driveway parking for 5+ vehicles means there's room for everyone and everything. And the location? Two minutes to the 401, Costco nearby, and all the the conveniences of the city — yet the moment you pull into this driveway, you'd never know it. This is Waterloo Region living at its absolute finest. (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.