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Cambridge · Preston South · Detached · MLS# 40832942

565 FOUNTAIN Street S

$1,299,999

3

bed

3

bath

2,773

sqft

1978

built

Detached · $469/sqft

Listed May 26, 2026

About this home.

Space, setting, and a sense of privacy—this home brings all three together in a way that’s hard to replicate. Set on a deep lot backing onto greenspace, this custom-built bungalow with 3-bedroom, 3-bathroom offers a quiet, natural backdrop while being just minutes from Highway 401. Inside, over 2,500 sq. ft. above grade unfolds through generous principal rooms, high ceilings, and large windows that bring in natural light throughout the day. The layout is both functional and inviting, with multiple walkouts leading to expansive decks that extend the living space outdoors. The lower level adds another dimension to the home, featuring an indoor pool and flexible living areas that can adapt to a variety of needs—whether for entertaining, relaxation, or creating a more personalized retreat. What truly sets this property apart is the setting. It offers a different pace and feel than many newer neighbourhoods—more established, more private, and more connected to its surroundings. For those looking for a home that offers both space and a distinctive environment, this is one best experienced in person. (id:59491)

The full record.

Property typeDetached
Year built1978
Square footage2,773 sqft
Lot size0.372 acres
Bedrooms3
Bathrooms3
HeatingForced air,, ,Natural gas
CoolingCentral air conditioning
ExteriorWood frame
ListedMay 26, 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
%($260,000)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$5,953

Principal$1,039,999
Total interest$745,951
Total paid$1,785,950

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

565 FOUNTAIN Street S, Cambridge — $1,299,999 | Basara