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Basara.

Cambridge · Preston South · Detached · MLS# 40845222

565 FOUNTAIN Street S

$1,199,999

3

bed

3

bath

2,773

sqft

1978

built

Detached · $433/sqft

Listed July 7, 2026

About this home.

Space, setting, and a sense of privacy—this home brings all three together in a way that’s increasingly hard to find. Set on a deep lot backing onto greenspace, this custom-built 3-bedroom, 3-bathroom bungalow offers a peaceful, natural backdrop just minutes from Highway 401. Inside, over 2,500 sq. ft. above grade is thoughtfully laid out with generous principal rooms, high ceilings, and large windows that fill the home with natural light. The design balances everyday comfort with functionality, while multiple walkouts lead to expansive decks that seamlessly extend the living space outdoors. The lower level introduces a standout feature—an updated indoor pool and pool room, complete with its own dedicated heating and cooling system and commercial-grade dehumidifier, allowing for comfortable, year-round enjoyment. Whether used for recreation, wellness, or entertaining, it creates a private space that sets this home apart from more conventional options. Beyond the home itself, the setting truly defines the experience. Surrounded by mature greenery with no rear neighbours, it offers a level of privacy and tranquility rarely found in many communities. For buyers seeking a home that combines space, character, and a unique lifestyle element, this property needs to be experienced in person to be fully appreciated. (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
ListedJuly 7, 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
%($240,000)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$5,495

Principal$959,999
Total interest$688,570
Total paid$1,648,569

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 — $1,199,999 | Basara