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$470K · 3 bed Condo Apartment · Unit 101, 688 Preston Parkway, Cambridge, Ontario N3H 5K6 | HomeSearchCanada

$469,900

Unit 101

58 DOM

3258d

Map

DOM 58

↓ $55K

$469,900

↓ $55K

DOM58days

Unit 101

688 Preston Parkway · Cambridge · Ontario N3H 5K6

MLS® X13177134 · N3H 5K6

32OwnerOccupied1400-1599 ft²Condo ApartmentNoneNo basement58d$313/ft²$3,563 tax/yrBuilt 198541 yrs oldNo basement

58 days on market

About this home

Tucked into a quiet, well maintained building, this beautifully updated main floor condo offers nearly 1,500 sq ft of easy, low maintenance living. Fully and professionally redesigned, Unit 101 blends modern finishes with a functional layout designed for comfort and simplicity. A bright, thoughtfully designed kitchen anchors the home, featuring quartz countertops, tiled backsplash, modern appliances, designer lighting, and an island perfect for everyday living and casual entertaining. The open c…

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Property details

MLS#: X13177134
Status: Buy Now
Property class: Residential Condo & Other
Beds: 3
Baths: 2 full, 0 half
Rooms: 11
Kitchens: 1
Size: 1400-1599Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: 1 Storey/Apt
Type: Condo Apartment
Year built: 1985

Occupancy: Owner Occupied
Washrooms: 4 pc
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Zoning: RM3

Roof: Tar and Gravel

Condo corp #: 259
Balcony: Terrace
Locker: None
Association amenities: Game Room, Exercise Room, Elevator, Party Room/Meeting Room, Visitor Parking
Fees include: Water Included, Building Insurance Included, Common Elements Included, Parking Included
Pets: No

Garage: None
Garage spaces: 0
Parking: 1 total
Heating: Heat Pump
Heating fuel: Electric
Cooling: Other
Fireplaces: —
Waterfront: No
Exterior: Concrete, Stucco (Plaster)
Fronting on: —
Cross street: Shantz Hill
Stories: 1
Utilities: —
Laundry: In-Suite Laundry, Laundry Closet
Interior: None
Parking features: Surface, Reserved/Assigned

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

↓ $55KPrice reduction

MLS shows the seller reduced the asking price by $55,000 (from $524,900 to $469,900).

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: DEWAR REALTY INC.

Source: TRREB/PROPTX · MLS® X13177134

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$470K

Unit 101 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $469,900✓ $3,563 tax✓ Electric✓ 1400-1599 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,328/mo

incl. closing costs (yr 1)

Annual total

$51,931

year 1

Mortgage only

$1,783/mo

principal + interest

Beyond mortgage

$1,597/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$93,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$297/mo

Utilities

Hydro / electricity$75/mo

≈ $0.13/ft² × ~1,500 ft² · incl. electric heat

Heat$0/mo

Electric heat — no gas service · see hydro

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,699/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$50/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$5,873

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)41% $21,392/yr

Property taxes18% $9,436/yr

Utilities5% $2,460/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,699/yr

Condo fees14% $7,244/yr

Closing costs10% $5,100/yr

Mortgage is 41% of your true cost of ownership. The other 59% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$21,392	$1,783/mo
Government & taxes
Property tax	$3,563	$297/mo
Land transfer tax(closing)	$5,873	$489/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,699	$392/mo
Condo fees
Condo / HOA fees	$7,244	$604/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$51,931	$4,328/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 101

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs