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$489K · 3 bed Condo Apartment · Unit 401, 688 Preston Parkway, Cambridge, Ontario N3H 5K6 | HomeSearchCanada

$489,000

Unit 401

51 DOM

3251d

Map

DOM 51

$489,000

DOM51days

Unit 401

688 Preston Parkway · Cambridge · Ontario N3H 5K6

MLS® X13572482 · N3H 5K6

32OwnerOccupied1200-1399 ft²Condo ApartmentNoneNo basement51d$376/ft²$3,219 tax/yrNo basement

51 days on market

About this home

Welcome to this spacious and well-maintained 3-bedroom, 2-bathroom corner unit offering comfort, functionality, and an abundance of natural light. This desirable layout features generous living and dining areas, a well-appointed kitchen with ample cabinetry, and a bright open-concept design ideal for everyday living and entertaining. The primary bedroom features a private ensuite complete with a separate jacuzzi tub and shower, creating the perfect space to relax and unwind. Two additional bedro…

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Property details

MLS#: X13572482
Status: Buy Now
Property class: Residential Condo & Other
Beds: 3
Baths: 2 full, 0 half
Rooms: 6
Kitchens: 1
Size: 1200-1399Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Condo Apartment
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

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

Condo corp #: 259
Balcony: Terrace
Locker: None
Fees include: Building Insurance Included, Common Elements Included, Parking Included, Water Included
Pets: Yes-with Restrictions

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 to Preston Parkway
Stories: 4
Utilities: —
Laundry: In-Suite Laundry, Laundry Closet
Interior: Carpet Free, Water Heater
Parking features: Surface, Reserved/Assigned

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: ROYAL LEPAGE PLATINUM REALTY

Source: TRREB/PROPTX · MLS® X13572482

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$489K

Unit 401 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $489,000✓ $3,219 tax✓ Electric✓ 1200-1399 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,575/mo

incl. closing costs (yr 1)

Annual total

$54,904

year 1

Mortgage only

$1,855/mo

principal + interest

Beyond mortgage

$1,741/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$97,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$268/mo

Utilities

Hydro / electricity$75/mo

≈ $0.13/ft² × ~1,300 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%$4,890/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)$63/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,255

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)41% $22,261/yr

Property taxes17% $9,474/yr

Utilities4% $2,460/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,890/yr

Condo fees17% $9,118/yr

Closing costs9% $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)	$22,261	$1,855/mo
Government & taxes
Property tax	$3,219	$268/mo
Land transfer tax(closing)	$6,255	$521/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%)	$4,890	$408/mo
Condo fees
Condo / HOA fees	$9,118	$760/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	$54,904	$4,575/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 401

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