Preston HeightsHousing market

Preston Heights

Preston Heights Housing Market Report

Buyer's Market

All types - for the month of March

Buyer's market Seller's market

6

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

36

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

28 active

New

14(-26.32% YoY)

Relisted

1(-66.67% YoY)

Compared to number of active, same period, in 2024: 11, in 2023: 7, in 2022: 7

Total Sold Listings*

5 sold

Median Sold Price

$603,000

Avg Days on Market

36 days

Median Bidding

$3,001

Compared to number of sold, same period, in 2024: 8, in 2023: 7, in 2022: 17

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Preston Heights - All types

Sold vs Active vs New vs Relisted - Preston Heights - All types

Sold Price Distribution - Preston Heights - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Preston Heights - All types

Property type distribution based on data from the last 3 months.

Median Price - Preston Heights - All types

Just listed - Preston Heights

Unknown for 755 Linden Dr #61, Cambridge Ontario N3H 0E4

Re-listed 2 days ago

$•••,•••

Up to6K Cashback

755 Linden Dr #61, Cambridge

Condo221200-1399 sq ft

Listed by RE/MAX GOLD REALTY INC.

Home with brick exterior material, street for 395 Linden Dr #2, Cambridge Ontario N3H 0C8

Re-listed 7 days ago

$•••,•••

Up to4K Cashback

395 Linden Dr #2, Cambridge

Townhouse331500-2000 sq ft

Listed by RE/MAX Real Estate Centre Inc

Home with vinyl exterior material, street for 747 Parkview Cres, Cambridge Ontario N3H 5A1

9 days on market

Up to4K Cashback

747 Parkview Cres, Cambridge

Townhouse4+121100-1500 sq ft

Listed by RIGHT AT HOME REALTY

Standard kitchen, unknown for 513 Parkview Cres #4, Cambridge Ontario N3H 4Z9

11 days on market

Up to3K Cashback

513 Parkview Cres #4, Cambridge

Condo3+121000-1199 sq ft

Listed by HOMELIFE SUPERSTARS REAL ESTATE LIMITED

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 347 Cyrus St, Cambridge Ontario N3H 1H2

13 days on market

$•••,•••

Up to3K Cashback

347 Cyrus St, Cambridge

Semi-Detached321100-1500 sq ft

Listed by CORCORAN HORIZON REALTY

Home with brick exterior material, street for 755 Linden Dr #28, Cambridge Ontario N3H 0E4

20 days on market

Up to8K Cashback

755 Linden Dr #28, Cambridge

Townhouse331500-2000 sq ft

Listed by RE/MAX GOLD REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 420 Linden Dr #45, Cambridge Ontario N3H 5L5

Sold conditionally

$•••,•••

Up to6K Cashback

420 Linden Dr #45, Cambridge

Townhouse32+11288 sq ft

Listed by RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 387 Cyrus St, Cambridge Ontario N3H 1H2

Re-listed 37 days ago

$•••,•••

Up to3K Cashback

387 Cyrus St, Cambridge

Semi-Detached3+121100-1500 sq ft

Listed by RE/MAX REAL ESTATE CENTRE INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 268 River Forks Lane, Cambridge Ontario N3H 0B4

42 days on market

$•••,•••

Up to4K Cashback

268 River Forks Lane, Cambridge

Detached542500-3000 sq ft

Listed by ROYAL LEPAGE STATE REALTY

Home with brick exterior material, street for 740 Linden Dr #15, Cambridge Ontario N3H 0E3

Re-listed 45 days ago

$•••,•••

Up to4K Cashback

740 Linden Dr #15, Cambridge

Townhouse331500-2000 sq ft

Listed by KELLER WILLIAMS REFERRED URBAN REALTY

Just sold - Preston Heights

Unknown for 420 Linden Dr #37, Cambridge Ontario N3H 0C6

Sold 2 days ago

Sold for $605,000

$55K above asking

420 Linden Dr #37, Cambridge

Townhouse331500-2000 sq ft

Listed by EXP REALTY

Home with brick exterior material, street for 740 Linden Dr #6, Cambridge Ontario N3H 0E3

Sold 8 days ago

Sold for $733,000

$16K below asking

740 Linden Dr #6, Cambridge

Townhouse331500-2000 sq ft

Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.

Home with brick exterior material, street for 420 Linden Dr #9, Cambridge Ontario N3H 0C6

Sold 10 days ago

Sold for $670,000

$70K above asking

420 Linden Dr #9, Cambridge

Townhouse33- sq ft

Listed by COLDWELL BANKER IKC REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 458 Pinetree Cres, Cambridge Ontario N3H 4X5

Sold 15 days ago

Sold for $580,000

$30K above asking

458 Pinetree Cres, Cambridge

Detached32700-1100 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with vinyl exterior material, street for 539 Pinetree Cres, Cambridge Ontario N3H 4X4

Sold 18 days ago

Sold for $640,000

$20K below asking

539 Pinetree Cres, Cambridge

Detached331900 sq ft

Listed by Chestnut Park Realty Southwestern Ontario Limited

Unknown for 420 Linden Dr #17, Cambridge Ontario N3H 0C6

Sold 21 days ago

Sold for $585,000

$10K below asking

420 Linden Dr #17, Cambridge

Townhouse33< 700 sq ft

Listed by ROYAL LEPAGE YOUR COMMUNITY REALTY

Unknown for 755 Linden Dr #56, Cambridge Ontario N3H 0E4

Sold 22 days ago

Sold for $590,000

$40K above asking

755 Linden Dr #56, Cambridge

Townhouse32- sq ft

Listed by CENTURY 21 MILLENNIUM INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 420 Linden Dr #24, Cambridge Ontario N3H 0C6

Sold 35 days ago

Sold for $603,000

420 Linden Dr #24, Cambridge

Townhouse33- sq ft

Listed by ROYAL LEPAGE SUPERSTAR REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 420 Linden Dr #28, Cambridge Ontario N3H 0C6

Sold 37 days ago

Sold for $620,000

$9K below asking

420 Linden Dr #28, Cambridge

Condo331400-1599 sq ft

Listed by ROYAL LEPAGE SIGNATURE REALTY

A pic from exterior of the house or condo, the front or back of building for 237 King St #301, Cambridge Ontario N3H 5L2

Sold 40 days ago

Sold for $420,000

$20K above asking

237 King St #301, Cambridge

Condo22985 sq ft

Listed by Eaton Realty Inc., Brokerage

Population and Demographics

Overview

Total population 3297

Average household income $107,805

Age (%)

20 to 34

27%

0 to 19

24%

35 to 49

19%

50 to 64

16%

65 and plus

14%

Household composition (%)

Single family

70%

Single person

22%

Multi person

7%

Multi family

1%

Mother tongue (%)

English

76%

Punjabi (Panjabi)

7%

Urdu

3%

Gujarati

2%

Others

2%

Spanish

2%

French

1%

Portuguese

1%

Hindi

1%

House tenancy (%)

Owners

66%

Renters

34%

Top 1 School in Preston Heights

Parkway Public School436 Preston Pkwy, N3H 5C7, Cambridge, ON

5.8/10

Public•JK-6

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

2/5

Other transportation modes are needed to reach day-to-day needs

Transit Friendly

1/5

Few transit options

Shopping, Food and Nightlife

Cafes

1/5

Few or no cafés within walking distance

Groceries

1/5

No grocery stores within walking distance

Nightlife

1/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance