Unknown for 688 Preston Pky #702, Cambridge Ontario N3H 5K6
5 days on Market

688 Preston Pky #702, Cambridge, Ontario N3H 5K6

In the same building:
-
Condo
3
2
~1395 sqft
$449,900
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Condo
3
2
~1395 sqft

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Highlights

Property Estimate

Days on market5 days

Estimated valueNot available

Price/Sqft$322/sqft

Monthly cost

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Description

RARE Offering! Spacious 7th floor 3 bedroom, 2 full bath, 2 car parking corner condo with view of Grand River from the 147 sq. ft. covered balcony. Located in a quiet building close to the 401, Conestoga College, shopping and trails on bus route. Building features workout room, party room, secure entrance, indoor bike storage with no pets and no smoking regulations. All three large bedrooms by any measure are unique on the market for condo living. The primary bedroom suite features large windows, walk in closet, with separate heating, private updated 4 piece ensuite bath with tiled heated floor with shower stall and storage. Corner bedroom could be used as a media room, bedroom or home office with large corner windows for city view. Open concept kitchen, dining room and living room feature laminate flooring in kitchen, island with high efficiency appliances overlooking patio doors to balcony and electric fireplace. Dining and living room are broadloomed carpeted with textured ceiling. The condo unit features exclusive in suite carbon water filter for all water and filtered tap water in kitchen. In suite seperate storage room is great for use as a pantry off kitchen for additional kitchen cabinet space. Large balcony is covered and open with expansive views over open space and the meandering Grand River. Two deeded parking spaces is a huge bonus and can be rented out. Monthly costs including utilities, condo fees, 2 car parking and property taxes currently total $1,290.00. Upgrades include kitchen, ensuite bath, flooring, patio door, filtration system, common areas, parking surface. The updated heat pumps are great for zone heating and all bedrooms and bathrooms have seperate heat controls. This is wonderful opportunity for those hoping to downsize or tenants looking for more room and ownership.


Property Details

Style1 Storey/Apt
ViewCity, River, Trees/Woods
Age of property-
SqFt~1395 SqFt
Lot Size128,247 SqFt(406.45 x 315.53)
Parking Spaces2
MLS ®Number40817108
Community NamePreston Heights
Data SourceITSO
Listing byRE/MAX TWIN CITY REALTY INC.

Features

Heating: Baseboard, Electric, Heat Pump
Cooling: Ductless

Main Floor

Storage

1.78 x 1.27

Bathroom

1.47 x 2.39

4-Piece

Kitchen

2.31 x 3.48

Dining Room

3.68 x 2.67


Features

Lot size: 128,247 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Amenities

Elevator(s), Fitness Center, Party Room, Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Apr 2, 2026
ListedActive
$449,900
5 days on market
history photo preview47
Listing by itso®
Property listed by RE/MAX TWIN CITY REALTY INC., Brokerage
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Market Data - Preston Heights

Geo Zone Map ThumbnailPreston Heights

Strong Seller's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2025

103 days

2024

28 days

2023

26 days

New Listings

Past 30 days

2 listings

Compared to

2025

0 listing

2024

5 listings

2023

2 listings

Units sold

Past 30 days

0 unit

Compared to

2025

1 unit

2024

2 units

2023

3 units

Median Sold Price

Past 30 days

$0

Compared to

2025

$420,000

2024

$472,500

2023

$460,000


Population and Demographics

Overview

Total population 3297
Average household income $107,805

Age (%)

0 to 19
24%
20 to 34
27%
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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget