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Price Change$489,000

401 - 688 Preston Parkway

, Cambridge

$449,000

Condo Apartment |
3 | 2 | 1 | 0
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 bedrooms provide flexibility for family, guests, or a home office. Enjoy the convenience of in-suite laundry, ample storage, and the added privacy and natural light that come with a corner unit. Ideally located close to Highway 401, shopping, restaurants, parks, walking trails, public transit, and Conestoga College, this home offers exceptional value in a convenient Cambridge location. Perfect for first-time buyers, families, downsizers, or investors seeking space, comfort, and convenience.

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Contact Angela directly.

agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$760
LockerNone
BalconyTerrace
ExposureEast
Parking TypeNone
Parking Spaces1
Parking FeaturesSurface, Reserved/Assigned
Property Tax$3,219
mls© NumberX13572482
Listed ByROYAL LEPAGE PLATINUM REALTY
Building Insurance Included
Common Elements Included
Parking Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,298
Property tax
$268
Heat allowance
$150
Condo fees, half counted
$380
Housing costs
$3,096 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $89,800
25-yr amortization

Income needed

$95,000

gross annual household income

Payment at 4%
$1,889 / mo
Cash down
$89,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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