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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Cambridge
  • 54 - Preston Heights
  • 688 Preston Parkway
688-preston-parkway-cambridge-ontario-40745115
688-preston-parkway-cambridge-ontario-40745115
688-preston-parkway-cambridge-ontario-40745115
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  • Sold Sold in Sep 2025
  • Condo Apt

306 - 688 Preston Parkway

Cambridge, 54 - Preston Heights
  • 2 Bedrooms
  • 1 Bathrooms
  • 0 Garage
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Sold Price: $ 350,000
Listed Price: $ 349,900
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Key Facts About 306 - 688 Preston Parkway, Cambridge

  • Tax $2,553 / 2024
  • Property Type Residential
  • Building Type Condo/Apt Unit
  • Building Style 1 Storey/Apt
  • Property Attached Attached
  • Maintenance Fees $568.78
  • Building Age 1990
  • Size 1151 feet²
  • Parking 0 garage, 1 parking
  • Listing # 40745115
  • Data Source ITSO
  • Days on Market 61
  • Listed On 02/07/2025
  • Updated On 30/10/2025
  • Market Demand
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Description

Just minutes to the 401, Conestoga College, shopping, trails, and parks, this spacious 2-bedroom condo offers 1,150 sq. ft. of comfortable living in one of Cambridge’s most desirable buildings. Inside, you’ll find a roomy layout with a large front foyer, separate dining and living areas, large storage and utility room, and sliding doors that lead to your own private balcony—perfect for enjoying a morning coffee while looking out over the greenspace. Both bedrooms are a great size, and there's the added bonus of in-suite laundry for your conveni

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Property Details of 306 - 688 Preston Parkway, Cambridge

Property

  • Property Type Condo Apt, Attached
  • Style 1 Storey/Apt
  • Fronting On West
  • Community 54 - Preston Heights
  • Municipality Cambridge

Inside

  • Bedrooms 2
  • Bathrooms 1
  • Kitchen 1
  • Rooms 6
  • Fireplace Y
  • Appliances Water Softener, Dryer, Refrigerator, Stove, Washer
  • Appliances Included Dryer,Refrigerator,Stove,Washer,Window Coverings

Utilities

  • Water Municipal
  • Cooling Wall Unit(s)
  • Heating Type Baseboard, Electric, Forced Air

Building

  • Size 1151 feet²
  • Architecture Style 1 Storey/Apt
  • Exterior Feature Controlled Entry
  • Roof Flat
  • Construction Stucco
  • Amenities Elevator(s), Fitness Center, Library, Party Room, Parking
  • Building Age 1990

Parking

  • Drive Way Private Drive Single Wide
  • Garage Type Exclusive, Unassigned, Other
  • Garage 0
  • Parking Places 1
  • Total Parking Places 1

Land

  • Zoning RM3
  • Acreage < 0.5

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Our Estimate

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Estimated Rent

$ 2,194

Rental Yield

5.74%

School Score

7/10

Rental Score

4.5/5

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Rooms

Dining Room (3.89X2.49 metre)
Level: Main
Living Room (6.2X3.4 metre)
Level: Main
Bedroom (3.66X3.2 metre)
Level: Main
Bathroom
Level: Main
Bedroom Primary (4.7X3.51 metre)
Level: Main
Kitchen (2.16X2.29 metre)
Level: Main

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,138

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $569
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Data is provided courtesy of ITSO © 2021 ITSO ( https://www.itsosystems.ca ) The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information deemed reliable but not guaranteed.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 306 - 688 Preston Parkway, Cambridge

It is a 2 bedroom, 1 bathroom, Condo/Apt Unit property located at 54 - Preston Heights. It is a 1 Storey/Apt building, facing West. This Condo/Apt Unit house in Cambridge has Dining Room,Living Room,Bedroom,Bathroom,Bedroom Primary,Kitchen in main level. Baseboard, Electric, Forced Air heating systems are used in heating/cooling systems for 688 Preston Parkway, Cambridge. This property which is located in Preston Parkway does not have a pool. This property located in 15 - Preston have a fire place. This 2 bedrooms Condo/Apt Unit property in Cambridge has following amenities, Elevator(s), Fitness Center, Library, Party Room, Parking.

FAQs About 306 - 688 Preston Parkway, Cambridge

How many bathrooms does this property have?

This property features 1 bathroom(s) and 2 bedroom(s).

Does this 2 bedroom property have additional bedrooms or a den?

This Condo Apt property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 2 bed property in Cambridge is 1151.

How many parking spaces are available with this property?

688 Preston Parkway boasts 1 convenient parking spaces.

How many cars can be parked in the garage of 688 Preston Parkway?

This property does not feature a garage.

What type of garage does this property have?

This property includes an Exclusive, Unassigned, Other garage with space for 0 cars.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

A fireplace is available in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $568.78.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Baseboard, Electric, Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 306 - 688 Preston Parkway, Cambridge

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Listing History

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