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Preston

Preston, Cambridge, ON N3H 5K6

Preston is a condo building in the 54 - Preston Heights area of Cambridge, Ontario. It was built in 1990, has 40 residential units and stands 5 storeys tall.

54 - Preston Heights
Year Built
1990
Units
40
Floors
5
Building Type
Mid-rise apartment condo

Market Overview

Avg Sold Price
$570,000
Median Sold
$570,000
Price Range
$570,000 – $570,000
Avg $/SqFt
$380
Sales (2yr)
1
Active Listings
2
Avg List Price
$449,450
Avg Days on Market
82

Last sale: Feb 20, 2025

Condo Fees

Avg Monthly Fee
$648
Median Fee
$654
Avg $/SqFt
$0.52
Units w/ Fee Data
4
Fee IncludesWater and building insurance.

Building Features

ExteriorConcrete
AmenitiesExercise Centre, Party Room
Building TypeMid-rise apartment condo
Floors5 storeys
Year Built1990

Policies

Pet PolicyNo pets allowed.

Management

Management CompanyCMC Condo Management Corporation

About This Building

Located at 688 Preston Parkway in Cambridge's Preston Heights neighbourhood, this five-storey mid-rise condo was built in 1990. The building contains approximately 1,500-square-foot residential units. Recent sales have averaged around $570,000, while current listings average roughly $449,000. Monthly condo fees average approximately $648 or $0.52 per square foot, including water and building insurance. The building offers an exercise centre and party room for residents. Exclusive parking is available. Set near Highway 401 and close to parks and transit access, the building provides affordable apartment-style living. Before firming an offer, buyers should request and review the status certificate, reserve fund study, financial statements, board minutes, and by-laws with a legal professional.

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