237 King Street, Unit 407, Cambridge, ON
Property no longer active
This property was sold on November 20, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $289,500 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 1 Bedroom and 2 Bathrooms
- Generous living space spanning 700-799 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
Welcome to Kressview Springs Condominium, an exquisite residence ideally situated adjacent to the serene Riverside Park in Cambridge, just a quick three-minute drive to Hwy 401. This stunning building has recently undergone a thorough special assessment, resulting in impressive upgrades including a beautifully renovated lobby, brand new windows, modernized hallways, and essential repairs to the parking garage. Unit 407 stands out as a remarkable opportunity, as the current owner has already paid their portion of the special assessment upfront, sparing the new owner from any unexpected costs. With these extensive enhancements, you'll enjoy not only a luxurious living space but also the perks of resort-style amenities. Indulge in the indoor pool, unwind in the hot tub, soak up the sun on the deck, or take advantage of the saunas in the changing rooms. Additional amenities include a well-equipped workout room, a games room, a cozy library, a workshop, and a spacious terrace complete with BBQ facilities for entertaining. Underground parking space is P2-11 and Locker is P2-27 Inside Suite 407, you'll find sophisticated renovations showcasing beautiful flooring and upgraded trim. The $6,000 state-of-the-art HVAC system (receipt available in supplements) ensures your comfort year-round. The powder room boasts a modern hands-free sensor faucet, while the primary bathroom features a luxurious soaker jet tub, perfect for relaxation. Conveniently located near all essential amenities, this property offers easy access to downtown Preston, Costco, the Toyota Plant, Waterloo International Airport, golf courses, movie theaters, and much more. Seller open to creative financing!
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Property Summary
This condo apartment located at 237 King Street, Cambridge is currently for sale and has been available on SousaSells for 364 days. This property is listed at $289,500 with an estimated mortgage of $964* per month. It has 1 bed, 2 bathrooms, and is 700-799 square feet. 237 King Street, Cambridge
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Cambridge.
- •1 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •700-799 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Cambridge.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Auto Garage Door Remote
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 237 King Street, Unit 407, Cambridge, ON
Q.What is the asking price for 237 King Street, Unit 407, Cambridge, ON ?
The current listing price for 237 King Street, Unit 407, Cambridge, ON in Cambridge is $289,500.
Q.How many bedrooms and bathrooms does this property have?
This property features 1 bedroom and 2 bathrooms across approximately 700-799 sqft.
Q.What property type and architectural style is 237 King Street, Unit 407, Cambridge, ON ?
237 King Street, Unit 407, Cambridge, ON is a Condo Apartment (1 Storey/Apt) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Auto Garage Door Remote.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 237 King Street W 407, Cambridge, ON N3H 5L2
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cambridge, ON
For a property listed at $289,500 in Cambridge, the legal minimum down payment is $14,475 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,818 for this transaction. As this listing is in Cambridge (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,818.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.