421 Preston Parkway, Cambridge, ON

$620,000
MLS#:X12123052
5 beds
4 baths
1100-1500 sqft
2.0 parking
Residential Freehold
421 Preston Parkway, Cambridge, ON N3H 4X3
⚠️

Property no longer active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 Sidesplit detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $620,000 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.

  • 5 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 37.22 x 86.77 ft lot
  • Features a development potential, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Accessory Apartment
  • equipped with other central cooling and highly efficient baseboard heating via electric

Description

Welcome to your spacious and versatile side-split home in Cambridges desirable Preston area! Ideally located minutes from the 401, Conestoga College, the new Cambridge Soccer Complex, and shopping amenities, this property is also within walking distance to a local elementary school, making it perfect for families. The unique layout features a main foyer that provides access to three distinct living spaces, offering privacy and flexibility. The main floor includes a kitchen, dining room, bedroom, a convenient two-piece bathroom, and a two-piece ensuite. On the upper main level, you'll find a bright, open space with three generously sized bedrooms and a four-piece bathroom. The basement offers a two-piece ensuite and is equipped with a stove receptacle, providing additional versatility. With its ideal location and flexible layout, 421 Preston Parkway is a must-see. Schedule your showing today!

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Property Summary

This detached home located at 421 Preston Parkway, Cambridge is currently for sale and has been available on SousaSells for 459 days. This property is listed at $620,000 with an estimated mortgage of $2,064* per month. It has 5 beds, 4 bathrooms, and is 1100-1500 square feet. 421 Preston Parkway, Cambridge

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 5 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Cambridge.

Highly Recommended for Families
What We Love About This Home
  • 5 spacious bedroom layout offering versatile living space
  • 4 well-appointed bathrooms
  • 1100-1500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Cambridge.

Target Buyer Match

Key Features

Bedrooms
5
Bathrooms
4
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 4, 2025
Sold price information is available to members only
Listed Date5/4/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleSidesplit
ConstructionAluminum Siding, Brick
BasementDevelopment Potential, Separate Entrance
Lot Size37.22 × 86.77 Feet
CountyWaterloo
Annual Tax$3,205
Legal DescriptionLT 25 PL 1327 CAMBRIDGE; S/T WS522015; CAMBRIDGE

Parking & Garage

Parking Total2.0
Parking Space2
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingOther

Features

Property Features

None listed

Interior Features

  • Accessory Apartment

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 421 Preston Parkway, Cambridge, ON

Q.What is the asking price for 421 Preston Parkway, Cambridge, ON ?

The current listing price for 421 Preston Parkway, Cambridge, ON in Cambridge is $620,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 5 bedrooms and 4 bathrooms across approximately 1100-1500 sqft.

Q.What property type and architectural style is 421 Preston Parkway, Cambridge, ON ?

421 Preston Parkway, Cambridge, ON is a Detached (Sidesplit) featuring a Development Potential, Separate Entrance basement.

Q.What interior features are included in this home?

Interior highlights include: Accessory Apartment.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Other.

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Location

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421 Preston Parkway, Cambridge, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 421 Preston Parkway, Cambridge, ON N3H 4X3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cambridge.

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Interest Rate4.00%
Down Payment$186,000 (30.0%)
* Minimum Canadian down payment required for this price is $37,000.
Amortization Period30 Years
Estimated Monthly Payment$2,064Based on a loan of $434,000 over 30 years.
Purchase Price$620,000
Loan Amount$434,000
Provincial Land Transfer Tax:$8,875
Total Estimated Closing Taxes:$8,875

About Purchasing a Home in Cambridge, ON

For a property listed at $620,000 in Cambridge, the legal minimum down payment is $37,000 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 $8,875 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 $8,875.

Cambridge Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cambridge.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$892,376

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Best Schools in Cambridge

Elementary Schools

Avenue Road
Public40 Gail Street, Cambridge, Ontario, N1R 4M2
3.3
Elgin Street
Public685 Elgin Street North, Cambridge, Ontario, N1R 7W6
6.2
St Peter
Public92 Avenue Road, Cambridge, Ontario, N1R 1C1
5.6
Christ The King
Public70 Acorn Way, Cambridge, Ontario, N1R 8M5
3.1
Blair Road
Public85 Sunset Boulevard, Galt, Cambridge, Ontario, N1S 1A9
5.6

Secondary Schools

Galt
Public200 Water Street North, Galt, Cambridge, Ontario, N1R 6V2
5.9
St. Benedict
Catholic50 Saginaw Parkway, Cambridge, Ontario, N1R 5W1
6.8

Cambridge Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.