433 Preston Parkway, Cambridge, ON
Property no longer active
This property was sold on February 12, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick front and aluminum siding construction, this residence presents an exceptional opportunity offered at $765,000 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 37.21 x 86.49 ft lot
- Features a finished, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient carport configuration
- Notable attributes: Accessory Apartment, Carpet Free, Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Completely Renovated Freehold Detached Home with Legal Basement Apartment! This stunning 3+1 bedroom home has been fully renovated from top to bottom, featuring brand-new, modern finishes throughout. Every detail has been professionally completed with permits, ensuring top-quality craftsmanship and peace of mind. Key upgrades include a new electrical system, all new ducts, all-new plumbing, new insulation, new appliances, some new windows and doors, High-performance laminate in all the house and much more. The legal basement apartment provides a fantastic opportunity to generate rental income, helping offset your expenses while enjoying a beautiful, move-in-ready home. Perfect for families, this home offers a warm and inviting atmosphere, with a lovely backyard ideal for summer gatherings. Located in a family-friendly neighborhood, its right across from a school and surrounded by parks, offering both convenience and a great community feel. Just minutes from the charming Village of Blair, scenic trails along the Grand River, Conestoga College, Costco, and more, this home truly has it all! Modern upgrades, an income-generating unit, and a prime location. Don't miss out on this gem!
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Property Summary
This detached home located at 433 Preston Parkway, Cambridge is currently for sale and has been available on SousaSells for 558 days. This property is listed at $765,000 with an estimated mortgage of $2,546* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 433 Preston Parkway, Cambridge
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Cambridge.
- •4 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Cambridge.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Park
- Public Transit
- School
- Fenced Yard
- Other
Interior Features
- Accessory Apartment
- Carpet Free
- Water Heater
- Water Softener
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 433 Preston Parkway, Cambridge, ON
Q.What is the asking price for 433 Preston Parkway, Cambridge, ON ?
The current listing price for 433 Preston Parkway, Cambridge, ON in Cambridge is $765,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 433 Preston Parkway, Cambridge, ON ?
433 Preston Parkway, Cambridge, ON is a Detached (2-Storey) featuring a Finished, Apartment basement.
Q.What key property features does 433 Preston Parkway, Cambridge, ON offer?
Key property features include: Park, Public Transit, School, Fenced Yard, Other.
Q.What interior features are included in this home?
Interior highlights include: Accessory Apartment, Carpet Free, Water Heater, Water Softener.
Q.Is parking available at this property?
Yes, this property offers parking space for 3.0 vehicles (Carport).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Data-driven valuation for 433 Preston Parkway, Cambridge, ON N3H 4X3
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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 $765,000 in Cambridge, the legal minimum down payment is $51,500 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 $11,775 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 $11,775.
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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.