237 King Street Unit 810, Cambridge

Price: $399,900

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: X12582406

*** Brand new Furnace/AC unit installed in Jan 2026 Approx $11,000. ***. TWO PARKING SPOTS, Thoughtfully designed with many updates and an ideal split-bedroom floor plan, each bedroom is positioned on opposite sides of the suite, offering exceptional privacy and direct access to a full bathroom - including a spacious primary with its own ensuite. With two separate balconies, this home provides rare versatility for morning coffee, reading, or quiet evenings overlooking the surrounding area. Inside, enjoy a bright and functional layout with a well-appointed kitchen, open dining and living area, and the convenience of in-suite laundry. Residents benefit from an impressive collection of amenities, including an indoor pool, fitness centre, library, party room, games room, community BBQ, workshop, and ample visitor parking. This unit includes two underground parking spaces and a locker. Condo fees cover water, building insurance, property management, landscaping, and common elements for complete peace of mind. Perfectly situated in Preston, moments from shopping, public transit, major highways, trails, and everyday conveniences, this residence is ideal for buyers seeking comfort, lifestyle, and a seamless lock-and-leave living experience. A rare opportunity to enjoy elevated condo living within a well-managed community known for its quiet comfort and exceptional value.

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$399,900 - 237 King Street Unit 810, Cambridge

Condo for Sale in Cambridge

109 days on market
2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
X12582406
Property Type
Condo
Status
active
Days on Site
109
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Cambridge
Locker
Owned
Exposure
South
Balcony
Enclosed
Listing Brokerage
ENGEL & VOLKERS WATERLOO REGION
Description

*** Brand new Furnace/AC unit installed in Jan 2026 Approx $11,000. ***. TWO PARKING SPOTS, Thoughtfully designed with many updates and an ideal split-bedroom floor plan, each bedroom is positioned on opposite sides of the suite, offering exceptional privacy and direct access to a full bathroom - including a spacious primary with its own ensuite. With two separate balconies, this home provides rare versatility for morning coffee, reading, or quiet evenings overlooking the surrounding area. Inside, enjoy a bright and functional layout with a well-appointed kitchen, open dining and living area, and the convenience of in-suite laundry. Residents benefit from an impressive collection of amenities, including an indoor pool, fitness centre, library, party room, games room, community BBQ, workshop, and ample visitor parking. This unit includes two underground parking spaces and a locker. Condo fees cover water, building insurance, property management, landscaping, and common elements for complete peace of mind. Perfectly situated in Preston, moments from shopping, public transit, major highways, trails, and everyday conveniences, this residence is ideal for buyers seeking comfort, lifestyle, and a seamless lock-and-leave living experience. A rare opportunity to enjoy elevated condo living within a well-managed community known for its quiet comfort and exceptional value.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,051.69/mo

Includes CMHC insurance ($11,157)

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5-yr fixed avg.

Principal: $359,910Interest: $244,441
Mortgage Amount$371,067
Total Interest$244,441
Est. Property Tax$283/mo
Total Cost$615,508

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Cambridge

Discover Cambridge

Cambridge is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Cambridge

  • Convenient location in Cambridge
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Cambridge offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

237 King Street Unit 810, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
4.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,329

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $444/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 109 days on site, this property has exceeded the typical selling timeline for Cambridge. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    237 King Street Unit 810, Cambridge | $399,900 | Battaglia Team