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Townhouse for Sale in Cambridge
- MLS Number
- X13210486
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 16
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
FREEHOLD TOWNHOUSE = NO MONTHLY FEES. 3 BEDROOM/1 BATHROOM, 1489 SQFT TOTAL LIVING SPACE, FENCED YARD. Fully finished with a long list of updates, this beautiful home features 3 bedrooms, an open concept living room, a fenced backyard, and parking for 2 cars. Freshly painted throughout with updated cabinetry and new lighting (2026), this home also includes numerous upgrades over the years, including a high-efficiency furnace and A/C (2016), windows (2016), dishwasher (2019), floors and baseboards (2019), electrical panel (2019), light fixtures (2019), California ceilings (2019), and water softener (2013). The basement with rec room also offers enough space to potentially add a full bathroom. Enjoy low property taxes and no condo fees, making this an excellent opportunity for first-time buyers, investors, or smaller families. Located in the family-friendly community of Preston Heights, this home offers exceptional convenience with quick access to Costco, Home Depot, parks, & Highway 401, making commuting to Kitchener, Waterloo, and the GTA easy. Just minutes from Conestoga College, Toyota Motor Manufacturing, shopping centres, restaurants, parks, trails, and the Grand River, this location is ideal for families, professionals, and students alike. Enjoy nearby schools, public transit, community amenities, and greenspaces all within a peaceful and well-established neighbourhood. Call today to book your private showing.
Estimate your monthly payments for this property
Estimated Payment
$2,282.50/mo
Includes CMHC insurance ($12,412)
5-yr fixed avg.
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.
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
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.
724 Parkview Crescent, Cambridge
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $636/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.
Market Position
At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Cambridge have shown strong appreciation as families seek more space.
Efficient Living
At 700 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.