A Wonderful Place to Call Home in Preston Heights, Cambridge!Looking for the perfect place to start your next chapter? Welcome to this inviting 3-bedroom home in the desirable Preston Heights area of Cambridge! Ideal for first-time buyers, young families, or commuters, this home offers a great combination of modern updates, functional living space, and convenient location.Enjoy the fresh, updated feel throughout, featuring a newly renovated kitchen in 2026, new flooring, and fresh paint. The finished basement provides valuable additional living space, perfect for a family room, home office, playroom, or a place to unwind at the end of the day.Step outside to a small, fenced backyard-just the right spot to enjoy some fresh air, relax outdoors, or create your own little retreat.For commuters, the location is a real bonus, with Highway 401 just minutes away and convenient eastbound and westbound access for an easier daily drive.Whether you're buying your first home, growing your family, or looking for a comfortable home in a convenient Cambridge location, this property is a wonderful opportunity to put down roots and make it your own!Don't miss your opportunity to make this home yours!
3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $700 per square foot. Chat with Zara if you'd like a deeper read on whether this townhouse fits your budget and timing.
Inside 530 Parkview Cres
Every detail from the listing, in one place.
Type
Townhouse
Style
2-Storey
Living space
700-1100 sq ftas stated on the listing
Parking
2 spaces
Basement
Finished
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Att/Row/Townhouse
530 Parkview Cres Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14118106$490,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 530 Parkview Cres Compares to the Cambridge Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,407
/mo
based on the purchase price of $490,000
$98,000 cash
$392,000 financed
$330,167 total interest
Principal54%$392,000
Interest46%$330,167
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Cambridge
Other 2–3 bed homes for sale in Cambridge around $490K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio100.0%On average, homes sold at or above asking.
Active listings440Homes for sale here right now.
Median vs prior 90 days+1.3%Compared with Apr 29 – Jul 28, 2026: prices up.
Based on 470 sales from Jul 28 – Oct 26, 2026 (384 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 530 Parkview Cres
How much is 530 Parkview Cres listed for?
530 Parkview Cres is listed at $490,000 (MLS® X14118106). Summitly updates the price as soon as the MLS® record changes.
Is $490,000 a good price for 530 Parkview Cres?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Cambridge. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 530 Parkview Cres changed?
No — 530 Parkview Cres is still listed at its original asking price of $490,000.
How many bedrooms and bathrooms does 530 Parkview Cres have?
530 Parkview Cres has 3 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a townhouse in Cambridge.
How much would the monthly mortgage be on 530 Parkview Cres?
About $2,407 a month — principal and interest on $490,000 with 20% down ($98,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 530 Parkview Cres compare with other homes in Cambridge?
Its asking price of $490,000 is about 28% below the median sold price in Cambridge over the last 90 days, $683,500, across 470 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 530 Parkview Cres been sold before?
Summitly has no earlier MLS® sale or lease of 530 Parkview Cres on record from the last two years. Older records aren't shown under TRREB rules.
Where is 530 Parkview Cres?
530 Parkview Cres is in Cambridge, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 530 Parkview Cres been on the market?
530 Parkview Cres was listed today (October 26, 2026).
What is the price per square foot of 530 Parkview Cres?
About $445 to $700 per square foot: the asking price of $490,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 530 Parkview Cres have parking or a garage?
Yes — the listing gives 2 parking spaces.
Does 530 Parkview Cres have a basement, and is it finished?