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Basara.

Cambridge · Preston North · Townhouse · MLS# 40811688

237 KING Street W Unit# 1305

$489,900

2

bed

2

bath

1,348

sqft

1989

built

Townhouse · $363/sqft

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Listed March 18, 2026

About this home.

PENTHOUSE! Located at the KRESSVIEW SPRINGS! Suite 1305 is located at 237 King Street W, Cambridge (Preston North). Steps to Riverside Park and minutes to the 401 and hwy 7/8. This 1348 square foot suite has TWO underground parking spaces The master bedroom suite can accomodate a king size bed, has large closets for plenty of storage and fully renovated ensuite bathroom The second bedroom could be a tv room or office and is located at the opposite end of the suite from the master bedroom with a four piece bathroom right outside the door so visitors can have their own private space The dining room is a room of its own with French doors and can seat eight+ guests. Very generous sized eat in kitchen with room for everthing. Pantry, fridge, stove, built in dishwasher, washer/dryer combination and upright freezer are included in the sale. All in as is condition but in good working order. The living room is cozy and at the same time large enough to entertain the whole family. Electric fireplace for those cooler nights and a solarium area to sit in the sun. Newer high end remote control blinds. A locker (door labelled L1 16 U9) and 2 GARAGE SPACES #21 & #24 are located on level P1. The locker is large enough to hold all of your Christmas items, patio furniture and more. The building is complete with a workshop, games room, indoor heated pool, hot tub, exercise room, sauna with change rooms for ladies and men, lockers with direct access to the pool. There is a walkout to a deck if you care to sit outside after a swim or hot tub. Want to host a large dinner or shower? There a party room with kitchen including appliances, dishes, washrooms, coat closet and separate entrance for guests. In the nicer weather there are bbq's on the main terrace with picnic tables to enjoy the outdoors. The many upgrades to the building recently include: windows, patio doors, (4 in this suite), hallways, facade, parking garage and lobby. All special assessments have been paid by the Seller. (id:59491)

The full record.

Property typeTownhouse
Year built1989
Square footage1,348 sqft
Lot size0
Bedrooms2
Bathrooms2
HeatingForced air,Heat Pump, ,
CoolingCentral air conditioning
ListedMarch 18, 2026

How this listing prices against Preston North.

9

Sales

$650,000

Median price

21

Days on market

95.5%

% of list

19

Active listings

N/A

Months supply

Preston North posted 9 sales and 19 active listings, making it a fairly active neighbourhood with a split market underneath the surface. The average price was $605,000, below the Cambridge average, and homes sold in 20.7 days at 95.46 percent of list, one of the weaker pricing outcomes in the city. Freeholds are moving well, but condos are taking much longer and selling at steeper discounts, which pulls the overall numbers down.

Read the full Cambridgereport →

Estimate the monthly carry.

Down payment
%($97,980)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$2,243

Principal$391,920
Total interest$281,109
Total paid$673,029

Estimate only. Excludes property tax, condo fees, and insurance.

Questions on this property?

Neso Basara

RE/MAX Icon Realty

Waterloo Region

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237 KING Street W Unit# 1305, Cambridge — $489,900