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Property Type: Condo / ApartmentOwnership: Condominium
1009 QUEENSTON Road Unit# 217
Cambridge, ON N3H3K7
MLS® 40859815
$359,900
2 bed2 bath1 parking1,245 sqftBuilt 1992
Amenities
Also listed: Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
M1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $665/mo
- Annual property tax
- $3,069.72
Maintenance Fee Includes
WaterManagement
Also included: Insurance, Other, See Remarks, Parking
Interior
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Main level | 5'0'' x 9'3'' |
| Foyer | Main level | 8'8'' x 9'1'' |
| Kitchen | Main level | 9'3'' x 10'1'' |
| 4pc Bathroom | Main level | 4'11'' x 8'10'' |
| 3pc Bathroom | Main level | 7'11'' x 8'5'' |
| Bedroom | Main level | 14'0'' x 12'5'' |
| Primary Bedroom | Main level | 23'9'' x 9'9'' |
| Dining room | Main level | 13'10'' x 12'2'' |
| Living room | Main level | 13'3'' x 20'9'' |
Description
This beautiful condo is in the heart of downtown Preston. You have garage parking, although you don't need a car in this central location. All amenities are within walking distance, and it's on multiple bus routes. This bright layout features two bedrooms, and two bathrooms (including a full ensuite). Check out the location of the excellent parking spot (#36) and the prime locker (#15- inside under the stairs). From the moment you arrive you know you are home! This condo has been loved and is well taken care of! Residents have the convenience of accessing this building from King Street. (id:63161)
Listing Information
- MLS®
- 40859815
- Data last synced
- October 26, 2026
RE/MAX TWIN CITY REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX TWIN CITY REALTY INC.
MLS® Number: 40859815
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Cornerstone Association of REALTORS®.
Values & Trends
This listing
$289/sqft
Building average
—
No other active listings in this building
53 - Preston South average
$375/sqft
3 active listing(s)
Parking: 1 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Guelph
5°C
—
Humidity 95%
Wind NNE calm km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
139,163
(2021 Census)
+6.6% since 2016
Density:
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($17,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$287,920.00
Periodic payment — Principal & Interest (monthly)$1,857.56
Additional monthly expenses (condo fees, tax, utilities, etc.)$982.73
Total monthly cost$2,840.29
Interest paid over 5-yr term$82,518.70
Balance at end of term$258,984.97
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$17,995
Stress test qualifying rate8.19%
Payment you must qualify for$2,651.04
Cash Needed at Closing
Minimum down payment$17,995
Estimated Land Transfer Tax (LTT)$3,874
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,369
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
