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Property Type: Condo / ApartmentOwnership: Condominium
237 KING Street W Unit# 102
Cambridge, ON N3H5L2
MLS® 40864899
$369,900
2 bed2 bath1 parking960 sqftBuilt 1989
Open House
Sunday, November 1
2:00 PM – 4:00 PM
Amenities
Gym
Also listed: Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
RM3
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $876/mo
- Annual property tax
- $2,672.51
Maintenance Fee Includes
WaterManagementHeat
Also included: Common Area Maintenance, Landscaping, Insurance, Parking, Residential Manager
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Dining room | Main level | 5'2'' x 11'9'' |
| 5pc Bathroom | Main level | 5'3'' x 12'4'' |
| Primary Bedroom | Main level | 16'9'' x 11'4'' |
| 4pc Bathroom | Main level | 6'6'' x 9'3'' |
| Bedroom | Main level | 13'1'' x 12'8'' |
| Living room | Main level | 17'3'' x 15'3'' |
| Kitchen | Main level | 9'3'' x 8'5'' |
| Foyer | Main level | 4'6'' x 8'6'' |
Description
Welcome to Kressview Springs—one of the most peaceful, nature-filled settings in the Waterloo Region, where you'll enjoy sweeping scenery while walking the trails of Riverside Park and along the Grand River. This freshly updated, turn-key, easily accessible main-level unit features two bedrooms, two bathrooms, a bright sunroom/dining area, one underground parking space, and a storage locker. Settle in with ease and enjoy seamless access to outdoor space in this low-maintenance, lifestyle-focused home. The expansive terrace is a standout feature, ideal for unwinding or hosting gatherings with family and friends. Residents enjoy an array of amenities, including an indoor pool, sauna, whirlpool, sundeck, fitness room, workshop, games room, library, and party room with kitchen facilities. There is also a community garden, as well as a terrace with BBQs and seating for outdoor gatherings. Each month, the social group hosts events such as bingo, game nights, chair yoga, happy hour, and more. All of this is just minutes from downtown Cambridge, Conestoga College, Costco, restaurants, and entertainment, with quick access to Highway 401. With its desirable location and convenient access to key amenities, this unit also presents an excellent opportunity to own a potential income property, with strong appeal for professionals and students alike. Don't miss your opportunity to own this comfortable, low-maintenance home surrounded by nature—book your showing today! (id:63161)
Listing Information
- MLS®
- 40864899
- Data last synced
- October 29, 2026
Century 21 Heritage House Ltd.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Century 21 Heritage House Ltd.
MLS® Number: 40864899
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
$385/sqft
Building average
—
No other active listings in this building
52 - Preston North average
$319/sqft
6 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
4°C
—
Humidity 95%
Wind E calm km/h
Today
20°
Tonight
5°
Friday
12°
Friday night
-2°
Saturday
14°
Saturday night
3°
Source: Environment and Climate Change Canada.
Population
139,163
(2021 Census)
+6.6% since 2016
Density: 615.3/km²
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($18,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$295,920.00
Periodic payment — Principal & Interest (monthly)$1,909.18
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,146.71
Total monthly cost$3,055.88
Interest paid over 5-yr term$84,811.52
Balance at end of term$266,181.00
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$18,495
Stress test qualifying rate8.19%
Payment you must qualify for$2,724.70
Cash Needed at Closing
Minimum down payment$18,495
Estimated Land Transfer Tax (LTT)$4,024
Legal / closing costs (typical estimate)$1,500
Total cash needed$24,019
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.
