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Property Type: TownhouseOwnership: FreeholdNEW LISTING
530 PARKVIEW Crescent
Cambridge, ON N3H4X7
MLS® 40872879
25
Walk Score
42
Transit
28
Bike
$490,000
3 bed2.5 bath2 parking1,611 sqftBuilt 1977
25
Walk Score
42
Transit
28
Bike
Open House
Saturday, October 31
2:00 PM – 4:00 PM
Sunday, November 1
2:00 PM – 4:00 PM
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 2
- Frontage
- 19 feet
Res 2
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Freehold
- Condo / maintenance fee
- $0/mo
- Annual property tax
- $2,261
Interior
- Basement
- Partially finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Basement | 8'1'' x 9'7'' |
| 4pc Bathroom | Second level | 8'3'' x 4'11'' |
| 2pc Bathroom | Basement | 7'10'' x 11'3'' |
| Recreation room | Basement | 13'3'' x 17'5'' |
| Bedroom | Second level | 9'9'' x 8'5'' |
| Bedroom | Second level | 13'3'' x 10'1'' |
| Primary Bedroom | Second level | 13'10'' x 12'5'' |
| Living room | Main level | 14'1'' x 14'3'' |
| Dining room | Main level | 8'1'' x 11'1'' |
| Kitchen | Main level | 9'8'' x 11'1'' |
Description
NO CONDO FEES! FREEHOLD TOWNHOUSE! A Wonderful Place to Call Home in 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! Hot Water Heater owned (2026), Furnace and A/C (2024) (id:63161)
Listing Information
- MLS®
- 40872879
- Data last synced
- October 29, 2026
Keller Williams Innovation Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Keller Williams Innovation Realty
MLS® Number: 40872879
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
$304/sqft
Building average
—
No other active listings in this building
54 - Preston Heights average
$357/sqft
6 active listing(s)
Parking: 2 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:
Similar Listings Nearby
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($24,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$392,000.00
Periodic payment — Principal & Interest (monthly)$2,529.05
Additional monthly expenses (condo fees, tax, utilities, etc.)$269.42
Total monthly cost$2,798.47
Interest paid over 5-yr term$112,348.33
Balance at end of term$352,605.27
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$24,500
Stress test qualifying rate8.19%
Payment you must qualify for$3,609.37
Cash Needed at Closing
Minimum down payment$24,500
Estimated Land Transfer Tax (LTT)$6,275
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,275
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.
