
1305 - 237 KING Street
Cambridge, Ontario
2 bed • 2 bath • Single Family
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.
Price History
Schools
Elementary
- Parkway Public School1 km
Public · Waterloo Region DSB · 350 students
Grade 3 reading: 97% met the provincial standard · Grade 6 math: 59% met the provincial standard
- Preston Public School1.1 km
Public · Waterloo Region DSB · 315 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 41% met the provincial standard
- St Joseph Catholic Elementary School1.5 km
Catholic · Waterloo CDSB · 280 students
Grade 3 reading: 86% met the provincial standard · Grade 6 math: 70% met the provincial standard
Secondary
- Preston High School1.3 km
Public · Waterloo Region DSB · 855 students
Grade 10 literacy: 77% met the provincial standard
- ÉSC Père-René-de-Galinée2.6 km
French Catholic · CS catholique MonAvenir · 495 students
Grade 10 literacy: 94% met the provincial standard
- Jacob Hespeler Secondary School4.5 km
Public · Waterloo Region DSB · 1070 students
Grade 10 literacy: 83% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N3H
- Population
- 24,306
- Private dwellings
- 10,220
- Median age
- 40.8
- Average household size
- 2.5
- Median household income
- $82,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Cambridge · last 12 months
- Median sold price
- $675,000
- Homes sold
- 1,255
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,255 recorded sales of single family properties in Cambridge over the last 12 months.
Location
Mortgage Calculator
$91,800
Estimated Monthly Payment
$2,255
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,255/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $115/mo
Estimates only. Consult a financial advisor.
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