Condo/Apt Unit for sale at 407-237 King Street, Cambridge, ON, N3H 5L2 - Preston North - MLS: 40750347

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407-237 King Street

Cambridge, ON, N3H 5L2 - Preston North

$309,800

Neighbourhood

Preston North
Major Intersection

Listed Since: 22 day(s)
Last update: today

Overview

Property Type

Condo/Apt Unit, 1 Storey/Apt
Bedrooms

1 + 0
Bathrooms

2
Square Feet

722
Exposure

North
Total Parking

1
Maintenance

$632
Taxes

$2,109.00 (2024)
Balcony

n/a

Property Description

Property description for 407-237 King Street, Cambridge

Tenant vacating Sept 1, 2025. Welcome to Kressview Springs Condominium, an exquisite residence ideally situated adjacent to the serene Riverside Park in Cambridge, just a quick three-minute drive to Hwy 401. This stunning building has recently undergone a thorough special assessment, resulting in impressive upgrades including a beautifully renovated lobby, brand new windows, modernized hallways, and essential repairs to the parking garage. Unit 407 stands out as a remarkable opportunity, as the current owner has already paid their portion of the special assessment upfront, sparing the new owner from any unexpected costs. With these extensive enhancements, you'll enjoy not only a luxurious living space but also the perks of resort-style amenities. Indulge in the indoor pool, unwind in the hot tub, soak up the sun on the deck, or take advantage of the saunas in the changing rooms. Additional amenities include a well-equipped workout room, a games room, a cozy library, a workshop, and a spacious terrace complete with BBQ facilities for entertaining. Underground parking space is P2-11 and Locker is P2-27 Inside Suite 407, you'll find sophisticated renovations showcasing beautiful flooring and upgraded trim. The $6,000 state-of-the-art HVAC system (receipt available in supplements) ensures your comfort year-round. The powder room boasts a modern hands-free sensor faucet, while the primary bathroom features a luxurious soaker jet tub, perfect for relaxation. Conveniently located near all essential amenities, this property offers easy access to downtown Preston, Costco, the Toyota Plant, Waterloo International Airport, golf courses, movie theaters, and much more.

Listed by RE/MAX K.L.S. REALTY INC., BROKERAGE

Property details

MLS #

40750347
Sq. Ft

722
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

n/a
View

n/a
Garage

n/a
Parking Type

n/a
Locker

n/a
Pets Permitted

Restricted
Exterior

Brick
Fireplace

n/a
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Barbecue, Elevator(s), Fitness Center, Game Room, Industrial Water Softener, Library
Maintenance Fee Includes

Water
Property Management

Weigel Property Mgmt
Heat

Forced Air, Heat Pump
A/C

Central Air
Water

Municipal
Water Supply

n/a
Central Vac

n/a
Cert Level

n/a
Energy Cert

n/a

MLS #

40750347
Sq. Ft

722
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

n/a
View

n/a
Garage

n/a
Parking Type

n/a
Locker

n/a
Pets Permitted

Restricted
Exterior

Brick
Fireplace

n/a
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Barbecue, Elevator(s), Fitness Center, Game Room, Industrial Water Softener, Library
Maintenance Fee Includes

Water
Property Management

Weigel Property Mgmt
Heat

Forced Air, Heat Pump
A/C

Central Air
Water

Municipal
Water Supply

n/a
Central Vac

n/a
Cert Level

n/a
Energy Cert

n/a

Living Room

4.70 x 3.71 ft Main level
Kitchen

3.30 x 2.59 ft Main level
Dinette

4.98 x 1.55 ft Main level
Bedroom Primary

4.29 x 5.18 ft Main level
Laundry

false Main level
Bathroom

false Main level

2-Piece

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 407-237 King Street, Cambridge

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Schools

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Neighbourhood Amenities & Points of Interest

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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