Real Estate for Sale in Preston North, Cambridge, ON

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Neighbourhood in Cambridge

Preston North

family-friendly community-oriented quiet

Preston North is a cozy neighbourhood in Cambridge, Ontario. It offers a mix of residential homes and amenities for families and individuals.

Median home price is $487,400 Median rent price is $1,850 Population of approximately 4,313

At a glance

Photo of 246 Hillcrest Road
For SaleMotivated SellerBasement ApartmentFinished Basement
Listed for:

Listed 2 days ago

$599,000

246 Hillcrest Road

Cambridge (Preston North), ON N3H 1B2

3 + 1Bedrooms
2Bathrooms
1Garage
700-1.1KSq Ft

DetachedFor Sale

Photo of 1370 Thorman Place
For SaleWalk-Out BasementLarge Lot
Listed for:

Listed 10 days ago

$899,900

1370 Thorman Place

Cambridge (Preston North), ON N3H 4K5

3 + 2Bedrooms
2Bathrooms
5Garage
1.1K-1.5KSq Ft

DetachedFor Sale

Photo of 130 Kitchener Road
For SalePositive Cash FlowLarge Lot
Listed for:

Listed 14 days ago

$399,900

130 Kitchener Road

Cambridge (Preston North), ON N3H 1A6

0Bedrooms
0Bathrooms
0Garage
—Sq Ft

Vacant LandFor Sale

Photo of 237 King Street W
For SaleOpen House
Listed for:

Listed 15 days ago

$380,000

237 King Street W

Cambridge (Preston North), ON N3H 5L2

2Bedrooms
2Bathrooms
1Parking
900-999Sq Ft

Condo ApartmentFor Sale

Photo of Unit 301, 944 Caledonian View
For SalePositive Cash Flow
Listed for:

Listed 29 days ago

$399,500

Unit 301, 944 Caledonian View

Cambridge (Preston North), ON N3H 1A5

3Bedrooms
2Bathrooms
1Parking
1.2K-1.4KSq Ft

Condo ApartmentFor Sale

Photo of 148 Hedley Street
For Sale
Listed for:

Listed Sep 3, 2026

$849,900

148 Hedley Street

Cambridge (Preston North), ON N3H 3Y1

4Bedrooms
3Bathrooms
2Garage
2K-2.5KSq Ft

DetachedFor Sale

Day to dayLivability

6.1

Schools near listings

out of 10 · averaged over 65 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$487,400

30% below Cambridge 32% below Ontario

In Preston North

$487,400

In Cambridge

$699,900

In Ontario

$718,000

Median monthly rent

$1,850/mo

29% below Cambridge 26% below Ontario

In Preston North

$1,850

In Cambridge

$2,600

In Ontario

$2,500

≈ 22 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

15

Median $487,400

Houses 10 · Condos 5

For rent

1

Median $1,850

Houses 1

Recently sold

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Recently leased

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Market data as of 2026-10-14. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Affordable housing compared to city median
  • Family-friendly with parks and playgrounds
  • Good community feel with low crime rates

Keep in mind

  • Limited grocery and dining options
  • No schools within the neighbourhood

The feel of the placeLifestyle

Daily life in Preston North is relaxed and community-oriented, making it ideal for families. Residents enjoy local parks and recreational activities.

Great for families first-time buyers those seeking a quiet lifestyle

Within the boundaryWhat's nearby

The boundary

2.4 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

3

Parks

9

Playgrounds

3

Restaurants

2

Gyms

1

Libraries

Counted across all 2.4 km² of Preston North. From OpenStreetMap, as of 2026-10-12.

The peopleWho lives here

4,313

Population (2021)

3.9 km²

Area

1,120

People per km²

41.9

Median age

$82,782

Median income

66%

Own their home

2.4

People per household

1,855

Households

Every age

  • Children (under 15)15.0%
  • Working age (15–64)65.3%
  • Seniors (65+)19.7%

What is built here

  • Detached houses41.7%
  • Semi-detached9.6%
  • Townhouses18.6%
  • Duplexes2%
  • Low-rise apartments23.1%
  • High-rise apartments3.7%

Own or rent

66%Owners

34%Renters

Across 1,855 households

When it was built

Mostly 1961–1980

  • 1960 or earlier29%
  • 1961–198042%
  • 1981–199011%
  • 1991–20005%
  • 2001–20052%
  • 2006–20101%
  • 2011–20158%
  • 2016–20210%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

14.9%
Born outside Canada
14.2%
Hold a degree or higher
56.7%
Employment rate
3.3%
Commute by transit
91.3%
Commute by car
1.6
Children per family
$73,727
Median income after tax
$93,992
Average household income
9.6%
Living on a low income
$1,150/mo
Renters pay, per month
$1,355/mo
Owners pay, per month
$542,190
Median home value at census
26.3%
Renters spending 30%+ of income on housing
13.5%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 8 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap

Condos in Preston North

A condo here is its own market

5 condo apartments are on the market in Preston North right now. Too few have closed here in the last year for us to publish a median we would stand behind.