Real Estate for Sale in Preston South, Cambridge, ON
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Neighbourhood in Cambridge
Preston South
Preston South is a quiet neighbourhood in Cambridge. It has a mix of homes and amenities for families and individuals.
At a glance
Listed 2 days ago
242 Chestnut Street S
Cambridge (Preston South), ON N3H 2J7
DetachedFor Sale
Listed 3 days ago
218 Montrose Street S
Cambridge (Preston South), ON N3H 2J2
DetachedFor Sale
Listed 8 days ago
752 Sherring Street
Cambridge (Preston South), ON N3H 2X4
MultiplexFor Sale
Listed 10 days ago
841 Duke Street
Cambridge (Preston South), ON N3H 3T8
DetachedFor Sale
Day to dayLivability
6
Schools near listings
out of 10 · averaged over 45 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
$649,900
In Preston South
$649,900
In Cambridge
$699,900
In Ontario
$718,000
Median monthly rent
$1,650/mo
In Preston South
$1,650
In Cambridge
$2,600
In Ontario
$2,500
≈ 32.8 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
14
Median $649,900
Houses 13 · Condos 1
For rent
3
Median $1,650
Houses 3
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 compared to city averages
- Good schools for families
- Community parks for recreation
- Variety of housing types
Keep in mind
- Limited grocery options
- Higher unemployment rate at 13%
The feel of the placeLifestyle
Daily life in Preston South is relaxed, with access to local parks and schools. Residents enjoy a suburban feel with essential amenities nearby.
Within the boundaryWhat's nearby
The boundary
1.5 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
2
Parks
3
Playgrounds
2
Restaurants
1
Cafés
2
Gyms
1
Libraries
1
Pharmacies
Counted across all 1.5 km² of Preston South. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
6.3/10
Average rating of the 3 rated schools in this area
2
Elementary
1
Secondary
Preston Public School
Public · Grades JK–6 · Waterloo Region DSB
6.6/105.5 over 5 yrs1,165th of 3,045 Ontario elementary schools
315 students · EQAO 2024-2025
Grand View Public School
Public · Grades JK–6 · Waterloo Region DSB
6.3/106.5 over 5 yrs1,366th of 3,045 Ontario elementary schools
250 students · EQAO 2024-2025
Preston High School
Public · Grades 9–12 · Waterloo Region DSB
5.9/106.3 over 5 yrs401st of 742 Ontario secondary schools
855 students · EQAO 2024-2025
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Preston South, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
5,252
Population (2021)
1.7 km²
Area
3,101
People per km²
46.3
Median age
$74,046
Median income
48%
Own their home
2.2
People per household
2,495
Households
Every age
- Children (under 15)12.3%
- Working age (15–64)64.7%
- Seniors (65+)23.0%
What is built here
- Detached houses41.2%
- Semi-detached2.6%
- Townhouses5.8%
- Duplexes3%
- Low-rise apartments26.9%
- High-rise apartments16.7%
- Other attached homes3%
Own or rent
48%Owners
53%Renters
Across 2,495 households
When it was built
Mostly 1960 or earlier
- 1960 or earlier50%
- 1961–198020%
- 1981–199010%
- 1991–20008%
- 2001–20053%
- 2006–20104%
- 2011–20151%
- 2016–20213%
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.
- 15%
- Born outside Canada
- 15.5%
- Hold a degree or higher
- 53.9%
- Employment rate
- 4.3%
- Commute by transit
- 87.7%
- Commute by car
- 1.6
- Children per family
- $65,383
- Median income after tax
- $81,085
- Average household income
- 11.9%
- Living on a low income
- $1,237/mo
- Renters pay, per month
- $1,314/mo
- Owners pay, per month
- $582,042
- Median home value at census
- 37.1%
- Renters spending 30%+ of income on housing
- 15.2%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 9 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
A condo here is its own market
1 condo apartment is on the market in Preston South right now. Too few have closed here in the last year for us to publish a median we would stand behind.