Preston South, Cambridge

Neighbourhood Guide — August 2026

Avg Price

$859,900

Median Price

$859,900

Homes Sold

2

New Listings

0

For Sale

23

Avg Days on Market

280

Preston South Price Trends

Housing Breakdown

Active Listings by Type

Average Prices

Residential
$708,928 (14 listings)
Apartment
$127,883 (3 listings)
Commercial
$245,117 (3 listings)
Lots and Land
$261,000 (3 listings)

Preston South vs Cambridge Average

Preston South is 41.3% above the Cambridge average.

Metric Preston South Cambridge
Average Price $859,900 $608,461
Median Price $859,900 $664,000
Avg Days on Market 280 66
Homes Sold (Last Month) 2 21

About Preston South

Preston South offers some of Cambridge's most affordable housing in the southern portion of the historic Preston area. The neighbourhood features a mix of bungalows, split-levels, and townhouses that appeal to first-time buyers and budget-conscious families. Its location provides convenient access to Highway 401 and the Hespeler Road commercial corridor for shopping and services.

The area maintains some of Preston's community identity while offering practical, affordable living within the broader Cambridge market. Newer townhouse development has supplemented the older housing stock in recent years.

Browse Preston South listings, read the Cambridge city guide, or compare all neighbourhoods.

Nearby Amenities

The Hespeler Road commercial corridor provides grocery, retail, and dining options. Community parks and playgrounds serve the local area. Cambridge Centre Mall is accessible for major shopping. Speed River trail access is available nearby.