Maintenance Fees
Valley Ridge Condominiums vs The Preston Heights Area
688 Preston Parkway
Valley Ridge Condominiums
Highlights
- Property Type:
- Condo
- Number of Storeys:
- 7
- Number of Units:
- 40
- Condo Completion:
- 1990
- Condo Demand:
- Low
- Unit Size Range:
- 1,084 - 1,462 SQFT
- Unit Availability:
- Low
- Property Management:
Amenities
Security System
Party Room
Gym
Visitor Parking
Amenity details for reference only. Independently verify accuracy.
About 688 Preston Parkway — Valley Ridge Condominiums
Anyone who’s seeking a Cambridge condo for sale should consider Valley Ridge Condominiums at 688 Preston Parkway. completed this building back in 1990, but unlike other buildings of that age, maintenance fees are very low at $0.43 per-square-foot. The 7-storey building is home to 40 suites with units ranging between 1084 and 1462 square feet.
Maintenance fees at 688 Preston Parkway are only $0.43, significantly lower than the city average of about $0.67 per-square-foot.
The Suites
Here are some stats that would interest renters or buyers at 688 Preston Parkway: 2 units have been sold in the past 12 months, and 0 unit has been rented over the same period.
In terms of price per-square-foot, the average cost is $351 and units tend to sell for -2.83% below the list price. Units at 688 Preston Parkway have a low probability of receiving more than one offer. On average, a suite will spend 102 days on the market.
- Water
- Included
- Hydro
- Not Included
- Heat
- Not Included
- Air Conditioning
- Not Included
Listing History for Valley Ridge Condominiums
Oct, 2025
Unit 304
Oct 20, 2025123 days on strata
Sold for $340,000Listed for $399,9002 bd | 1 ba | 1,000-1,199 sqft | 1 pkg
Sold for $340,000Listed for $399,9002 bd | 1 ba | 1,000-1,199 sqft | 1 pkg
Feb, 2025
Unit 501
Feb 20, 202582 days on strata
Sold for $570,000Listed for $585,0002 bd + 1 | 2 ba | 1,450 sqft | 1 pkg
Sold for $570,000Listed for $585,0002 bd + 1 | 2 ba | 1,450 sqft | 1 pkg
Receive listing updates for Preston Heights
Reviews for Valley Ridge Condominiums
No reviews yet. Be the first to leave a review!
0Listings For Sale
Interested in receiving new listings for sale?
0Listings For Rent
Interested in receiving new listings for rent?
Similar Condos
Explore Preston Heights
Building Trends At Valley Ridge Condominiums
Days on Strata
Units at Valley Ridge Condominiums spend an average of
102
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Preston Heights
Turnover of Units
On average, each unit is owned for
25.9
YEARS before being sold againProperty Value
-11%
Decrease in property value within the past twelve months
Price Ranking
1st
Highest price per SQFT out of 6 condos in the Preston Heights area
Sold Units
2
Units were Sold over the past twelve months
Rented Units
0
Units were Rented over the past twelve months
Best Value Rank
Valley Ridge Condominiums offers the best value out of 6 condos in the Preston Heights neighbourhood
?
N/A
Appreciation Rank
Valley Ridge Condominiums has the highest ROI out of 6 condos in the Preston Heights neighbourhood
?
N/A
Rental Yield
Valley Ridge Condominiums yields the highest rent prices out of 6 condos in the Preston Heights neighbourhood
?
N/A
High Demand
Valley Ridge Condominiums is the most popular building out of 6 condos in the Preston Heights neighbourhood
?
N/A
Market Insights
Transaction Insights at Valley Ridge Condominiums
| 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|
| Price Range | $340,000 | $570,000 | No Data |
| Avg. Cost Per Sqft | $318 | $403 | No Data |
| Price Range | No Data | No Data | No Data |
| Avg. Wait for Unit Availability | 271 Days | No Data | 905 Days |
| Avg. Wait for Unit Availability | No Data | No Data | No Data |
| Ratio of Units in Building | 75% | 7% | 19% |
Market Inventory
Total number of units listed and sold in Preston Heights
