5+ Days Ago
Highlights
Pet Friendly
Location
502 Nelson St, Cambridge, ON N3H 1K1, CAN|Preston Centre
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Floor plans
| 2 Bedroom Renovated | 2 bed | 1 bath | 890 sqft | $2,295 /mo | 1 unit available |
Let's explore this property.
Amenities for Riverside Estates
Apartment Amenities
| Electric | Heat |
| Hot Water | Trash Included |
| Utilities/Sewer |
Building
| Cats OK | Dogs OK |
Grounds
| Assigned Parking |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Deposit
One-time.
$2,295
Base Rent
Monthly rent payment
$2,295
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
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About Riverside Estates
Welcome home to Riverside Estates — a charming and vibrant community nestled in the heart of Cambridge. With 32 thoughtfully designed apartment units, our building offers a perfect blend of comfort, convenience, and tranquility. Located just steps from the scenic Grand River and minutes from downtown amenities, Riverside Estates is more than just a place to live — it's a place to thrive. Whether you're enjoying a quiet evening on your balcony, exploring nearby parks and trails, or connecting with friendly neighbors, you'll find that Riverside Estates is where comfort meets community. We’re delighted to have you here. Welcome to your new home!
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.5
/10
Very GoodWith a solid 8.5 out of 10 overall, Riverside Estates is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Riverside Estates has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Riverside Estates offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Riverside Estates goes above and beyond to provide sought-after conveniences and desirable perks, including assigned parking. Renters looking for popular or luxurious features will find them here—and for that reason, Riverside Estates receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Riverside Estates is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Riverside Estates does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Riverside Estates provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
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Rent trends in Preston Centre
2-bedroom apartments at Riverside Estates cost about 16% more than the average rent price for 2-bedroom apartments in Preston Centre.
Median rents as of Oct 18 2025.
Preston Centre
Cambridge
| Month | Median Rent |
|---|---|
| November 2023 | $1,900 |
| December 2023 | $1,884 |
| January 2024 | $1,892 |
| February 2024 | $2,032 |
| March 2024 | $2,068 |
| April 2024 | $2,017 |
| May 2024 | $2,109 |
| June 2024 | $2,115 |
| July 2024 | $2,047 |
| August 2024 | $1,989 |
| September 2024 | $1,964 |
| October 2024 | $1,936 |
| November 2024 | $1,946 |
| December 2024 | $1,910 |
| January 2025 | $1,867 |
| February 2025 | $1,892 |
| March 2025 | $1,892 |
| April 2025 | $1,872 |
| May 2025 | $1,899 |
| June 2025 | $1,909 |
| July 2025 | $1,865 |
| August 2025 | $1,924 |
| September 2025 | $1,837 |
| October 2025 | $1,770 |
| Month | Median Rent |
|---|---|
| April 2024 | $1,699 |
| May 2024 | $1,735 |
| August 2024 | $1,750 |
| September 2024 | $1,763 |
| October 2024 | $1,763 |
| November 2024 | $1,753 |
| December 2024 | $1,702 |
| January 2025 | $1,700 |
| February 2025 | $1,700 |
| March 2025 | $1,699 |
| April 2025 | $1,686 |
| May 2025 | $1,784 |
| June 2025 | $1,707 |
| July 2025 | $1,666 |
| August 2025 | $1,839 |
| September 2025 | $1,740 |
| October 2025 | $1,651 |
Affordability calculator
Can I afford to live at 502 Nelson St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$91,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $91,800 annually to afford this 2-bedrooms monthly rent price of $2,295.
For more information on rent affordability, visit our rent calculator.
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Internet available near Riverside Estates
Neighborhood
Preston Centre | Cambridge, ON
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Cambridge near 502 Nelson St
Walking
4/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 502 Nelson St, Cambridge
Groceries
2/10
At least one supermarket within a 30-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
3/10
Some bars within walking distance
Explore the area around 502 Nelson St
Ross & Lindsay's No Frills
1515 King St E
Costco Wholesale
4438 King St E
Akwaaba Tropical Market
895 Langs Dr
Kerala Food Court
2435 Eagle St N
Farm Boy
350 Hespeler Rd
Ginny's
644 King St E
Preston Cleaners
134 Westminster Dr N
Gadsby's Clothing Co Inc
758 King St E
Giant Tiger
927 King St E
Costco Wholesale
4438 King St E
Tim Hortons
1460 King St E
Tim Hortons
4396 King St E
Starbucks
45 Sportsworld Dr
Tim Hortons
1055 Fountain D W
Tim Hortons
4285 King St E
Argyle Arms
210 King St E
Fiddle & Firkin
707 King St E
Sidelines Sports Bar & Grill
991 King St E
Williams Fresh Cafe
4500 King St E
Moose Winooski's
20 Heldmann Rd
Sunrise Mills Natural Choice
840 King St E
Rising Dough Bakery
927 King St E
La Cakery
580 Hespeler Rd
Fiddleheads Health & Nutrition
480 Hespeler Rd
British Pride Bakery
125 McGovern Dr
Central Park (Preston)
Cyrus St Park
Ravine Park
John Erb Park
Civic Park
Dairy Queen
328 King St E
Argyle Arms
210 King St E
Riverside Fish Hut
157 King St W
Mr Sub
706 King St E
Cambridge Restaurant
752 King St E
Argyle / Vine
Langs
Argyle / Hamilton
Langs
Rose / Preston High School
Langs, Langs
Fountain / Shantz Hill
Fountain
King / Eagle
206 iXpress, Fountain
Fairway Station
ION Light Rail
Fairway Station
ION Light Rail
Block Line Station
ION Light Rail
Block Line Station
ION Light Rail
Mill Station
ION Light Rail
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