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The City of Cambridge is a growing mid-sized city in southwestern Ontario. Cambridge, Ontario was created in 1973 when the settlements of Galt, Preston, Hespeler and Blair amalgamated to form the city. Cambridge has a total population of 129,920 people, representing 24% of the Regional Municipality of Waterloo’s 535,154 total. Cambridge is located along the 401, north of Brantford and northwest of Hamilton. Together with the nearby cities of Kitchener and Waterloo, Cambridge forms what is sometimes known as the Tri-Cities. The Grand River and Speed River both flow through Cambridge, meeting on the west end of the city.
Due to its proximity to the GTHA, Cambridge is among some of the fastest growing cities in southwestern Ontario. Between the other Tri-City markets in Kitchener and Waterloo, Cambridge ranks as the most affordable.
By the end of 2019, the average price for a condo or townhouse was about $400,000 while the average sale price for a single-family property was about $550,000. Cambridge’s real estate market is growing: new listings, sales and prices are all increasingly annually. So far in 2020, the year-to-date average for a property in Cambridge is about $575,000. The average is increasing following a record-breaking summer of sales.
Listings across the city range from condominiums and older, semi-detached houses in the high $200,000s to multi-million dollar estates with substantial acreage.
Cambridge, Ontario Features
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Cambridge is the southernmost city of the Tri-City region. Kitchener and Waterloo are about 30 minutes away from Cambridge. The city’s location along the 401 connects Cambridge with Milton and Mississauga. The Toronto Pearson International Airport is just under an hour away from Cambridge.
Education opportunities in Cambridge are important for families with students of all ages. The two largest public school boards in Cambridge are the Waterloo Region District School Board and the Waterloo Catholic District School Board. Between the pair, there are over 25 elementary schools and seven high schools in the city. As for post-secondary programs, Cambridge is close to the University of Guelph, Wilfrid Laurier University and the University of Waterloo. The University of Waterloo School of Architecture campus and a Conestoga College campus are located in Cambridge.
After its formation in the 1970s, the new City of Cambridge had three commercial cores from the amalgamated communities of Galt, Preston and Hespeler. Those three historic communities - as well as the Village of Blair - also provide the newer city with distinct, rich heritages.
Living in Cambridge, Ontario means that the best attractions of the Waterloo Region are always nearby. One well-known local attraction is the popular Cambridge Butterfly Conservatory - a chance to see exotic insects and plants in-person. Chicopee Ski & Summer Resort, which is located between Kitchener and Cambridge, is an all-season recreation destination with tubing, skiing and snowboarding in the winter and disc golf, bike trails, tennis and beach volleyball in the spring and summer.
Cambridge, Ontario is a great option for home-buyers looking for a growing city with a great location. Whether you are moving to Cambridge with a family, as a student or as a young professional, there are fantastic opportunities for any kind of buyer!
Gearing up to buy or sell a home soon in Cambridge? Call Team Forster at 519 851 2844. Your neighborhood Cambridge realty team is here to help navigate the Cambridge real estate market.
Your family just needs to move in to make this house a home! Don't miss out, book your private showing today! (id:5764)
Listing courtesy of RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3.
BLAIR WOODS is a collection of ten bungalow + loft townhomes nestled in a mature West Galt neighbourhood. This curated Elm model offers over 2000sqft plus an unfinished b...
Listing courtesy of RE/MAX TWIN CITY FAISAL SUSIWALA REALTY.
BLAIR WOODS is a collection of ten bungalow + loft townhomes nestled in a mature West Galt neighbourhood. This curated Oak model offers 2000sqft plus an unfinished baseme...
Listing courtesy of RE/MAX TWIN CITY FAISAL SUSIWALA REALTY.
BLAIR WOODS is a collection of ten bungalow + loft townhomes nestled in a mature West Galt neighbourhood. This curated Maple model offers over 2000sqft plus an unfinished...
Listing courtesy of RE/MAX TWIN CITY FAISAL SUSIWALA REALTY.
Welcome to 31 Sandalwood Drive in Cambridge! This impeccably renovated property offers over 1,800 square feet of luxurious living space, complete with a one-car garage, t...
Listing courtesy of SHAW REALTY GROUP INC..
Absolutely Gorgeous Townhouse With 3 Bed & 3 Bath & (((Walk-Out Basement))). Modern Eat-In KitchenWith Stainless Steel Appliances!Granite counter and w/o to Deck. Good Si...
Listing courtesy of COLDWELL BANKER DREAM CITY REALTY.
Superb Upgrade Opportunity On The Best Street (Only Dead End Court) Of One Of the Millpond Subdivision Surrounded By The Greenspace. Rare 50' Wide Huge Pool Sized Pie Sha...
Listing courtesy of KINGSWAY REAL ESTATE.
Luxurious Brand-New Corner Freehold Townhouse like Semi with Finished Basement & Separate Entrance. New Development Nestled in Quiet, Mature, & Family-friendly neighbourh...
Listing courtesy of HOMELIFE/MIRACLE REALTY LTD.
Solid Built brick/vinyl siding freehold townhome in a quiet area walking distance to schools, shopping and public transit. 3 Bedrooms, 3 bathrooms, walk out from dining ...
Listing courtesy of GoWest Realty Ltd., Brokerage.
Spacious condo with impeccable views!! Bright white kitchen with eating area; large living and dining room with newer laminated flooring and with access to balcony; ceram...
Listing courtesy of RE/MAX REAL ESTATE CENTRE INC., BROKERAGE.
Welcome to this charming 3 bedroom end unit townhome, ideally situated just minutes away from Hwy 401 for easy commuting. Step inside to a spacious and inviting living ar...
Listing courtesy of Century 21 Heritage House LTD.
3 Bedroom, 3 bathroom condo, with finished walk-out basement. Low condo fees of $257.00. Carpet-free home. The kitchen comes with all appliances, New fridge 2024, deck of...
Listing courtesy of Peak Realty Ltd..
WELCOME HOME! Situated on a mature quiet court in West Galt, this could very well become your forever home. Large pie shaped lot just shy of being ¼ of an acre. MAIN FLOO...
Listing courtesy of RE/MAX TWIN CITY REALTY INC., BROKERAGE.
Welcome to your future home at 44 Mullholland Ave! This exceptional property offers an abundance of space and comfort, featuring 4 bedrooms and 4 bathrooms above ground, ...
Listing courtesy of SAVE MAX REAL ESTATE INC..
Standing proudly atop a tree-lined street, this stately 3,000sqft double-bricked residence dates originally from 1890, but has been comprehensively modernized in recent y...
Listing courtesy of Chestnut Park Realty Southwestern Ontario Ltd., Brokerage.
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