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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.
Customize YOUR DREAM ESTATE! A collection of 2 custom-built homes presented by Ridgeview Homes. Sitting on over 2 acres of land offering a peaceful escape from the city y...
Listing courtesy of RE/MAX TWIN CITY FAISAL SUSIWALA REALTY.
QUIET FAMILY FRIENDLY NEIGHBOURHOOD MINUTES TO THE 401 in Hespeler. You will fall in love with this 3 bedroom, 2 ½ bath home that has been lovingly cared for and updated...
Listing courtesy of ROYAL LEPAGE CROWN REALTY SERVICES, BROKERAGE.
RARE FIND!! This 2800 sqft. property backs onto A. Wayne Taylor Park, and is one of only a few properties that has gated backyard access to both Saginaw PS and St. Teres...
Listing courtesy of Royal LePage Locations North (Thornbury), Brokerage.
Opportunities like this seldom come up! With prices making homeownership unattainable for some, this may be the answer. This raised bungalow semi (with walkout!) has a 3...
Listing courtesy of ROYAL LEPAGE CROWN REALTY SERVICES INC. - BROKERAGE 2.
Opportunities like this seldom come up! With prices making home ownership unattainable for some, this may be the answer. This raised bungalow semi (with walkout!) has a...
Listing courtesy of ROYAL LEPAGE CROWN REALTY SERVICES INC. - BROKERAGE 2.
According to Google, this amazing, fully reno'd 2+1 bdrm, 2 bth, bungalow is just 7 mins from the 401 making it a commuter’s dream! Located on a massive 74’ x 138’ pool ...
Listing courtesy of ROYAL LEPAGE CROWN REALTY SERVICES, BROKERAGE.
Charming original brick and beam unique one of a kind condo loft design. This open concept layout, soaring ceilings and extra large windows offer a bright and airy feelin...
Listing courtesy of PEAK REALTY LTD..
Welcome Home to 27 Christopher Drive. If you are looking to check the boxes on your wish list whether this is your first home or you are looking to downsize, this home w...
Listing courtesy of EATON REALTY INC., BROKERAGE.
Welcome to #47-10 Isherwood Ave, a gorgeous end unit bungalow townhouse! This stunning home is sure to impress with 1,421sq. ft of living space just on the main floor, an...
Listing courtesy of RE/MAX REAL ESTATE CENTRE INC., BROKERAGE.
Here's your chance to own a single-detached home on a sizeable lot! Great starter home on a quiet residential street. This charming 2 bedroom bungalow located on a large ...
Listing courtesy of ROYAL LEPAGE WOLLE REALTY.
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