Houses for Sale in Cambridge, Ontario

A Great Place to Call Home, Cambridge OntarioYou're in luck, because you've stumbled upon the best place to find houses for sale in Cambridge Ontario. Whether you're a first-time homebuyer or looking for your forever home, we have something for everyone. Our listings are constantly updated, so be sure to check back often to see the newest properties that hit the market for sale.

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Cambridge Real Estate
February 24, 2024
336
Listed
34
Avg. DOM
$561.18
Avg. $ / Sq.Ft.
$800,000
Med. List Price
336 Properties
Page 1 of 14

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Cambridge, Ontario Overview 

After many inter-municipality qualms, the city of Cambridge, Ontario was founded just 48 years ago when the provincial government combined the former Blair, Hespeler, Preston, and Galt communities. Cambridge sits where the Speed River meets the Grand, and it has three unique historic commercial areas, thanks to the amalgamation. The city is part of the Waterloo Region and is the second-largest community in the area with an estimated population just shy of 149,530 (2021).

Cambridge, Ontario Real Estate

Cambridge is one of the province’s fastest-growing areas. The real estate market remains very stable with an average price of $778,600 (in June 2023) down 3.4% compared to June 2022 after being on the market for only 15 days. This decline is caused by higher interest rates and steep inflation levels. 

The market is starting to cool off a bit. Throughout the beginning of 2023, the city is starting to see a slow down in the number of sales. With the mass influx of people still wanting to move from Toronto, new listings continue to remain fairly stable. Nearly 60% of the properties are single detached homes (average price of a single-family homes was $815,300 - June 2023), while the rest are townhouses ( average price of a townhouse/row units was $610,100 June 2023) or small apartment (average price of an apartment price was $481,900 June 2023) buildings. Most of the occupants are homeowners.

Stats | Prices from wrar.ca

Living in Cambridge, Ontario

View of downtown Cambridge along the Grand RiverCambridge is an extremely mobile city with over 58 km of walking trails and 280 km of off-street trails. The city boasts alternate forms of transportation, such as planes, trains, and buses. The city is serviced by the nearby international airport and train station in neighboring Kitchener. Both Grand River Transit (GRT) and GoTransit buses are available in the city. 

Residents of Cambridge have ample options when it comes to schooling. The city is part of the three following school boards: Waterloo Region District School Board, Waterloo Catholic District School Board, and Conseil scolaire de district catholique Centre-sud. Maybe you are looking for post-secondary education in Cambridge, look no further the city is the home of University of Waterloo School of Architecture. The Conestoga College Institute of Technology and Advanced learning also created a new School of Engineering Technology in the city. Additional post-secondary options are located nearby in the surrounding areas. 

Cambridge is a nature-lovers paradise with countless walking and cycling trails. The limestone cliffs also offer stunning views. After spending some time outside, hop on over to the Cambridge Centre for the Arts to attend one of their programs/workshops. The Toyota Motor Manufacturing Plant also offers tours. Visitors can see up close and personal how the company creates the Lexus RX350 and 450h.

With three historic commercial areas, there are plenty of shopping and dining options in the city. The city is also home to multiple shopping centres, such as the Cambridge Centre and Smart Centres Cambridge. A day out on the town in Cambridge is not complete without coming face-to-face with wild animals. African Lion Safari offers visitors a unique game reserve experience where the humans are caged instead of the animals. If that is not quite your speed, you can spread your wings and explore the Cambridge Butterfly Conservatory.