Houses for Sale in Cambridge, Ontario
You'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 you're 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 come up for sale.
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 is touching all-time highs with an average price of $848,600 (in November 2021) up 38.7% compared to November 2020 after being on the market for only 12 days. Some attribute this rapid growth to the mass exodus of people leaving cities in pursuit of homeownership throughout 2020.
The market has not cooled down since. Throughout the beginning of 2021, the city saw almost double the number of sales (at higher prices, too!) To cope with the mass influx of people, new listings continue to set records and keep the market sustainable. Nearly 60% of the properties are single detached homes (average price of a single-family homes was $867,700 - November 2021), while the rest are townhouses ( average price of a townhouse/row units was $631,400 November 2021) or small apartment (average price of an apartment price was $681,200 November 2021) buildings. Most of the occupants are homeowners
Stats | Prices from CREA
Living in Cambridge, Ontario
Cambridge 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. For post-secondary education, the University of Waterloo School of Architecture is located in Cambridge. 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 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.
Need help buying or selling a home? Look no further! Our Cambridge real estate agents are the local experts and can answer all of your questions about the area. We'll help you every step of the way, from finding the perfect home to securing the best deal. Contact us today for a free consultation!
When it comes time to sell your home, you want to make sure you're getting the best return on your investment. Our experienced agents can help you do just that, with up-to-date market information and knowledge of the Cambridge area. We'll work hard to get you the best price for your home, and help make the process as smooth as possible.
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