Cambridge Real Estate Market Reports and Trends

Cambridge Real Estate Market and Guide

Discover Cambridge with our community guide. Get to know this friendly neighbourhood, stay updated on property prices and trends, and find helpful tips for making an informed choice. We also share neighbourhood vibes, school information, and what makes Cambridge a unique community.

Whether you’re looking for open houses, exploring available mortgage options, or finding a local real estate agent, we are here to help you find not just a home, but a lavish lifestyle here in Cambridge, Ontario.

Living in Cambridge, Ontario

Cambridge, Ontario, blends history with modern living. Formed in 1973 by the merger of Galt, Preston, and Hespeler, each area retains its own character, lending the city a unique charm. With its scenic riverfront, historic buildings, and strong community spirit, Cambridge attracts families, professionals, and retirees seeking the ideal lifestyle.

A City filled with History and Growth

Cambridge has a strong industrial history, which you can see in its stone buildings, old factories, and preserved downtowns. Today, the city blends its past with new ideas and growth. In the last several years, more than 1,000 new businesses have opened, the population has grown, and unemployment is lower than the national average. Cambridge gives you the chance to enjoy new opportunities while still feeling the warmth of a small town. Its location is excellent for commuters, with Kitchener and Guelph nearby and Toronto all within reach.

Neighbourhood Vibes

Cambridge presents an opportunity to explore its distinctive neighbourhoods, each contributing unique characteristics and experiences.

  • Galt is known for its historic downtown, with impressive stone buildings, beautiful river views, and cultural spots. The area is lively, with market stalls, the sound of the river, and the smell of fresh-baked goods from local cafes. People who enjoy character and charm often choose Galt.
  • Hespeler Village has a small-town feel, with boutique shops and a close-knit community. As you walk the streets, you’ll notice friendly greetings and neighbours stopping to chat, which adds to the welcoming atmosphere.
  • Preston is a central, historic area with easy access to amenities and a family-friendly vibe. The neighbourhood is lively, with families out and about and plenty of local places to eat.
  • West Galt is a favourite for families because of its good schools, large homes, and lovely parks. Kids often play in the yards, and parents enjoy the quiet, tree-lined streets.
  • Fiddlesticks is a newer neighbourhood with large houses and lots of green space, making it great for families who want room to grow. The area is quiet and family-friendly.

Cambridge combines small-town friendliness with city conveniences. Residents enjoy riverside walks, local shops, and a variety of events. Studies show that walkable cities enhance happiness and community well-being, while shorter commutes improve quality of life. Whether you’re a young professional or a family, Cambridge offers a relaxed and connected lifestyle.

Property Pulse

The housing market in Cambridge is as varied as its neighbourhoods. Find historic stone homes in Galt, century houses in Preston, and cozy single-family properties in Hespeler. Families often opt for single-family homes with large yards, while young buyers and professionals tend to prefer the modern riverside townhouses and condominiums in the Galt area.

Cambridge is growing, with new developments adding more choices. It’s more affordable than homes in Kitchener and Waterloo. There are homes for almost every budget and lifestyle. If you’re looking to rent, you’ll find options in both older and newer neighbourhoods. Rent here is much lower than in Toronto, which makes Cambridge a good choice if you’re not ready to buy.

Community Canvas

Cambridge’s strength is its people. Residents from many backgrounds create a vibrant community. Farmers’ markets, festivals, and events bring neighbours together.

The arts scene flourishes. Historic downtowns host music, theatre, and cultural events, while galleries and artisan shops highlight local creativity. Families benefit from excellent schools, such as St. Benedict Catholic Secondary School and Jacob Hespeler Secondary School, which are known for their strong academic programs and diverse extracurricular activities. Healthcare services are also robust, with facilities like Cambridge Memorial Hospital providing comprehensive medical care. Sports leagues and volunteer opportunities help everyone feel a sense of involvement.

What You’ll Love

Cambridge is a fantastic destination for outdoor activities. The Grand River flows through the city, providing excellent opportunities for kayaking, canoeing, and fishing. Additionally, there are numerous trails and parks suitable for walking, cycling, and hiking, making it an excellent place for families and nature enthusiasts who appreciate easy access to green spaces.

The city also boasts a vibrant dining and shopping scene. You can find a variety of local cafes, bakeries, and restaurants offering cuisine from around the world. There are unique shops and markets to explore as well. Being conveniently located near Kitchener, Waterloo, and Guelph means there are even more activities available nearby. A drive to Toronto typically takes about 60 to 90 minutes, while Kitchener and Guelph are just 20 to 30 minutes away. For daily travel, you can also utilize GO Transit and regional buses.

Why Choose Cambridge?

Cambridge offers a well-rounded environment for all residents, making it an appealing place to live.

The city combines rich history and character with modern conveniences, fostering a welcoming and inclusive community. Families appreciate the quality schools, parks, and safe neighbourhoods. Professionals value the convenient location and job opportunities available. Retirees enjoy the slower pace of life, natural beauty, and a strong sense of community.

For homebuyers, Cambridge represents more than just a place to reside; it provides an opportunity to experience the warmth of small-town living alongside numerous city benefits. Residents can stroll along the river, participate in festivals, or relax at home.

What is the average home price in Cambridge?

As of today, March 17th, the average home price in Cambridge is $1,006,244.

Who is the best agent in Cambridge?

The best real estate agent in Cambridge really depends on what you’re looking for. There are many great agents and teams here who are known for their local knowledge, friendly approach, and strong negotiation skills. If you're looking for a local real estate representative, we can help connect you with an agent in the area.

Who is the best Moving Company in Cambridge?

Moving between homes should be an enjoyable experience, not a stressful one. To make this move to Cambridge seamless, choose a thorough residential moving service equipped to manage each phase of the moving process. Select a company that excels in meticulous packing using premium materials and secure transportation for your possessions. When evaluating these options, look for a moving company with strong client testimonials and recognized, award-winning service.

Moving Company Cambridge - Macho Movers

A moving company such as Macho Movers would be the ideal partner to help you make that move to Cambridge. Book a moving appointment today.

March 2026 Mortgage Report

Review this month's current mortgage rates and how they compare versus 6 months for fixed and variable rates with our quick reference Mortgage Rate Report.

Latest mortgage rates

RatesMar 2026Sep 2025 (6 months)
3 Year Fixed3.94% 4.19%
3 Year Variable3.75% 4.35%
5 Year Fixed3.99% 3.99%
5 Year Variable3.55% 3.90%
Mortgage rates provided by nesto.ca

A valid purchase price is needed. Please try again.

A mortgage is often a necessary part of buying a home, but it can be challenging to understand what you can afford. This calculator can help you estimate mortgage payment options based on the purchase price. To help you get started, we entered the average price of homes listed on the Cambridge real estate market.

Purchase Price $1,006,244

The purchase price dictates how much to borrow. Enter the price of the home you are interested in buying to determine your estimate monthly payments.

Down Payment $50,312 (at 5% down)

The amount of money you pay up front to obtain a mortgage. The minimum down payment is 5% and for down payments of less than 20%, home buyers are required to purchase mortgage default insurance, commonly referred to as CMHC insurance.

Mortgage Insurance $34,414

Mortgage default insurance, commonly referred to as CMHC insurance, protects the lender in the case the borrower defaults on the mortgage. Mortgage default insurance is required on all mortgages with down payments of less than 20%, which are known as high ratio mortgages. Mortgage default insurance is calculated as a percentage and is applied to your mortgage amount.

Mortgage Amount $990,346

The price of your new home, less the down payment, plus mortgage insurance, if applicable.

Mortgage Rate 3.94%

The rate of interest you will pay on the outstanding balance of your mortgage.

Mortgage Type 3 Year Fixed

The mortgage type includes the term of the mortgage, between 1 and 10 years and the rate type, variable or fixed. The mortgage term is the length of time you commit to the terms, conditions and mortgage rate. The mortgage rate type can be fixed for the duration of the term or variable, fluctuating with the prime rate. Fixed rates are most popular and represent 66% of all mortgages, according to the Canadian Association of Accredited Mortgage Professionals.

$4,997 (monthly)
$2,304 (biweekly)
$2,499 (accelerated)

Found a house on MoveMeTo.com that you like? Use our mortgage calculator to determine a mortgage payment option and affordability with the latest mortgage rates to determine the right type of mortgage for you.

We want to help you with moving to Cambridge Ontario. Contact our preferred mortgage experts to work with an agent on a personalized mortgage solution with a guaranteed low Mortgage Rate from the get-go with nesto!

Mortgage Experts Talk to a Mortgage Expert Now

Cambridge Open Houses

As a potential buyer, an open house opens the door to help you make an informed decision about a property before making an offer. Check below for properties with open houses currently listed on the MLS® market in Cambridge.

For further benefits of visiting an Open house if you are a buyer or hosting an open house if you are a seller. Check out our questions & answers for buyers and sellers.

Open House Questions and Answers

What are the benefits of visiting an Open House as a home buyer?

They allow you to preview properties in person before putting in an offer. They will enable you to gain neighbourhood insights by talking with nearby neighbours. They allow you to ask the listing agent about the current market trends for that neighbourhood and find out details such as upgrade options and needed renovations. They also allow you to feel less anxious and overwhelmed when you put in an offer.

What are the benefits of having an Open House as a home seller?

They allow you to increase the visibility of your home and shorten its time on the market. They allow you to attract additional buyers who may be early in the home-buying process. They allow you to set your house apart from the other listings within the same price range. They also allow you to make it easier on buyers unsure if your home or neighbourhood fits their needs.

For more information on buying and selling real estate in Ontario. Check out our Buyer and Seller Guides.

Buyers GuideSellers Guide

Start your Cambridge Home Search the right way with these Four Search Options

At MoveMeTo.com you can personalize your search results to fit you. Narrow down quickly and efficiently the properties that you are interested in by using one of these search options.

Search Homes Near Me

Are you in the Cambridge area right now? Click on the map to browse available properties in Cambridge near your current GPS location. Personalize your distance between 2KM and 20KM to allow you to narrow in on what is available right now near you. Search Near Me Now.

Cambridge Homes Near Me Search

405 Properties
Available

Search Types of Properties in Cambridge

Have a specific type of property in mind? Check out listings within Cambridge by property type. Find condos, single-family homes, farms, waterfront properties and more with our Property Type Search.

Search Latest Properties on the Market

Discover homes and condos as they get added to the real estate market by exploring MLS® listings published within the last fourteen or thirty days. Don't miss out on grabbing the best properties in Cambridge.

Search Nearby Communities

Are you exploring your options on where to buy and not set on an exact community or neighbourhood? To expand your search for properties, check out one of these nearby communities.

Helping you find the Best Real Estate Agent to work with in Cambridge Ontario

Finding the Best Real Estate Agents in Cambridge

Buying and selling real estate can be a long and sometimes stressful process. However, with the best REALTOR® on hand to help, you can ensure the process is much simpler to navigate. So let us help you find the best qualified REALTOR® with expert knowledge of Cambridge, Ontario, to guide you through the real estate market to make buying and selling easier.

Have questions about real estate and don't know where to begin? Connect with the best real estate agents in Cambridge to guide you through the process.

Please be advised that TRESA Rules and Regulations restrict the information that another Brokerage or REALTOR® can provide. Therefore, any further information must be sought directly from the agent you are under contract with.

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Please Note: Information you supply in the contact form will be kept fully confidential.