Cambridge Real Estate Overview
Cambridge has an active and growing real estate market
According to the Cambridge Association of Realtors, the average price for homes sold in April 2013 was $308,672 - up five per cent from April 2012.
The city of Cambridge is an amalgamation of four historically separate communities - Galt, Preston, Hespeler, and Blair. The communities each have a strong sense of identity and enjoy a healthy rivalry with one another. Blair and North Cambridge are the most rural areas. Galt makes up the entire southern half of the city, and encompasses a number of residential neighbourhoods, such as Glenview, Victoria Highlands, and Shade Mills.
- Cambridge Population (2011)126,700
- 5 Year Population Change5.3%
- Number of Homes in Cambridge47,800
Why Buy a Home in Cambridge?
Cambridge is a quiet, friendly community that offers a mix of both rural and urban attractions.
Located on the rich agricultural land along the banks of the Grand River, Cambridge provides a beautiful natural setting with an abundance of trees and fields and over 365 hectares of parkland. Hamilton, Brantford, Guelph, and Kitchener-Waterloo are all within easy driving distance.
Several major Canadian companies have locations in Cambridge and contribute significantly to the local economy, including Toyota, Loblaw, and Frito-Lay. The city's rich culture manifests itself in the form of various festivals and events, such as the Mill Race Festival, the Dragon Boat Festival, and the Highland Games.
Explore Cambridge's Rich Cultural Heritage
The histories of the communities of Galt, Preston, Hespeler, and Blair all begin with the selling of land by the Six Nations around the turn of the nineteenth century.
The land that would go on to form Preston, Hespeler, and Blair was purchased by Loyalist Richard Beasley, and quickly gained the attention of German-speaking Mennonite families from Pennsylvania. The Bechtel, Bowman, Hespeler, and Erb families were all instrumental in developing these communities.
Galt was built on land acquired by William Dickson in 1816, who named it after the Scottish novelist and Commissioner of the Canada Company, John Galt. Like its neighbouring communities, Galt was primarily an agricultural settlement in its early days.
In 1973, the four communities were amalgamated to form the City of Cambridge, although each retains its own unique history and character.
Getting around in Cambridge
Two main arterial roads - Highways 8 and 24 - run through Cambridge and form an "X" at an area known as the Delta. North of the Delta, Highway 401 bisects Hespeler and Preston and runs northeast to Toronto and southwest to London.
Grand River Transit provides operates several bus routes in Cambridge, four of which connect to Kitchener. Greyhound Lines provides intercity service to Toronto, and GO Transit stations can be found nearby in both Kitchener and Milton.
The city maintains over 140 km of on-road cycling lanes, in addition to a network of trails. The scenic Grand River Trails wind all the way down to Paris and up into Kitchener-Waterloo.
Shopping and Amenities
From charming markets to trendy clothing stores, Cambridge has shopping experiences to appeal to everyone. The Cambridge Centre features over 140 shops and services. Canada's largest antique mall can be found in the Southworks Outlet centre, while the Cambridge Farmers' Market is one of Canada's oldest and most popular markets.
Six public skating arenas, five public pools, a lawn bowling club, and a variety of sports fields are located in Cambridge. The recently-completed COM DEV Indoor Soccer Park accommodates the Cambridge Youth Soccer Club.
The Catholic and public school boards operate more than 50 elementary and secondary schools in Cambridge. Conestoga College and the University of Waterloo School of Architecture both have campuses in the city.
Entertainment and Attractions in Cambridge
Cambridge has year-round activities for all ages and interests.
Stroll among thousands of free-flying butterflies in a lush tropical setting at the Cambridge Butterfly Conservatory. Or take a short drive south to African Lion Safari - home to over 1,000 exotic birds and animals from around the world.
The Cambridge Centre for the Arts hosts a variety of events, performances and programs. The Cambridge Farmers' Market is always worth a visit, ranked as one of the top 10 markets in the country.
Cheer on the GOJHL Cambridge Winter Hawks at the Galt Arena Gardens. In the summer, make sure to check out the annual Highland Games in Churchill Park.