Cambridge, Ontario – The Maple Realty

Cambridge, Ontario, is a thriving city known for its vibrant technology sector and rich history. As the birthplace of Google Canada, Cambridge has become a major hub for innovation and entrepreneurship. Beyond its technological advancements, the city offers a charming blend of urban amenities and natural beauty. Visitors can explore the historic downtown core, enjoy outdoor activities in parks and trails, or immerse themselves in the city’s cultural scene. With its unique combination of tradition and modernity, Cambridge provides a captivating experience for all. Cambridge, with a population of 135,161 people, is situated in the Regional Municipality of Waterloo. Known for its historic architecture, picturesque landscapes, and dynamic economy, Cambridge offers a unique blend of small-town charm and urban amenities. The city is divided into three distinct areas: Galt, Preston, and Hespeler, each with its own character and history.

Real Estate Market in the City

Market Characteristics

The real estate market in Cambridge is diverse and steadily growing. The city’s strategic location, combined with its affordable housing and quality of life, makes it an attractive destination for families, professionals, and investors. The market features a mix of residential, commercial, and industrial properties, with increasing demand driving property values upward.

Property Types Available and Prices

Detached Houses: Prices range from CAD 700,000 to CAD 1.3 million, depending on size, age, and location.
Semi-Detached and Townhouses: More affordable options, with prices ranging from CAD 500,000 to CAD 900,000.
Condos: Ideal for singles and small families, with prices ranging from CAD 350,000 to CAD 700,000.
Heritage Homes: Charming older homes with historical significance, priced from CAD 700,000 to over CAD 1 million.
Commercial Properties: Prices vary widely based on size and location, starting from CAD 300,000.
Vacant Land: Available for development, with prices starting from CAD 150,000.

Price of land per square feet is CAD 300 – CAD 600.

Attractions and Lifestyles

Cambridge offers a variety of attractions and lifestyle amenities:

Cambridge Butterfly Conservatory: A tropical paradise home to thousands of butterflies and exotic plants.
Doon Heritage Village: A living history museum depicting life in the early 20th century.
Grand River Trails: Scenic trails along the Grand River for hiking, biking, and nature walks.
Local Festivals: Including the Cambridge Scottish Festival and the Cambridge Fall Fair.
Historic Downtowns: Charming downtown areas in Galt, Preston, and Hespeler, featuring shops, restaurants, and cultural venues.
Outdoor Activities: Numerous parks, conservation areas, and sports facilities for recreation.

Living in the City

Living in Cambridge offers a high quality of life with a strong sense of community. The city has excellent healthcare services, a variety of educational institutions, and numerous shopping and dining options. Cambridge is known for its safe neighborhoods, friendly residents, and vibrant community events. The city’s location along the Grand River provides ample opportunities for outdoor activities and scenic enjoyment.

Summary

Cambridge is a charming and historic city that offers a balanced lifestyle with urban conveniences and a strong sense of community. Its real estate market provides diverse options for buyers, from family homes to heritage properties and affordable condos. With a rich array of attractions, recreational opportunities, and essential amenities, Cambridge is an ideal place to live, work, and explore. The city’s ongoing development and community focus make it a promising destination for both residents and investors.