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City in Ontario

Condos for sale in Cambridge

Name: HOMEH Market Pulse — Cambridge closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

There are 35 condos and apartments for sale in Cambridge today, with a median asking price of $429,450 (-39% vs. all homes in Cambridge). 7 are new condos in Cambridge, under five years old. The most active neighbourhoods are Christopher-Champlain, Downtown Cambridge and Preston North.

family-friendly suburban community-oriented

138,479 people lived in Cambridge at the 2021 Census, in 51,275 households. 69% of households owned their home and 31% rented. The most common homes were single-detached houses (57%) and low-rise apartments (14%). 48% of homes were built before 1981, and 9% since 2011. 92% of commuters went to work by car and 3% by public transit.

Population: 138,479 Four parks available Eighteen bus stops

Cambridge, Ontario

Condos in Cambridge

Day to dayLivability

Walkability

out of 100 · averaged over 23,944 past and present listings

Average walk score reported on listings here

Schools near listings

out of 10 · averaged over 23,944 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$699,000

2% below Ontario

In Cambridge

$699,000

In Ontario

$716,900

Median monthly rent

$2,600/mo

4% above Ontario

In Cambridge

$2,600

In Ontario

$2,499

$494

Per square foot

≈ 22.4 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

379

Median $699,000

Houses 309 · Condos 70

For rent

105

Median $2,600

Houses 82 · Condos 23

Recently sold

Recently leased

Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Diverse housing options available
Good school score of 6
Access to several parks
Active community with restaurants and cafes

Keep in mind

Prices are above province median for sales
Limited transit options
Fewer amenities compared to larger cities

The feel of the placeLifestyle

Daily life in Cambridge is relaxed, with access to parks and local eateries. The community is family-friendly and offers a suburban feel.

Great for first-time buyers families those seeking a quieter lifestyle

Within the boundaryWhat's nearby

The boundary

115.2 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

111

Parks

168

Playgrounds

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 115.2 km² of Cambridge. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

5.9/10

Average rating of the 46 rated schools in this area

Elementary

Secondary

Islamic School of Cambridge
Independent · LD Private Non-Inspected
10.0/10
1st of 3,045 Ontario elementary schools
10 students
Ontario Muslim Academy
Independent · LD Private Non-Inspected
9.3/10
53rd of 3,045 Ontario elementary schools
12 students
St Vincent de Paul Catholic Elementary School
Catholic · Grades JK–8 · Waterloo CDSB
7.3/106.2 over 5 yrs
687th of 3,045 Ontario elementary schools
685 students · EQAO 2024-2025
Silverheights Public School
Public · Grades JK–8 · Waterloo Region DSB
7.2/106.2 over 5 yrs
751st of 3,045 Ontario elementary schools
685 students · EQAO 2024-2025
St Augustine Catholic Elementary School
Catholic · Grades JK–8 · Waterloo CDSB
7.2/107.3 over 5 yrs
751st of 3,045 Ontario elementary schools
525 students · EQAO 2024-2025
St Elizabeth Catholic Elementary School
Catholic · Grades JK–8 · Waterloo CDSB
7.2/107.2 over 5 yrs
751st of 3,045 Ontario elementary schools
415 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Cambridge, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

138,479

Population (2021)

113.0 km²

Area

1,226

People per km²

40.3

Median age

$99,591

Median income

69%

Own their home

2.8

People per household

51,275

Households

Every age

Children (under 15)17.7%
Working age (15–64)66.3%
Seniors (65+)16.0%

What is built here

Detached houses56.7%
Semi-detached7.3%
Townhouses12.2%
Duplexes3.3%
Low-rise apartments13.9%
High-rise apartments5.8%

Own or rent

69%Owners

31%Renters

Across 51,275 households

When it was built

Mostly 1961–1980

1960 or earlier23%
1961–198026%
1981–199013%
1991–200015%
2001–20058%
2006–20106%
2011–20154%
2016–20215%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

23.3%
Born outside Canada: 20%
Hold a degree or higher: 58.6%
Employment rate: 2.8%
Commute by transit: 92.3%
Commute by car: 1.8
Children per family: $86,673
Median income after tax: $112,550
Average household income: 8.3%
Living on a low income: $1,397/mo
Renters pay, per month: $1,597/mo
Owners pay, per month: $669,131
Median home value at census: 25.6%
Renters spending 30%+ of income on housing: 14.1%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 189 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

HOMEH Market Pulse Condo apartments only Through September 2026 Moderate sales history

What Condos in Cambridge Sell For

At least 45 condos changed hands in Cambridge over the 12 months to September 2026. Half sold above $391,267 and half below, 16.8% lower than the 12 months before. A typical condo found its buyer in 50 days — 7 days slower than a year ago.

6 of the last 12 months had at least 5 closed condos sales in Cambridge. Quieter months are left out rather than shown as a median over a handful of homes, so the totals here are a floor.

Median sold price: $391K; -16.8% year over year
Days to sell: 50; 7 days slower
Sales closed: 45; last 12 months
Per square foot: $414; from 44 sized sales

Three years of sold prices

The line is the median. The band is the middle half of every sale — how wide it runs tells you how much one condo here differs from the next.

$704K$553K$403K$253K

Mar ’24Nov ’24Oct ’25Sep ’26

Median sold price Middle half of sales

What buyers actually paid

$971,400

on a $1,000,000 asking price — under ask by $28,600

−10%Asking price+10%

Of the asking price: 97.1%
Sold over asking: 11.1%

From 45 sales that closed here in the last 12 months.

Rent or buy in Cambridge

15.1 years

of rent, at the going rate here, adds up to what a condo here costs.

Median sold price

$391,267

45 sales

Median rent

$2,165/mo

30 leases

Gross rental yield

6.64%

before costs

Both figures come from deals that actually closed in Cambridge over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

How fast it moves

Median days on market, month by month. Taller means slower.

Mar 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Cambridge, sales

Monthly closed sales in Cambridge
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	5	$420,000	$334K – $455K	28	97.7%
Jul 2026	8	$297,000	$284K – $333K	48	96.8%
Jun 2026	8	$464,500	$412K – $611K	77	97.3%
May 2026	6	$445,000	$352K – $584K	41	96.9%
Mar 2026	10	$402,500	$389K – $416K	50	97.3%
Oct 2025	8	$340,000	$317K – $389K	43	96.9%
Jul 2025	5	$525,000	$325K – $615K	32	98.5%
Jun 2025	8	$474,900	$421K – $572K	45	96.9%
May 2025	8	$433,500	$383K – $479K	36	98.5%
Feb 2025	6	$446,500	$441K – $540K	51	98.1%
Jan 2025	5	$436,000	$391K – $580K	42	97.7%
Nov 2024	7	$492,500	$443K – $673K	61	98.5%
Oct 2024	5	$500,000	$430K – $580K	28	98.1%
Aug 2024	8	$432,400	$388K – $514K	34	98.9%
Jul 2024	6	$400,000	$395K – $473K	28	98.8%
Apr 2024	6	$455,000	$419K – $488K	46	97.9%
Mar 2024	9	$495,000	$415K – $545K	32	99.0%

What people ask about Cambridge

How much does a condo cost in Cambridge?

Condos in Cambridge sold for a median of $391,267 over the 12 months to September 2026, across at least 45 closed sales — half sold for more and half for less. That is 16.8% lower than the 12 months before it.

How long does it take to sell a condo in Cambridge?

A condo in Cambridge took a median of 50 days on the market over the 12 months to September 2026. Condos there closed at 97.1% of the asking price on average, with 11.1% selling over asking.

How much is rent for a condo in Cambridge?

The median condo lease in Cambridge closed at $2,165 a month over the 12 months to September 2026, across at least 30 leases.

Is it cheaper to rent or buy a condo in Cambridge?

A condo in Cambridge costs about 15.1 years of the rent on one — the median price of $391,267 against a median rent of $2,165 a month, a gross yield of 6.64%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from sales reported closed in Cambridge on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one condo. Not an appraisal or an opinion of value.

Questions, answered

Common questions about condos for sale in Cambridge

How much is a condo in Cambridge?

The median asking price of the 35 condos for sale in Cambridge is $429,450, from $299,900 to $1,259,000. 35 are listed under $700K.

Condos under $700K in Cambridge

What are typical condo fees in Cambridge?

36 of the 35 condos for sale in Cambridge list a monthly maintenance fee. The median is $652/mo, and the middle half pay between $586 and $753 a month.

Work out what you can afford

Which Cambridge neighbourhoods have the most condos for sale?

Christopher-Champlain has the most, with 7 condos for sale, followed by Downtown Cambridge (7) and Preston North (5).

Homes for sale in Christopher-Champlain

Keep looking

More Condos for Sale in Cambridge

379 homes are for sale in Cambridge. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.