Condos for Sale in Downtown Cambridge, Cambridge, ON

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Neighbourhood in Cambridge

Downtown Cambridge

community-oriented family-friendly diverse relaxed

Downtown Cambridge is a vibrant neighbourhood with a mix of residential and commercial spaces. It offers a community feel with various amenities nearby.

Median home price is $512,450 Average rent is $2,200 Good schools with an average rating of 5.5 Diverse housing options available Family-friendly parks and playgrounds

At a glance

Photo of Unit 601, 150 Water Street N
For Sale
Listed for:

Listed 16 days ago

$349,900

Unit 601, 150 Water Street N

Cambridge (Downtown Cambridge), ON N1R 0B5

1Bedroom
1Bathroom
2Parking
600-699Sq Ft

Condo ApartmentFor Sale

Photo of Unit 106, 24 Cedar Street
For SaleRooftop Terrace
Listed for:

Listed Sep 15, 2026

$525,000

Unit 106, 24 Cedar Street

Cambridge (Downtown Cambridge), ON N1S 0B2

1Bedroom
2Bathrooms
1Parking
900-999Sq Ft

Condo ApartmentFor Sale

Photo of Unit 501, 170 Water Street N
For SaleRooftop Terrace
Listed for:

Listed Aug 17, 2026

$399,000

Unit 501, 170 Water Street N

Cambridge (Downtown Cambridge), ON N1R 3B6

2Bedrooms
1Bathroom
1Parking
700-799Sq Ft

Condo ApartmentFor Sale

Photo of Unit 901, 50 Grand Avenue S
For SaleCorner Unit
Listed for:

Listed Aug 11, 2026

$619,900

Unit 901, 50 Grand Avenue S

Cambridge (Downtown Cambridge), ON N1S 2L8

2Bedrooms
2Bathrooms
1Parking
1K-1.2KSq Ft

Condo ApartmentFor Sale

Photo of Unit 903, 50 Grand Avenue S
For SaleOpen House
Listed for:

Listed Jul 22, 2026

$419,000

Unit 903, 50 Grand Avenue S

Cambridge (Downtown Cambridge), ON N1S 0C2

1Bedroom
1Bathroom
1Parking
600-699Sq Ft

Condo ApartmentFor Sale

Photo of Unit 1207, 170 Water Street N
For SalePrice ReducedPenthouseRooftop Terrace
Listed for:

Listed Jun 5, 2026

$379,999

Unit 1207, 170 Water Street N

Cambridge (Downtown Cambridge), ON N1R 3B6

1 + 1Bedrooms
1Bathroom
1Parking
700-799Sq Ft

Condo ApartmentFor Sale

Day to dayLivability

5.5

Schools near listings

out of 10 · averaged over 121 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

$512,450

27% below Cambridge 28% below Ontario

In Downtown Cambridge

$512,450

In Cambridge

$699,000

In Ontario

$711,658

Median monthly rent

$2,200/mo

15% below Cambridge 12% below Ontario

In Downtown Cambridge

$2,200

In Cambridge

$2,600

In Ontario

$2,500

≈ 19.4 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

20

Median $512,450

Houses 13 · Condos 7

For rent

5

Median $2,200

Condos 3 · Houses 2

Recently sold

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Recently leased

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Market data as of 2026-10-20. 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

  • Affordable compared to city median prices
  • Strong community feel
  • Access to schools and parks
  • Variety of local restaurants and cafes

Keep in mind

  • Higher renter percentage
  • Limited public transit options
  • Some areas may be older

The feel of the placeLifestyle

Residents enjoy a relaxed lifestyle with easy access to local amenities. The area is suitable for families and young professionals.

Great for first-time buyers families young professionals

Within the boundaryWhat's nearby

The boundary

3.1 km²

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

12

Parks

7

Playgrounds

2

Grocery stores

10

Restaurants

4

Cafés

2

Libraries

1

Pharmacies

Counted across all 3.1 km² of Downtown Cambridge. From OpenStreetMap, as of 2026-10-19.

The schoolsWhich schools, and how they rate

4.8/10

Average rating of the 3 rated schools in this area

3

Elementary

1

Secondary

  • Galt Collegiate and Vocational Institute

    Public · Grades 9–12 · Waterloo Region DSB

    5.9/105.9 over 5 yrs

    401st of 742 Ontario secondary schools

    960 students · EQAO 2024-2025

  • Central Public School

    Public · Grades JK–6 · Waterloo Region DSB

    4.7/104.4 over 5 yrs

    2,322nd of 3,045 Ontario elementary schools

    255 students · EQAO 2024-2025

  • Manchester Public School

    Public · Grades JK–6 · Waterloo Region DSB

    3.8/103.8 over 5 yrs

    2,642nd of 3,045 Ontario elementary schools

    340 students · EQAO 2024-2025

  • Hatts Off School

    Public · Grades K–12 · Waterloo Region DSB

    Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Downtown 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

6,592

Population (2021)

2.4 km²

Area

2,748

People per km²

44.3

Median age

$66,186

Median income

42%

Own their home

2

People per household

3,280

Households

Every age

  • Children (under 15)11.6%
  • Working age (15–64)67.5%
  • Seniors (65+)20.9%

What is built here

  • Detached houses28.5%
  • Semi-detached5.1%
  • Townhouses5.6%
  • Duplexes7.9%
  • Low-rise apartments30.6%
  • High-rise apartments21.1%
  • Other attached homes1.2%

Own or rent

42%Owners

58%Renters

Across 3,280 households

When it was built

Mostly 1960 or earlier

  • 1960 or earlier52%
  • 1961–198020%
  • 1981–19905%
  • 1991–20005%
  • 2001–20053%
  • 2006–20106%
  • 2011–20153%
  • 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.

21.7%
Born outside Canada
19.4%
Hold a degree or higher
53.1%
Employment rate
4.2%
Commute by transit
89.6%
Commute by car
1.6
Children per family
$59,256
Median income after tax
$78,960
Average household income
14%
Living on a low income
$1,167/mo
Renters pay, per month
$1,304/mo
Owners pay, per month
$537,274
Median home value at census
33.4%
Renters spending 30%+ of income on housing
21.7%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 11 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