Real Estate for Sale in Downtown Cambridge, Cambridge, ON
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Neighbourhood in Cambridge
Downtown Cambridge
Downtown Cambridge is a vibrant area with a mix of homes and amenities. It offers a community feel with various services nearby.
At a glance
Listed 2 days ago
223 Water Street N
Cambridge (Downtown Cambridge), ON N1R 3B9
DetachedFor Sale
Listed 2 days ago
223 Water Street N
Cambridge (Downtown Cambridge), ON N1R 3B9
MultiplexFor Sale
Listed 2 days ago
29 Victoria Avenue
Cambridge (Downtown Cambridge), ON N1S 1X2
Semi-DetachedFor Sale
Listed 8 days ago
Unit 601, 150 Water Street N
Cambridge (Downtown Cambridge), ON N1R 0B5
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
$549,900
In Downtown Cambridge
$549,900
In Cambridge
$699,894
In Ontario
$718,000
Median monthly rent
$2,200/mo
In Downtown Cambridge
$2,200
In Cambridge
$2,600
In Ontario
$2,500
≈ 20.8 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
19
Median $549,900
Houses 12 · 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 2026-10-13. 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
- Community-oriented with local amenities
- Strong school ratings for families
- Variety of housing types
Keep in mind
- Higher renter percentage than owner percentage
- Limited public transit options
The feel of the placeLifestyle
Residents enjoy a mix of urban and suburban living with easy access to parks and local shops. Daily life is relaxed and community-focused.
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 2026-10-12.
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 yrs401st 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 yrs2,322nd 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 yrs2,642nd 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
A condo here is its own market
10 condo apartments are on the market in Downtown Cambridge right now. Too few have closed here in the last year for us to publish a median we would stand behind.