Condos for Rent in Hespeler Village, Cambridge, ON

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Neighbourhood in Cambridge

Hespeler Village

family-friendly quiet community-oriented

Hespeler Village is a quiet neighbourhood in Cambridge, Ontario. It offers a mix of residential homes and local amenities for families and individuals.

Strong community with a population of 15,964 Median home price is $642,400 Eight elementary schools available Many parks and playgrounds for outdoor activities Low unemployment rate at 9.4%

At a glance

Day to dayLivability

6.3

Schools near listings

out of 10 · averaged over 147 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

$642,400

8% below Cambridge 10% below Ontario

In Hespeler Village

$642,400

In Cambridge

$699,000

In Ontario

$710,000

Median monthly rent

$2,775/mo

7% above Cambridge 11% above Ontario

In Hespeler Village

$2,775

In Cambridge

$2,600

In Ontario

$2,500

≈ 19.3 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

8

Median $642,400

Condos 5 · Houses 3

For rent

2

Median $2,775

Condos 1 · Houses 1

Recently sold

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Recently leased

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Market data as of 2026-10-22. 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

  • Family-friendly environment with good schools
  • Affordable compared to the city median
  • Majority of homes are single-detached
  • Community-oriented with parks and recreational areas

Keep in mind

  • Limited public transit options
  • Fewer dining and grocery choices

The feel of the placeLifestyle

Daily life in Hespeler Village is relaxed, with families enjoying parks and schools. The neighbourhood promotes a sense of community.

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

Within the boundaryWhat's nearby

The boundary

6.8 km²

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

21

Parks

14

Playgrounds

3

Restaurants

1

Cafés

1

Gyms

1

Libraries

Counted across all 6.8 km² of Hespeler Village. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

6.0/10

Average rating of the 6 rated schools in this area

8

Elementary

  • 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

  • Hillcrest Public School

    Public · Grades JK–6 · Waterloo Region DSB

    6.7/107.1 over 5 yrs

    1,101st of 3,045 Ontario elementary schools

    370 students · EQAO 2024-2025

  • Hespeler Public School

    Public · Grades JK–8 · Waterloo Region DSB

    6.6/106.7 over 5 yrs

    1,165th of 3,045 Ontario elementary schools

    650 students · EQAO 2024-2025

  • Our Lady of Fatima Catholic Elementary School

    Catholic · Grades JK–8 · Waterloo CDSB

    5.8/106.2 over 5 yrs

    1,729th of 3,045 Ontario elementary schools

    375 students · EQAO 2024-2025

  • Centennial (Cambridge) Public School

    Public · Grades JK–6 · Waterloo Region DSB

    5.1/104.2 over 5 yrs

    2,146th of 3,045 Ontario elementary schools

    215 students · EQAO 2024-2025

  • Woodland Park Public School

    Public · Grades JK–8 · Waterloo Region DSB

    4.6/105.6 over 5 yrs

    2,365th of 3,045 Ontario elementary schools

    370 students · EQAO 2024-2025

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

15,964

Population (2021)

7.3 km²

Area

2,201

People per km²

40.2

Median age

$117,864

Median income

82%

Own their home

2.9

People per household

5,520

Households

Every age

  • Children (under 15)18.6%
  • Working age (15–64)67.9%
  • Seniors (65+)13.5%

What is built here

  • Detached houses73.5%
  • Semi-detached4.2%
  • Townhouses7.5%
  • Duplexes3.4%
  • Low-rise apartments10.9%

Own or rent

82%Owners

18%Renters

Across 5,520 households

When it was built

Mostly 1961–1980

  • 1960 or earlier19%
  • 1961–198024%
  • 1981–199011%
  • 1991–200020%
  • 2001–200517%
  • 2006–20104%
  • 2011–20152%
  • 2016–20213%

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.

17.9%
Born outside Canada
23.5%
Hold a degree or higher
64.7%
Employment rate
1%
Commute by transit
94.2%
Commute by car
1.8
Children per family
$100,373
Median income after tax
$130,471
Average household income
5%
Living on a low income
$1,484/mo
Renters pay, per month
$1,686/mo
Owners pay, per month
$707,245
Median home value at census
12.7%
Renters spending 30%+ of income on housing
11%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 27 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