Real Estate for Sale in Hespeler Village, Cambridge, ON

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Neighbourhood in Cambridge

Hespeler Village

family-friendly community-oriented quiet

Hespeler Village is a charming neighbourhood in Cambridge, Ontario. It offers a mix of residential homes and community amenities, making it a pleasant place to live.

Median home price: $702,400 Median rent price: $2,775 Diverse housing options available

At a glance

Photo of 211 Melran Drive
For Sale
Listed for:

Listed 10 days ago

$719,900

211 Melran Drive

Cambridge (Hespeler Village), ON N3C 4E5

3Bedrooms
2Bathrooms
1Garage
1.1K-1.5KSq Ft

DetachedFor Sale

Photo of Unit 3, 90 Alderson Drive
For SaleFinished Basement
Listed for:

Listed 16 days ago

$799,000

Unit 3, 90 Alderson Drive

Cambridge (Hespeler Village), ON N3C 0E4

3Bedrooms
4Bathrooms
1Garage
1.5K-2KSq Ft

DetachedFor Sale

Photo of Unit 263, 40 Tannery Street E
For SalePrice Reduced
Listed for:

Listed 26 days ago

$314,900

Unit 263, 40 Tannery Street E

Cambridge (Hespeler Village), ON N3C 2B9

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

Condo ApartmentFor Sale

Photo of Unit 201, 19 Guelph Avenue
For SaleFrequently Listed
Listed for:

Listed Sep 3, 2026

$499,900

Unit 201, 19 Guelph Avenue

Cambridge (Hespeler Village), ON N3C 1A2

1Bedroom
1Bathroom
1Parking
800-899Sq Ft

Condo ApartmentFor Sale

Photo of 223 Melran Drive
For SalePrice ReducedFinished Basement
Listed for:

Listed Sep 2, 2026

$684,900

223 Melran Drive

Cambridge (Hespeler Village), ON N3C 4E5

3Bedrooms
2Bathrooms
1Garage
1.1K-1.5KSq Ft

DetachedFor Sale

Photo of 527 River Road
For SaleWalk-Out Basement
Listed for:

Listed Jun 11, 2026

$1,985,000

527 River Road

Cambridge (Hespeler Village), ON N3C 2B8

4 + 1Bedrooms
4Bathrooms
4Garage
2.5K-3KSq Ft

DetachedFor Sale

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

$702,400

On par with Cambridge 2% below Ontario

In Hespeler Village

$702,400

In Cambridge

$699,900

In Ontario

$718,000

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

≈ 21.1 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

8

Median $702,400

Houses 5 · Condos 3

For rent

2

Median $2,775

Condos 1 · Houses 1

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-14. 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 many schools
  • Access to parks and playgrounds
  • Stable community with a high ownership rate
  • Good median income for residents

Keep in mind

  • Median home prices are above city median
  • Limited public transit options
  • Few restaurants and grocery stores nearby

The feel of the placeLifestyle

Daily life in Hespeler Village is relaxed, with a focus on community and family. Residents enjoy local parks and schools.

Great for families first-time buyers those seeking a suburban 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 2026-10-12.

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 Market Pulse Through September 2026 Moderate sales history

What homes in Hespeler Village actually sell for

39 homes changed hands in Hespeler Village over the 12 months to September 2026. Half sold above $739,297 and half below, 6.9% lower than the 12 months before. A typical home found its buyer in 19 days — 3 days quicker than a year ago.

Median sold price
$739K
-6.9% year over year
Days to sell
19
3 days quicker
Sales closed
39
last 12 months
Per square foot
$475
from 39 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 home here differs from the next.

$958K$829K$701K$573K
Oct ’23Dec ’24Nov ’25Sep ’26
Median sold price Middle half of sales

What buyers actually paid

$1,002,800

on a $1,000,000 asking price — over ask by $2,800

−10%Asking price+10%
Of the asking price
100.3%
Sold over asking
41%

From 39 sales that closed here in the last 12 months.

What actually trades in Hespeler Village

A single median hides this: the mix of homes behind it, and what each kind costs.

39sales
  • Detached$693K28.2%
  • Other kinds, too few of each —71.8%
Every month behind these charts — Hespeler Village, sales
Monthly closed sales in Hespeler Village
MonthClosedMedianMiddle halfDays% of ask
Sep 20266$725,000$645K – $747K2098.3%
Aug 20266$740,000$684K – $931K1199.3%
Jul 20263 Not enough sales this month to report a median
Jun 20266$641,750$599K – $702K1499.4%
May 20264 Not enough sales this month to report a median
Apr 20262 Not enough sales this month to report a median
Mar 20264 Not enough sales this month to report a median
Feb 20262 Not enough sales this month to report a median
Jan 20261 Not enough sales this month to report a median
Dec 20252 Not enough sales this month to report a median
Nov 20251 Not enough sales this month to report a median
Oct 20252 Not enough sales this month to report a median
Sep 20252 Not enough sales this month to report a median
Aug 20251 Not enough sales this month to report a median
Jul 20253 Not enough sales this month to report a median
Jun 20253 Not enough sales this month to report a median
May 20253 Not enough sales this month to report a median
Apr 20252 Not enough sales this month to report a median
Mar 20252 Not enough sales this month to report a median
Feb 20252 Not enough sales this month to report a median
Jan 20252 Not enough sales this month to report a median
Dec 20243 Not enough sales this month to report a median
Nov 20243 Not enough sales this month to report a median
Sep 20242 Not enough sales this month to report a median
Jul 20241 Not enough sales this month to report a median
Jun 20242 Not enough sales this month to report a median
Apr 20241 Not enough sales this month to report a median
Mar 20242 Not enough sales this month to report a median
Feb 20241 Not enough sales this month to report a median
Jan 20242 Not enough sales this month to report a median
Dec 20232 Not enough sales this month to report a median
Oct 20233 Not enough sales this month to report a median

29 of these months closed fewer than 5 sales. A middle value taken over that few is not a market figure — with one sale it is simply that home's closing price — so the count is shown and the median is not. The sales themselves still count toward the 12-month figures above.

What people ask about Hespeler Village

How much does a home cost in Hespeler Village?

Homes in Hespeler Village sold for a median of $739,297 over the 12 months to September 2026, across 39 closed sales — half sold for more and half for less. That is 6.9% lower than the 12 months before it.

How long does it take to sell a home in Hespeler Village?

A home in Hespeler Village took a median of 19 days on the market over the 12 months to September 2026. Homes there closed at 100.3% of the asking price on average, with 41.0% selling over asking.

Compiled by HOMEH from sales reported closed in Hespeler Village 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 home. Not an appraisal or an opinion of value.

Condos in Hespeler Village

A condo here is its own market

3 condo apartments and 1 condo townhouse are on the market in Hespeler Village right now. Too few have closed here in the last year for us to publish a median we would stand behind.