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Neighbourhood in Cambridge
Homes for rent in Hespeler Village
Hespeler Village is a quiet neighbourhood in Cambridge, Ontario. It offers a mix of residential homes and local amenities for families and individuals.
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
In Hespeler Village
$642,400
In Cambridge
$699,000
In Ontario
$710,000
Median monthly rent
$2,775/mo
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
9
Median $642,400
Condos 5 · Houses 4
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.
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 yrs751st 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 yrs1,101st 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 yrs1,165th 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 yrs1,729th 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 yrs2,146th 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 yrs2,365th 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
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.
What buyers actually paid
$1,002,800
on a $1,000,000 asking price — over ask by $2,800
- 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.
- Detached$693K28.2%
- Other kinds, too few of each —71.8%
Every month behind these charts — Hespeler Village, sales
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 6 | $725,000 | $645K – $747K | 20 | 98.3% |
| Aug 2026 | 6 | $740,000 | $684K – $931K | 11 | 99.3% |
| Jul 2026 | 3 | Not enough sales this month to report a median | |||
| Jun 2026 | 6 | $641,750 | $599K – $702K | 14 | 99.4% |
| May 2026 | 4 | Not enough sales this month to report a median | |||
| Apr 2026 | 2 | Not enough sales this month to report a median | |||
| Mar 2026 | 4 | Not enough sales this month to report a median | |||
| Feb 2026 | 2 | Not enough sales this month to report a median | |||
| Jan 2026 | 1 | Not enough sales this month to report a median | |||
| Dec 2025 | 2 | Not enough sales this month to report a median | |||
| Nov 2025 | 1 | Not enough sales this month to report a median | |||
| Oct 2025 | 2 | Not enough sales this month to report a median | |||
| Sep 2025 | 2 | Not enough sales this month to report a median | |||
| Aug 2025 | 1 | Not enough sales this month to report a median | |||
| Jul 2025 | 3 | Not enough sales this month to report a median | |||
| Jun 2025 | 3 | Not enough sales this month to report a median | |||
| May 2025 | 3 | Not enough sales this month to report a median | |||
| Apr 2025 | 2 | Not enough sales this month to report a median | |||
| Mar 2025 | 2 | Not enough sales this month to report a median | |||
| Feb 2025 | 2 | Not enough sales this month to report a median | |||
| Jan 2025 | 2 | Not enough sales this month to report a median | |||
| Dec 2024 | 3 | Not enough sales this month to report a median | |||
| Nov 2024 | 3 | Not enough sales this month to report a median | |||
| Sep 2024 | 2 | Not enough sales this month to report a median | |||
| Jul 2024 | 1 | Not enough sales this month to report a median | |||
| Jun 2024 | 2 | Not enough sales this month to report a median | |||
| Apr 2024 | 1 | Not enough sales this month to report a median | |||
| Mar 2024 | 2 | Not enough sales this month to report a median | |||
| Feb 2024 | 1 | Not enough sales this month to report a median | |||
| Jan 2024 | 2 | Not enough sales this month to report a median | |||
| Dec 2023 | 2 | Not enough sales this month to report a median | |||
| Oct 2023 | 3 | 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.
A condo here is its own market
3 condo apartments and 2 condo townhouses 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.