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City in Ontario
Houses for sale under $1M in Cambridge
Looking for cheap houses for sale in Cambridge? 322 homes in Cambridge are listed for sale under $1M, which is 86% of everything for sale. Most are detached houses, and the most active neighbourhoods are Christopher-Champlain and Preston Heights.
138,479 people lived in Cambridge at the 2021 Census, in 51,275 households. 69% of households owned their home and 31% rented. The most common homes were single-detached houses (57%) and low-rise apartments (14%). 48% of homes were built before 1981, and 9% since 2011. 92% of commuters went to work by car and 3% by public transit.
Cambridge, Ontario
© Wikimedia Commons contributors (CC BY-SA)
At a glance
Houses for Sale in Cambridge Under $1M
Listed May 14, 2026
Unit 1904, 15 Glebe Street
Cambridge (St. Andrews Estates), ON N1S 0C3
Condo ApartmentFor Sale
Listed May 14, 2026
Unit 1511, 15 Glebe Street
Cambridge (St. Andrews Estates), ON N1S 0C3
Condo ApartmentFor Sale
Listed Apr 7, 2026
539 Halberstadt Circle
Cambridge (Preston Heights), ON N3H 5J7
DetachedFor Sale
Listed Mar 24, 2026
144 Cornell Street
Cambridge (Preston South), ON N3H 1K4
Vacant LandFor Sale
Listed Mar 10, 2026
163 Fountain Street N
Cambridge (Preston North), ON N3H 1H7
MultiplexFor Sale
Listed Jan 19, 2026
Unit 34, 258 Hespeler Road
Cambridge (Galt City Centre), ON N1R 0C9
Freehold TownhouseFor Sale
Day to dayLivability
96
Walkability
out of 100 · averaged over 23,944 past and present listings
Average walk score reported on listings here
6
Schools near listings
out of 10 · averaged over 23,944 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
$699,000
In Cambridge
$699,000
In Ontario
$716,900
Median monthly rent
$2,600/mo
In Cambridge
$2,600
In Ontario
$2,499
$494
Per square foot
≈ 22.4 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
375
Median $699,000
Houses 304 · Condos 71
For rent
110
Median $2,600
Houses 85 · Condos 25
Recently sold
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Recently leased
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Market data as of 2026-08-16. 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
- Diverse housing options available
- Good school score of 6
- Access to several parks
- Active community with restaurants and cafes
Keep in mind
- Prices are above province median for sales
- Limited transit options
- Fewer amenities compared to larger cities
The feel of the placeLifestyle
Daily life in Cambridge is relaxed, with access to parks and local eateries. The community is family-friendly and offers a suburban feel.
Within the boundaryWhat's nearby
The boundary
115.2 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
111
Parks
168
Playgrounds
21
Grocery stores
80
Restaurants
31
Cafés
17
Gyms
5
Libraries
19
Pharmacies
Counted across all 115.2 km² of Cambridge. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
5.9/10
Average rating of the 46 rated schools in this area
54
Elementary
8
Secondary
Islamic School of Cambridge
Independent · LD Private Non-Inspected
10.0/101st of 3,045 Ontario elementary schools
10 students
Ontario Muslim Academy
Independent · LD Private Non-Inspected
9.3/1053rd of 3,045 Ontario elementary schools
12 students
St Vincent de Paul Catholic Elementary School
Catholic · Grades JK–8 · Waterloo CDSB
7.3/106.2 over 5 yrs687th of 3,045 Ontario elementary schools
685 students · EQAO 2024-2025
Silverheights Public School
Public · Grades JK–8 · Waterloo Region DSB
7.2/106.2 over 5 yrs751st of 3,045 Ontario elementary schools
685 students · EQAO 2024-2025
St Augustine Catholic Elementary School
Catholic · Grades JK–8 · Waterloo CDSB
7.2/107.3 over 5 yrs751st of 3,045 Ontario elementary schools
525 students · EQAO 2024-2025
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
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside 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
138,479
Population (2021)
113.0 km²
Area
1,226
People per km²
40.3
Median age
$99,591
Median income
69%
Own their home
2.8
People per household
51,275
Households
Every age
- Children (under 15)17.7%
- Working age (15–64)66.3%
- Seniors (65+)16.0%
What is built here
- Detached houses56.7%
- Semi-detached7.3%
- Townhouses12.2%
- Duplexes3.3%
- Low-rise apartments13.9%
- High-rise apartments5.8%
Own or rent
69%Owners
31%Renters
Across 51,275 households
When it was built
Mostly 1961–1980
- 1960 or earlier23%
- 1961–198026%
- 1981–199013%
- 1991–200015%
- 2001–20058%
- 2006–20106%
- 2011–20154%
- 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.
- 23.3%
- Born outside Canada
- 20%
- Hold a degree or higher
- 58.6%
- Employment rate
- 2.8%
- Commute by transit
- 92.3%
- Commute by car
- 1.8
- Children per family
- $86,673
- Median income after tax
- $112,550
- Average household income
- 8.3%
- Living on a low income
- $1,397/mo
- Renters pay, per month
- $1,597/mo
- Owners pay, per month
- $669,131
- Median home value at census
- 25.6%
- Renters spending 30%+ of income on housing
- 14.1%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 189 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, Photo: © Wikimedia Commons contributors (CC BY-SA)
Common questions about houses for sale under $1M in Cambridge
How many homes in Cambridge sell for under $1M?
322 homes in Cambridge are listed for sale under $1M today, 86% of the 375 homes for sale. Their median asking price is $650,000.
All homes for sale in CambridgeWhat kind of home can I buy in Cambridge for under $1M?
Under $1M, Cambridge has detached houses (163), freehold townhouses (44) and condo apartments (35) for sale. Most have 2 to 5 bedrooms.
Houses for sale in CambridgeMore Homes for Sale in Cambridge
375 homes are for sale in Cambridge. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.
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Cambridge neighbourhoods
- Christopher-Champlain32
- Preston Heights30
- Greenway-Chaplin25
- Blair Road23
- Silver Heights23
- Little's Corners22
- East Galt20
- Grow Community Centre20
- Downtown Cambridge19
- Preston North16
- Fiddlesticks15
- Preston South14
- Galt City Centre12
- Lang's Farm12
- Clemens Mills/Saginaw10
- Hespeler Village9
- Preston Centre9
- Southwood - Kinbridge9
- St. Andrews Estates9
- City Core/Wellington8
- St Andrews/Southwood8
- Westview6
- Alison5
- Hagey4