Real Estate for Rent in Silver Heights, Cambridge, ON
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Neighbourhood in Cambridge
Silver Heights
Silver Heights is a family-friendly neighbourhood in Cambridge. It offers a mix of residential homes and amenities for daily living.
At a glance
Listed 1 day ago
31 Pickett Place
Cambridge (Silver Heights), ON N3E 0B7
DetachedFor Rent
Listed 5 days ago
103 Blackbird Circle
Cambridge (Silver Heights), ON N3C 0A9
Freehold TownhouseFor Rent
Listed 20 days ago
Unit 21, 124 Compass Trail
Cambridge (Silver Heights), ON N3E 0E3
Condo TownhouseFor Rent
Listed 20 days ago
8 Dressage Trail
Cambridge (Silver Heights), ON N3E 0C3
DetachedFor Rent
Day to dayLivability
6.7
Schools near listings
out of 10 · averaged over 212 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
$779,900
In Silver Heights
$779,900
In Cambridge
$699,000
In Ontario
$711,658
Median monthly rent
$2,825/mo
In Silver Heights
$2,825
In Cambridge
$2,600
In Ontario
$2,500
≈ 23 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
23
Median $779,900
Houses 19 · Condos 4
For rent
10
Median $2,825
Houses 7 · Condos 3
Recently sold
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Recently leased
Sign in to see leased data
Market data as of 2026-10-20. 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
- Strong sense of community
- High ownership rate at 78.4%
- Median income is above average
- Low percentage of low-income households
Keep in mind
- Housing prices are above city median
- Limited public transit options
- Higher rent prices compared to city median
The feel of the placeLifestyle
Daily life in Silver Heights is quiet and suburban, with plenty of outdoor spaces for families. Residents enjoy a close-knit community feel.
Within the boundaryWhat's nearby
The boundary
23.7 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
26
Parks
20
Playgrounds
4
Restaurants
1
Cafés
1
Gyms
1
Libraries
1
Pharmacies
Counted across all 23.7 km² of Silver Heights. From OpenStreetMap, as of 2026-10-19.
The schoolsWhich schools, and how they rate
6.1/10
Average rating of the 6 rated schools in this area
8
Elementary
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 Gabriel Catholic Elementary School
Catholic · Grades JK–8 · Waterloo CDSB
7.1/106.4 over 5 yrs808th of 3,045 Ontario elementary schools
530 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
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 Silver Heights, 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
22,701
Population (2021)
33.0 km²
Area
688
People per km²
37.9
Median age
$113,338
Median income
78%
Own their home
3
People per household
7,660
Households
Every age
- Children (under 15)20.6%
- Working age (15–64)67.6%
- Seniors (65+)11.9%
What is built here
- Detached houses66%
- Semi-detached7.5%
- Townhouses12.3%
- Duplexes3.5%
- Low-rise apartments10.3%
Own or rent
78%Owners
21%Renters
Across 7,660 households
When it was built
- 1960 or earlier16%
- 1961–198019%
- 1981–199010%
- 1991–200017%
- 2001–20058%
- 2006–201013%
- 2011–20154%
- 2016–202113%
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.
- 23.9%
- Born outside Canada
- 25.8%
- Hold a degree or higher
- 64.4%
- Employment rate
- 1.1%
- Commute by transit
- 94.9%
- Commute by car
- 1.9
- Children per family
- $97,298
- Median income after tax
- $125,179
- Average household income
- 5.8%
- Living on a low income
- $1,803/mo
- Renters pay, per month
- $1,857/mo
- Owners pay, per month
- $729,606
- Median home value at census
- 22.4%
- Renters spending 30%+ of income on housing
- 15.3%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 30 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
What homes in Silver Heights actually rent for
24 homes were leased in Silver Heights over the 12 months to September 2026. Half leased above $2,489 and half below, 4.0% lower than the 12 months before. A typical home found its tenant in 47 days — 16 days slower than a year ago.
- Median rent
- $2,489
- -4.0% year over year
- Days to lease
- 47
- 16 days slower
- Leases closed
- 24
- last 12 months
- Rent per square foot
- $1.77/mo
- from 22 sized leases
Three years of rents
The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one home here differs from the next.
What renters actually paid
$2,984/mo
on a $3,000 asking rent — under ask by $16
- Of the asking rent
- 99.5%
- Leased over asking
- 12.5%
From 24 leases that closed here in the last 12 months.
Rent or buy in Silver Heights
25.5 years
of rent, at the going rate here, adds up to what a home here costs.
Median sold price
$760,188
24 sales
Median rent
$2,489/mo
24 leases
Gross rental yield
3.93%
before costs
Both figures come from deals that actually closed in Silver Heights over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.
Every month behind these charts — Silver Heights, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 5 | $3,100 | $2,650 – $3,200 | 50 | 98.2% |
| Aug 2026 | 6 | $2,125 | $2,025 – $2,638 | 54 | 100.0% |
| Jul 2026 | 1 | Not enough leases this month to report a median | |||
| Jun 2026 | 1 | Not enough leases this month to report a median | |||
| May 2026 | 3 | Not enough leases this month to report a median | |||
| Apr 2026 | 1 | Not enough leases this month to report a median | |||
| Feb 2026 | 1 | Not enough leases this month to report a median | |||
| Jan 2026 | 1 | Not enough leases this month to report a median | |||
| Nov 2025 | 3 | Not enough leases this month to report a median | |||
| Oct 2025 | 2 | Not enough leases this month to report a median | |||
| Aug 2025 | 4 | Not enough leases this month to report a median | |||
| Jul 2025 | 2 | Not enough leases this month to report a median | |||
| May 2025 | 1 | Not enough leases this month to report a median | |||
| Apr 2025 | 3 | Not enough leases this month to report a median | |||
| Mar 2025 | 2 | Not enough leases this month to report a median | |||
| Jan 2025 | 1 | Not enough leases this month to report a median | |||
| Dec 2024 | 3 | Not enough leases this month to report a median | |||
| Nov 2024 | 2 | Not enough leases this month to report a median | |||
| Sep 2024 | 2 | Not enough leases this month to report a median | |||
| Aug 2024 | 2 | Not enough leases this month to report a median | |||
| Jun 2024 | 2 | Not enough leases this month to report a median | |||
| May 2024 | 1 | Not enough leases this month to report a median | |||
| Dec 2023 | 1 | Not enough leases this month to report a median | |||
| Oct 2023 | 1 | Not enough leases this month to report a median | |||
22 of these months closed fewer than 5 leases. A middle value taken over that few is not a market figure — with one lease it is simply that lease — so the count is shown and the median is not. The leases themselves still count toward the 12-month figures above.
What people ask about Silver Heights
How much does a home cost in Silver Heights?
Homes in Silver Heights sold for a median of $760,188 over the 12 months to September 2026, across 24 closed sales — half sold for more and half for less. That is 18.7% lower than the 12 months before it.
How long does it take to sell a home in Silver Heights?
A home in Silver Heights took a median of 25 days on the market over the 12 months to September 2026. Homes there closed at 98.3% of the asking price on average, with 25.0% selling over asking.
How much is rent in Silver Heights?
The median lease in Silver Heights closed at $2,489 a month over the 12 months to September 2026, across 24 leases.
Is it cheaper to rent or buy in Silver Heights?
A home in Silver Heights costs about 25.5 years of the rent on one — the median price of $760,188 against a median rent of $2,489 a month, a gross yield of 3.93%. The shorter that number, the closer buying is to renting before financing costs.
Compiled by HOMEH from leases reported closed in Silver Heights 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
2 condo apartments and 4 condo townhouses are on the market in Silver Heights right now. Too few have closed here in the last year for us to publish a median we would stand behind.







