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City in Ontario

Townhouses for sale in Cambridge

Name: HOMEH Market Pulse — Cambridge closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

There are 68 townhouses for sale in Cambridge today, with a median asking price of $599,950 (-13% vs. all homes in Cambridge). 41 are freehold townhouses, 27 are condo townhouses and 19 are new townhouses. The most active neighbourhoods are Preston Heights, Blair Road and Grow Community Centre.

family-friendly suburban community-oriented

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.

Population: 138,479 Four parks available Eighteen bus stops

Cambridge, Ontario

Cambridge Townhomes for Sale

Day to dayLivability

Walkability

out of 100 · averaged over 23,944 past and present listings

Average walk score reported on listings here

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

$693,129

3% below Ontario

In Cambridge

$693,129

In Ontario

$716,900

Median monthly rent

$2,600/mo

4% above Ontario

In Cambridge

$2,600

In Ontario

$2,499

$494

Per square foot

≈ 22.2 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

367

Median $693,129

Houses 298 · Condos 69

For rent

102

Median $2,600

Houses 79 · Condos 23

Recently sold

Recently leased

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.

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

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

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 115.2 km² of Cambridge. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

5.9/10

Average rating of the 46 rated schools in this area

Elementary

Secondary

Islamic School of Cambridge
Independent · LD Private Non-Inspected
10.0/10
1st of 3,045 Ontario elementary schools
10 students
Ontario Muslim Academy
Independent · LD Private Non-Inspected
9.3/10
53rd 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 yrs
687th 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 yrs
751st 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 yrs
751st 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 yrs
751st 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)

HOMEH Market Pulse Townhouses only Through September 2026 Deep sales history

What Townhouses in Cambridge Sell For

218 townhouses changed hands in Cambridge over the 12 months to September 2026. Half sold above $584,706 and half below, 9.3% lower than the 12 months before. A typical townhouse found its buyer in 29 days — 3 days slower than a year ago.

Median sold price: $585K; -9.3% year over year
Days to sell: 29; 3 days slower
Sales closed: 218; last 12 months
Per square foot: $437; from 218 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 townhouse here differs from the next.

$812K$653K$495K$336K

Feb ’24Dec ’24Nov ’25Sep ’26

Median sold price Middle half of sales

What buyers actually paid

$986,700

on a $1,000,000 asking price — under ask by $13,300

−10%Asking price+10%

Of the asking price: 98.7%
Sold over asking: 29.8%

From 218 sales that closed here in the last 12 months.

Rent or buy in Cambridge

19 years

of rent, at the going rate here, adds up to what a townhouse here costs.

Median sold price

$584,706

218 sales

Median rent

$2,559/mo

238 leases

Gross rental yield

5.25%

before costs

Both figures come from deals that actually closed in Cambridge over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

What actually trades in Cambridge

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

218sales

Freehold town$628K66.5%
Condo town$498K33.5%

How fast it moves

Median days on market, month by month. Taller means slower.

Oct 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Cambridge, sales

Monthly closed sales in Cambridge
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	15	$592,667	$420K – $680K	30	100.0%
Aug 2026	8	$592,000	$554K – $623K	31	97.8%
Jul 2026	24	$541,000	$426K – $653K	44	97.9%
Jun 2026	18	$576,333	$440K – $673K	32	97.2%
May 2026	24	$538,458	$369K – $650K	27	98.5%
Apr 2026	29	$620,345	$415K – $740K	32	97.9%
Mar 2026	26	$593,231	$437K – $665K	17	98.9%
Feb 2026	18	$580,278	$425K – $664K	25	98.9%
Jan 2026	6	$635,000	$600K – $648K	24	100.0%
Dec 2025	11	$650,000	$556K – $660K	31	99.0%
Nov 2025	20	$574,850	$469K – $680K	24	99.7%
Oct 2025	19	$591,726	$480K – $665K	24	99.5%
Sep 2025	26	$640,385	$550K – $700K	25	98.8%
Aug 2025	22	$605,909	$500K – $700K	31	97.9%
Jul 2025	31	$628,387	$495K – $731K	22	98.7%
Jun 2025	20	$670,000	$588K – $693K	23	98.3%
May 2025	32	$621,719	$468K – $770K	24	99.2%
Apr 2025	31	$643,968	$518K – $734K	24	100.0%
Mar 2025	32	$667,813	$533K – $740K	22	98.5%
Feb 2025	19	$632,895	$535K – $775K	25	98.7%
Jan 2025	28	$675,125	$630K – $740K	25	99.1%
Dec 2024	30	$631,760	$607K – $711K	22	99.4%
Nov 2024	15	$671,667	$500K – $779K	37	99.8%
Oct 2024	33	$656,339	$560K – $730K	34	98.8%
Sep 2024	18	$642,167	$547K – $727K	31	99.4%
Aug 2024	23	$671,783	$597K – $776K	21	97.6%
Jul 2024	26	$685,096	$578K – $745K	19	100.1%
Jun 2024	33	$693,394	$592K – $758K	18	98.9%
May 2024	33	$668,788	$543K – $768K	16	102.0%
Apr 2024	32	$672,781	$528K – $760K	17	99.7%
Mar 2024	31	$657,097	$573K – $745K	14	102.5%
Feb 2024	10	$736,500	$669K – $751K	10	101.6%

What people ask about Cambridge

How much does a townhouse cost in Cambridge?

Townhouses in Cambridge sold for a median of $584,706 over the 12 months to September 2026, across 218 closed sales — half sold for more and half for less. That is 9.3% lower than the 12 months before it.

How long does it take to sell a townhouse in Cambridge?

A townhouse in Cambridge took a median of 29 days on the market over the 12 months to September 2026. Townhouses there closed at 98.7% of the asking price on average, with 29.8% selling over asking.

How much is rent for a townhouse in Cambridge?

The median townhouse lease in Cambridge closed at $2,559 a month over the 12 months to September 2026, across 238 leases.

Is it cheaper to rent or buy a townhouse in Cambridge?

A townhouse in Cambridge costs about 19.0 years of the rent on one — the median price of $584,706 against a median rent of $2,559 a month, a gross yield of 5.25%. The shorter that number, the closer buying is to renting before financing costs.

What kind of townhouses sell in Cambridge?

Over the 12 months to September 2026 the mix in Cambridge was freehold town (66.5% of sales, median $628,307) and condo town (33.5% of sales, median $498,100).

Compiled by HOMEH from sales reported closed in Cambridge 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 townhouse. Not an appraisal or an opinion of value.

Questions, answered

Common questions about townhouses for sale in Cambridge

How much is a townhouse in Cambridge?

The median asking price of the 68 townhouses for sale in Cambridge is $599,950, from $340,000 to $989,000. By type, the median is $649,900 for freehold townhouses and $510,000 for condo townhouses.

All homes for sale in Cambridge

Are there new townhomes for sale in Cambridge?

Yes. 19 of the 68 townhouses for sale in Cambridge are new construction.

New construction homes in Cambridge

Keep looking

More Homes for Sale in Cambridge

367 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.