Apartments For Sale In Cambridge

Condos for Sale in Cambridge: Buy an Apartment With Affordability As the Key

There are 72 condos for sale in Cambridge, and with new listings getting updated daily, there is always something new to find. Today, the average listing price of a condo for sale is $ 535,547 , but Cambridge has condos with prices starting from $200000. The statistics indicate that 60% of the residential buildings in Cambridge are detached homes, but around 15% are condominiums.

Are you a first-time homebuyer or a family with a strict financial budget looking for affordable homes that are easy to maintain? Then, search the MLS listings of Ontario and choose Cambridge apartments from the filter; it could sometimes be what you have been looking for. Again, not on budget, but a downsizer, a luxury Cambridge condo for sale would easily fit in your pocket. You can choose a suitable neighbourhood with the help of our team and start living in a safe place.

Market Trends of Cambridge Condos 

The table below is a comparative study on the market trends of the condos for sale in Cambridge, Ontario, May 2025, May 2024, and June 2024.

Metric	May 2025	May 2024	June 2024
Active Listings	129	98	95
Average Days on Market	30	33	31
Average Sold Price	$487,093	$499,900	$492,300
Absorption Rate	35.9%	29.73%	41.67%
Average Rent	$2,107	$2,202	$2,195

Active listings indicate the number of condos listed for sale. Average days on market showcase how many days a condo stays in the market before it is sold. The average sold price is the amount at which condos are being sold, and this value can be above or below the listing price. Absorption rate shows whether the real estate market is on the side of a buyer or seller. If the value is lower, it shows a buyer's market. Average rent is the cost of renting a condo in Cambridge.

May 2025 had more listings, the lowest sold price, and a lower absorption rate compared to 2024. The trend favoured buyers and investors. What the upcoming months hold remains uncertain. The sooner you buy a home, the earlier you start building equity.

Feeling Doubtful About Cambridge? Here are Your Answers

Affordable Housing Options

Affordable condos with a rich inventory are the greatest choice Cambridge offers to its buyers. If the properties on the listing pages are high in number, then there are plenty of choices. This abundance can balance the demand-supply chain, leading to stable and realistic prices. Have a look at the average sales price of a Cambridge condo over a year, shown below.

Month and Year	Sold Price
May 24	$499,900
Jun 24	$492,300
Jul 24	$492,144
Aug 24	$511,523
Sept 24	$463,333
Oct 24	$523,325
Nov 24	$566,000
Dec 24	$567,917
Jan 25	$457,200
Feb 25	$486,229
Mar 25	$534,627
Apr 25	$439,000
May 25	$487,093

The prices of the condos for sale in Cambridge are nearly stable, with the lowest value being $439,000 in April 2025 and the highest being $567,917 in December 2024.

Safe Place to Live

When you buy a Cambridge condo, you are going to live in a city with a livability score of 89; the higher the score, the better the standard of living.The city is reported to have a friendly community. Overall, the safety of the city is assured.

A Perfect Location

Cambridge is located at a distance of 20 km from Kitchener and 26 km from Waterloo. Toronto can be reached in less than 1.5 hours and Hamilton in half an hour by car. The nearest airport is Region of Waterloo International Airport (YKF). Other possible airport options include Toronto Pearson International Airport and the Hamilton International Airport. The easy access to top cities from an affordable town opens up a great range of opportunities for work, higher education, shopping, and entertainment.

Cambridge Takes Care of Commuters

Grand River Transit (GRT), the local bus service, has more than 50 routes in the Cambridge and Waterloo regions. The main hub in Cambridge is the Ainslie Street Transit Terminal in downtown. GO Transit has bus services to the GTA. Coach Canada and Greyhound provide bus service from Cambridge to other cities.
The closest train station to Cambridge is the Kitchener VIA and GO Station. The city also has a hybrid Light Rail Transit (LRT) and a Bus Rapid Transit (BRT) system called ION. The local taxi service in Cambridge is Golden Triangle Taxi.

No Worries About Your Child's Education

The city of Cambridge has three school boards: Waterloo Region District School Board (WRDSB), Waterloo Catholic District School Board (WCDSB) and the French medium board Conseil scolaire de district catholique Centre-Sud (CSDCCS). The public, Catholic, and French Catholic boards have elementary and secondary schools for their residents. When you buy a house in Cambridge, you can check the city's official website to get the latest list of schools. Another option is to look for properties near top-rated schools in the MLS listings.

A City for Investors

When you are planning to put your hard-earned savings in real estate, you need to be very careful and consider multiple factors like steady rental income, property value appreciation, and the likelihood of people. When parameters go out of balance, your investments could become dead money. The housing choices of people are changing. Gen Z wants to live in modern, smart, and sleek homes close to the amenities of the city, such as eateries, fitness centres, recreational areas, and public transportation. The preferences of the elderly have also taken a new path. They want easily manageable spaces close to facilities such as hospitals, walking trails, and easy weekly shopping. These two pointers to one kind of housing, the condominium. Considering this huge demand and Cambridge's amenities, apartments for sale in Cambridge are going to be a great investment option.

Events and Attractions in the City

• Mill Race Festival and the Rock the Mill Music festivals in downtown Galt
• Cambridge Highland Games in Churchill Park in July
• The Cambridge Butterfly Conservatory
• The annual Dragon Boat festival
• The Cambridge Fall Fair
• Santa Claus Parade
• The Cambridge Farmers' Market is one of the top 10 markets in the country
• Cambridge Public Library
• Art exhibition spaces at Queen's Square, Preston and at Riverside
• The McDougall Cottage museum is a granite and limestone cottage built in 1858.

Best Cambridge Neighbourhoods

According to the 2021 census, the city's population was 138,479, which is growing, demanding residential, commercial, and infrastructure developments. People of the town still identify themselves as being from Galt, Preston, or Hespeler, the three villages that amalgamated to form the city of Cambridge in 1973. Many areas in the city are great for living in, with great schools, local parks, a safe environment, convenient shopping, and hospital access. According to one's requirements, one can choose the best combination.

Fiddlesticks

Are you prioritising safety over other constraints when moving to a new location? Then, houses for sale in Fiddlesticks should be something you shouldn't miss out on. The city's crime rate is 53% lower than the national average, making it safer than 71% of the cities in Ontario. St. Margaret's and Clemens Mill are the elementary schools, and St. Benedict Catholic is the Secondary school in this region. The community centre at 71 Cowan Blvd has excellent options for outdoor activities for all ages.

Lang's Farm

The Lang's community is an established residential area with affordable properties for sale. This is one of the regions in Cambridge with A+ grades for amenities, commute, affordable housing, and healthcare. The cost of living is nearly 20% lower than the Ontario average. With Lang's Farm at 150 Pinebush Road, the residents are never short of fresh produce.

Blair Road

Blair is a western neighbourhood of Cambridge, close to Highway 401. The region is rich in custom-built houses on larger lots and few Cambridge apartments for sale. Investors find this area attractive. They upscale Victorian-era homes and convert them into residential buildings of great value and demand.

East Hespeler

This is a beautiful residential area in the east with a mix of detached homes, apartments, and townhouses for sale in Cambridge. The region has plenty of recreational opportunities along the banks of the Speed River. Around 3/4 of the Cambridge residents are married couples, mostly with children. Hillcrest, Hespeler and Grand View are the Public Schools, whereas Our Lady of Fatima and St. Elizabeth are the Catholic Elementary schools. Scholars can attend classes 9–12 at Jacob Hespeler Secondary School or St. Benedict Catholic Secondary.

Something Beyond the Selling Price To Keep in Mind 

When you buy a house, it is important to look beyond affordability. Consider future needs such as family expansion, downsizing, lifestyle change, and the resale value of the property.

Where am I in the next 5 years?

Think about the next five years and ensure that the condo space is ample for comfortable living. If you are single and planning to get married or have babies, you need more space. A one-bedroom condo for sale in Cambridge may not be suitable for your growing family, so think about a two-bedroom or three-bedroom condo or a house with in-law suite options.

Will I Be Able To Sell This Property Without Losses?

When you buy an apartment for sale in Cambridge, evaluate the condo's resale potential. The age of the building, the reputation of the condo association, the location on the street, and the closeness to amenities are all vital factors that help your condo appreciate over time.

Look for Options Out of the Box

If you only have the budget for an affordable apartment for sale in Cambridge, but are willing to look for other types of homes that will fit your budget, try searching price-dropped properties in Cambridge.

Are you for a short stay or are you concerned about the credits? 

If you are here for a short duration or have an inadequate credit score to buy a condo, don't worry. The Canadian Home has 401 houses, 179 townhouses, and 98 apartments for rent in Cambridge for you to check out.

Don't Miss This Opportunity for a Condo in Cambridge

Why wait longer with the uncertain feeling of 'Am I ready for a home?' Make a decision now and turn your home-ownership bucket list into a reality in 2025 with Cambridge condos for sale. Find the perfect house for your living by filtering your preferences and turning your thoughts into action.