Cambridge market update: three historic cores in one city

Cambridge was formed from the towns of Galt, Preston and Hespeler, and those cores still define the city's neighbourhoods. Each has its own main street, its own older housing stock and its own character, while newer subdivisions fill the space between them.

Manufacturing and logistics employment along the Highway 401 corridor supports local demand, and spillover from Kitchener-Waterloo adds buyers looking for more space per dollar.

Because the housing stock ranges from 19th-century stone homes to brand-new towns, comparisons need care. Match age, type and neighbourhood core before deciding whether a listing is priced well.