Pre-Construction Homes in Cambridge

Cambridge New-Construction Market Overview

Cambridge has active low-rise pre-construction inventory in townhome, semi-detached and detached formats, with the current known offerings in this inventory ranging from $377,184 at Creekside Trail to $494,990 at Cadence, while Moffat Creek is listed as available without a verified public starting price. For buyers focused on new housing rather than high-rise product, that points to a market centred on ground-oriented communities in growth areas of the city. Cambridge’s planning framework supports long-term growth and development city-wide through its Official Plan, and the Region of Waterloo continues to plan and build regional infrastructure including public transit to support community needs. The Hespeler Road corridor remains important for future intensification because the City has initiated an Official Plan Amendment for the Hespeler Road Corridor Secondary Plan, which covers three Protected Major Transit Station Areas. Transit is a practical part of the local story today as ION bus rapid transit already runs between Fairway Station and the Ainslie Street Terminal in Cambridge, and regional plans continue to advance the ION light rail extension to Downtown Cambridge. School capacity is also expanding, with new joint WRDSB and WCDSB elementary schools underway in southeast Cambridge.