Cambridge

Cambridge is a city located in the Regional Municipality of Waterloo in Ontario, Canada. According to the 2021 census, the population of Cambridge is approximately 140,000, which is a 7.7% increase from the 2016 census. Cambridge has a rich history, dating back to its establishment in 1973 when the cities of Galt, Preston, and Hespeler were amalgamated. The city has contributed significantly to the real estate industry in the Greater Toronto Area. The average price for detached homes in Cambridge was $1,100,000 in October 2023, which is a 10.0% increase from the previous month. The current average house price in Cambridge is $1,074,215.
Cambridge has several notable projects in the community. One of the most significant projects is the Cambridge City Hall Facade Restoration, which is a 15-month project aimed at restoring the exterior of the historic City Hall building. The project includes the restoration of the building’s masonry, windows, and roof, as well as the installation of new lighting and landscaping. Another notable project is the Cambridge City Hall Annex, which is a renovation project that includes the expansion and modernization of the City Hall Annex building. The project includes the addition of new office space, meeting rooms, and a public lobby. The city has also invested in several infrastructure projects, including road improvements and the expansion of the wastewater treatment plant. These projects have helped to improve the quality of life for residents and attract new businesses to the area.
Cambridge is a growing city with a rich history and a significant contribution to the real estate industry in the Greater Toronto Area. The city has several notable projects, including the Cambridge City Hall Facade Restoration and the Cambridge City Hall Annex, which have helped to improve the quality of life for residents and attract new businesses to the area. Despite the unpredictable real estate prices in 2023, Cambridge remains an attractive location for those looking to invest in the real estate market. Additionally, the city has a diverse economy, with a strong presence in the manufacturing, healthcare, and technology sectors, making it an excellent option for those looking for quality employment opportunities.