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  • Cambridge Ontario

City Of Cambridge

Cambridge lies at the confluence of the Speed and Grand Rivers in Waterloo Municipality in southern Ontario. The 2016 census estimated the population at 131794. A cosmopolitan city, Cambridge is made up of the communities of Hespeler, Galt, Preston and Blair. This city is strategically located within minutes from major metro cities and U.S. border crossings. Many festivals are celebrated here and there seems to be one for each season. Some of the festivals include the Cambridge Scottish Festival, Cambridge Arts Festival, Rock the Mill, Mayor’s Celebration of the Arts, Cambridge Fall Fair and Forbes Park Music Festival.

Some major employers in Cambridge include Toyota, ATS Automation Tooling Systems, Loblaw Companies, Frito-Lay Canada, Babcock & Wilcox and Rockwell Automation. There are 26 elementary schools, 5 secondary schools and 4 private schools in Cambridge. The University of Waterloo School of Architecture and Conestoga College Institute of Technology & Advanced Learning are some of the higher educational facilities in Cambridge.

Home Insurance Quotes in Cambridge

RankHome Insurance CompanyAnnual Average Cost
1RSA
$766
2Zenith Insurance
$837
3Travelers Dominion$934
4Squareone Insurance$938
5Aviva
$1011
6Perth Insurance$1573

Who Has the Lowest Home Insurance Prices in Cambridge

A survey of home insurance quotes revealed that the cheapest cost was by RSA company at an annual quote of $665. This was $2664 cheaper than the highest quote by another provider. The next lower quote was by Zenith insurance at a yearly cost of $930 and this was a difference in premiums by almost 28.49%.

Who Has the Highest Home Insurance Prices in Cambridge

The highest pricing for home insurance was by the Economical Insurance at an annual quote of $3329. The next expensive quote was for $1570 by the Pembridge insurance company. This was $1759 lower than the quote by Economical insurance and that is a huge difference by 52.83%.

Average Home Insurance Cost in Cambridge Neighbourhoods

Neighbourhoods in CambridgeAverage Home Insurance Cost
Alison$732
Blair$971
Fiddlesticks$1,033
Galt$1,290
Hagey$1,320
Hespeler Village$762
Lang's Farm$681
Littles Corners$1,837
Preston-Heights$561
Southwood$1,626

Are You Planning on Moving to Cambridge?

Cambridge is growing fast in terms of economy, population, and quality of life. It is located in the Waterloo region, conveniently along highway 401. With under an hour’s drive from Pearson International Airport and within minutes from Region of Waterloo International Airport, Cambridge is well connected. The Buffalo-Niagara Fall U.S. border crossing is just a couple of hours drive away from Cambridge.

Looking at housing prices you may find that the areas in Preston and Galton do have tons of cheaper options. However, these areas may not be recommended on crime rate grounds. A safer bet would be around Hespeler area that is north of highway 401 but you may find housing getting pricier near 401.

Getting Around Cambridge

You may get around Cambridge by car, bike, on foot or public transit and use popular routes as follows.

  • Highway 401: Drive on highway 24 (Hespeler Road) for 10 km to reach Galt and then take a right to Dickson Street.
  • Brantford: Take highway 24 and follow north along Water Street into Galt and then turn right to Dickson Street.
  • Hamilton: Drive on highway 8 to Cambridge on the north and follow to Beverly Street.

The Grand River Transit and GO Transit provides public transportation in Cambridge. Greyhound and Coach Canada also connects Cambridge to other Canadian cities. This city has over 140 km of cycling lanes on road. Highways 8, 401 and 24 connects Cambridge in all directions.

Waterloo Police Crime Statistics

Police Crime

Categories
Data% change in rate from 2014 to 2015
Total crime

4793
-4

Violent crime822

-11

Property crime
3427
-33

Drug offences
89-7

The above table compares the property crime rates in Waterloo Region and Ontario. The period used for comparison is from 2006 to 2014. The data for Ontario shows that over the years the property crime rate has been declining. However, the property crime rate data for Waterloo Region shows that there was a noticeable decline in 2007. The crime rates in Waterloo region started to rise again and in 2009 there were 344 more crimes when compared to 2008.

The following year 2010 saw a significant drop in property crime rates by 549 when compared to 2009. This downward trend continued every following year since then and in 2014 the crime rate incidents were 1051 less than in 2009.

Average Cost Of Living In Cambridge

The average cost of living in Cambridge for a small sized family is around $2250 per month without rent.

Average Cambridge House Price

A house in Cambridge may cost an average of $438,700.

Detached House Price in Cambridge

Detached house in Cambridge may cost an average of $378,200.

Semi-Detached House Price in Cambridge

Semi-detached house in Cambridge may cost an average of $377,775.

Townhouse Price in Cambridge

Townhouse may cost an average of $359,900 in Cambridge.

Condo Price in Cambridge

Condos in Cambridge may cost an average of $303,400.

Cambridge Property Tax

The City of Cambridge is responsible for collecting city taxes for the following:

  • Waterloo Region
  • District School Board (Waterloo Region)
  • Le Conseil Scolaire Viamonde
  • Catholic District School Board (Waterloo Region)
  • Le Conseil Scolaire de District Catholique Centre

Your property tax rate is equal to the current tax rate of all of the above. This is then multiplied by your property’s current assessment value as per the MPAC or Municipal Property Assessment Corporation. A property assessed at a value of $245,400 may have an average property tax of $3098.

Average Cambridge Salary

Job ProfileAverage Annual Salary
Office Administrator$35000
Accounting Manager$43000
Operations Manager$56500
General Manager$53000
Project Manager$57900

Average Cambridge Hydro Bill

The average hydro bill in Cambridge for a small family could be around $140 per month.

Average Cambridge Winter And Summer Temperature

Cambridge has a humid continental climate with moderately cold winters that may occasionally have the mercury levels freezing. Summer could be really humid and temperature may range from 16°C to 30°C and July 23 may be the hottest day of the year.

In winters, temperatures could dip from -4°C  to -10°C but not below -20°C and January 24 could be the coldest day of the year.

Average Cambridge Daycare Costs

The average daycare costs in Cambridge may be an average of $1150.

Cambridge Average Grocery Bill

Average grocery bills in Cambridge could be around $235 per month for a person.


Resources:

https://www.cambridge.ca/en/parks-recreation-culture/Where-to-Eat-Stay-and-Shop.aspx

https://www.cambridge.ca/en/your-city/Taxes.aspx


 

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