Homes for Sale in Cambridge Under $500K

Explore our selection of properties in Cambridge priced Under $500K. Known for Grand River corridor, Cambridge offers historic architecture and natural beauty. The Battaglia Team provides expert guidance to find your perfect home in this riverside community.

155 listings available

155 properties found

Detached

134 Norfolk Avenue, Cambridge

42700 sqft

$499,900

Detached

69 Glenmorris Street, Cambridge

221,100 sqft

$499,900

Condo

155 Water Street Unit 502, Cambridge

22800 sqft

$439,000

Condo

10 Mill Creek Road Unit 5, Cambridge

32900 sqft

$419,000

Semi-Detached

925 Elgin Street, Cambridge

32700 sqft

$499,000

Condo

50 Grand Avenue Unit 1604, Cambridge

11700 sqft

$448,500

Condo

15 Glebe Street Unit 1304, Cambridge

11700 sqft

$419,000

Condo

170 Water Street Unit 405, Cambridge

11700 sqft

$419,900

Semi-Detached

35 Shade Street, Cambridge

321,100 sqft

$475,000

Condo

40 Tannery Street Unit 265, Cambridge

221,000 sqft

$325,000

Condo

8 Harris Street Unit 418, Cambridge

22900 sqft

$324,900

Condo

408 Guelph Avenue Unit 209, Cambridge

221,000 sqft

$439,900

Condo

155 Water Street Unit 407, Cambridge

11500 sqft

$339,999

Condo

170 Water Street Unit 1207, Cambridge

21700 sqft

$415,000

Condo

8 Harris Street Unit 318, Cambridge

22900 sqft

$330,000

Condo

85 Spruce Street Unit 112, Cambridge

121,200 sqft

$429,900

Detached

99 St Andrews Street, Cambridge

321,100 sqft

$449,900

Detached

189 Johanna Drive, Cambridge

32700 sqft

$499,999

Condo

245 Bishop Street Unit 31, Cambridge

321,400 sqft

$499,900

Townhouse

724 Parkview Crescent, Cambridge

31700 sqft

$444,888

Semi-Detached

36 John Street, Cambridge

321,500 sqft

$445,000

Detached

59 4th Avenue, Cambridge

21700 sqft

$399,900

Townhouse

112 Hollywood Court, Cambridge

421,500 sqft

$499,000

Condo

235 Saginaw Parkway Unit 74, Cambridge

321,200 sqft

$499,000

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About Homes in Cambridge

Cambridge is one of the GTA's riverside communities, defined by its Grand River corridor and historic architecture and natural beauty. The Cambridge market includes everything from condo apartments and townhomes to detached homes on mature lots — with the right property type depending on your stage of life, household size, and long-term plans. Buyers drawn to Cambridge typically value its proximity to major transit corridors, established school catchments, and the riverside character that distinguishes it from neighbouring municipalities.

Who's Buying Under $500K Homes in Cambridge

Properties priced under $500k in Cambridge attract first-time buyers, investors, and downsizers seeking attainable entry into the market. Most lenders treat properties under $500,000 as low-ratio mortgages, so qualified buyers can put as little as 5% down (CMHC-insured). This price band moves quickly — properties typically sell within 14 days, often with multiple offers in established neighbourhoods.

Working with the Battaglia Team in Cambridge

The Battaglia Team has been serving Cambridge and the surrounding GTA since 1995. We pair MLS listings (refreshed every few hours from the Toronto Regional Real Estate Board) with hyper-local market knowledge: school boundary changes, planned infrastructure, neighbourhood-specific buyer competition, and recent comparable sales not visible on public portals. Whether you're touring your first home or making a strategic move into Cambridge's under $500k market, our team handles MLS searches, virtual previews, in-person showings, offer strategy, and negotiation end-to-end. Reach out for a no-obligation conversation about your goals.

Frequently Asked Questions

How much do homes cost in Cambridge under $500k?

Pricing for homes in Cambridge varies by neighbourhood, lot size, age of the property, and current market conditions. Within the under $500k band, listings typically reflect the riverside character of the area and proximity to Grand River corridor. For an up-to-the-minute price snapshot tied to your specific needs, contact the Battaglia Team for a free comparative market analysis.

What should I know before buying a home in Cambridge?

Cambridge is known for Grand River corridor and historic architecture and natural beauty. Before making an offer, review the property's status certificate (for condos), arrange a pre-listing inspection where possible, and confirm school catchment if you have children. Property taxes in Cambridge are calculated on assessed value (MPAC) and vary by ward — your agent can pull the exact figure for any address.

What down payment do I need for a under $500k home?

Most lenders treat properties under $500,000 as low-ratio mortgages, so qualified buyers can put as little as 5% down (CMHC-insured).

How quickly do homes sell in Cambridge?

Time-on-market in Cambridge varies by season, price range, and presentation quality. Well-priced, well-staged listings in the entry-level bands typically attract serious offers within 7–21 days. Luxury listings ($1.5M+) can take 30–90 days. Reach out for a current market velocity report for Cambridge.