Are you searching for the best areas in Cambridge to live, invest, or raise your family? I know moving to a new city can make you anxious. We all worry about safety, choosing a good neighbourhood, and making the right investment.
Cambridge is always one of the most interesting cities to explore. It’s warm. It’s historic. And it offers a lifestyle that feels peaceful yet connected.
Many people choose Cambridge because they want charm, safety, and a strong sense of community, without the high prices of Toronto or the fast pace of the Greater Toronto Area.
But let’s be honest. Choosing the right neighbourhood is not easy.
You might be wondering:
- Where should I live in Cambridge?
- Which neighbourhood fits my lifestyle?
- What are the richest areas in Cambridge, and what do they offer?
In this guide, I’ll explain the top 5 best areas in Cambridge and the top 5 richest areas in Cambridge.
I’ll share personal insights, local highlights, and real reasons why so many families, students, professionals, and retirees love calling Cambridge home.
So let’s explore.
Top 5 Best Areas to Live in Cambridge
Choosing the best area can be tough, especially if you’re new or looking for something specific. I’ve listed the most popular, family-friendly neighbourhoods in Cambridge. So that you can make the right decision.
1. Old Preston
Why It’s a Top Choice
Old Preston is one of my favourite spots because it’s packed with historic charm and a real sense of community. If you love the idea of heritage homes, tree-lined streets, and walking to cute shops or cafes, this area will win your heart.
Key Features
- Beautiful heritage homes
- Walkable streets with mature trees
- Riverside Park and scenic trails
- Local shops, bakeries, and restaurants
- Strong neighbourhood associations
Old Preston balances beauty, convenience, and history. This is what makes it one of the best areas in Cambridge for families and retired couples.
2. Hespeler Village
Why It’s a Top Choice
Many people with kids or looking for a fresh start choose Hespeler Village. I get the appeal—it has some of the best schools and a bunch of green spaces. The revitalised downtown Hespeler is full of energy, from cosy cafes to indie breweries.
Key Features
- High-ranking schools
- Close to Highway 401
- Revitalised downtown with cafes and breweries
- Family events like Hespeler Heritage Days
- Many parks and trails
3. Galt (Especially Old West Galt)
Why It’s a Top Choice
Ask any local, and Galt—especially Old West Galt—comes up as a top pick. The downtown is full of stunning limestone buildings, artsy energy, and a riverside vibe. Professionals love the easy commute; families and creatives adore the lively art scene and trails.
Key Features
- Historic charm with limestone architecture
- Cambridge Farmers’ Market
- Cambridge Centre for the Arts
- Grand River trails
- Trendy cafés, restaurants, and boutique shops
Galt is also popular with people who work in Kitchener, Waterloo, or Guelph because the commute is easy.
4. Blair
Why It’s a Top Choice
Blair feels peaceful. Quiet streets. Larger homes. A more suburban feel. If you want space and modern living, Blair has many beautiful newer homes with big yards and natural surroundings.
Key Features
- Newer housing developments
- Larger lots with modern amenities
- Close to conservation areas
- Family-friendly parks
- Quiet streets and safe neighbourhood zones
Families who want calm and space often pick Blair as one of the top areas in Cambridge.
5. Hillcrest
Why It’s a Top Choice
Last but not least, Hillcrest is for anyone who wants value, convenience, and lots of green pockets. First-time home buyers and young families move here for affordability—and stay for the community.
Key Features
- Affordable home prices
- Near Cambridge Memorial Hospital
- Lots of parks and green spaces
- Close to plazas and grocery stores
- Friendly and active community
Hillcrest stands out because it gives you good value without sacrificing comfort.
Top 5 Richest Areas in Cambridge
These neighbourhoods rank among the richest areas in Cambridge based on home values, lot sizes, income levels, and overall lifestyle.
Rolling Hills
When I think of luxury in Cambridge, Rolling Hills tops the list. Known for private, sprawling estates, this is where prestigious living meets peace. Every home feels custom, and privacy is a top perk.
Wealth Indicators
- Highest property values in Cambridge
- Executive and estate homes
- Large lots and exclusive streets
- Gated sections in some parts
- High-income households
2. Saginaw
Saginaw is where you will find modern, customised homes with detailed architecture and spacious designs. Many homes back onto ravines or green spaces, which add extra appeal.
Wealth Indicators
- Custom homes with premium finishes
- Ravine and wooded lots
- High-income demographics
- Near Cambridge Golf Club
- Exclusive and quiet streets
If you love space and upscale design, Saginaw is one of the richest areas in Cambridge that will impress you.
3. South Galt (Chrysler Towne South)
South Galt blends history and wealth perfectly. Here, you find mature trees, renovated heritage homes, and impressive lot sizes. Upscale living meets a touch of nostalgia. South Galt offers a blend of luxury and heritage that many buyers adore.
Wealth Indicators
- High property values
- Large lots and historic charm
- Home to many professionals and executives
- Walkable access to shops and local amenities
4. South Preston / Speedsville
Imagine a serene country estate—the South Preston and Speedsville areas offer this dream inside Cambridge’s borders. Some properties sit on multi-acre lots with custom homes, barns, stables, and pools. If you want room to roam, space for horses, or a rural luxury vibe, check here.
Wealth Indicators
- Multi-acre estates
- Equestrian facilities
- Custom homes with premium features
- Private and scenic rural lifestyle
This area is perfect for buyers who want rural serenity with city convenience.
5. Southwood / Southgate
These newer subdivisions are upgraded, modern, and full of smart home touches. If you want the latest layouts, planned green spaces, and rising property value, you’ll find it in Southwood and Southgate.
Wealth Indicators
- Luxury new construction
- High household income
- Walkable access to parks and schools
- Planned high-end commercial zones
These communities attract buyers who want modern comfort in a family-focused setting.
What Makes These Areas Desirable?
These key elements shape both the best areas in Cambridge and the richest areas in Cambridge.
1. Proximity to Nature & Waterways
Cambridge is beautiful—simple as that. The Grand River runs through the city, adding scenic views, trails, and waterfront activities in many neighbourhoods. Popular nature spots include:
- Riverside Park
- Mill Run Trail
- Rare Charitable Research Reserve
- Churchill Park
Living close to water and greenery improves daily life and boosts property value.
2. Education & Schools
Families love Cambridge because of its strong education system.
- Top public and Catholic schools
- Access to French Immersion programs
- Proximity to Conestoga College
- Short drive to the University of Waterloo and Wilfrid Laurier University
For families with kids, this is a major advantage.
3. Connectivity & Commute
Cambridge is well located for work and travel.
- Direct access to Highway 401
- One-hour drive to Toronto
- Easy drive to Kitchener, Waterloo, Guelph, Hamilton, and Milton
- GO bus connections to Milton GO Station
This convenience makes Cambridge ideal for commuters.
4. Community & Lifestyle
Cambridge has great local pride. Many neighbourhoods host festivals, farmers’ markets, and cultural events.
You’ll find:
- Boutique shops
- Local restaurants
- Brewery spots
- Art spaces
- Historic markets
- Seasonal events
These features help shape the charm in the best areas in Cambridge.
5. Real Estate Value
Property values in Cambridge have grown regularly over the years. Homebuyers see Cambridge as a strong investment area. The richest areas in Cambridge appreciate faster because of:
- Lot size
- Local demand
- Luxury home features
- Location near nature and schools
Rising property values attract skilled professionals and investors seeking long-term stability. As rising property values in Cambridge attract professionals, Mississauga’s modern lifestyle and connectivity make it an ideal base for growth and long-term success.
Discover how strategic neighbourhood choices can shape your future, and connect with a real estate brokerage in Mississauga for guidance on building a strong real estate career path.
Diverse Housing Stock: Historic to Modern Luxury
Cambridge stands out because it offers every type of home:
- Heritage stone houses
- Victorian properties
- New-build suburban homes
- Townhomes
- Luxury estates
- Modern custom homes
This diversity makes it easy to find a place that fits your lifestyle and budget.
Cost of Living in Cambridge: Is It Affordable?
This is one of the most frequently asked questions I hear from readers. The simple answer is yes, Cambridge is more affordable than many GTA cities.
Here’s how the cost compares:
- Housing is lower than in Toronto, Milton, Mississauga, and Oakville.
- Groceries and daily essentials are reasonably priced.
- Transit and gas costs are moderate.
- Entertainment and dining are cheaper than in major cities.
This is why families and students feel comfortable here. Even in the richest areas in Cambridge, you get more space for your money.
Discover earning potential and industry growth. Read our blog on how much real estate agents make in Canada to explore income trends, opportunities, and what impacts agent success.
Expert Tips: How to Choose the Right Cambridge Neighbourhood
Here’s what I tell every reader:
- First, set your budget.
- Then, decide your lifestyle priorities
- After that, visit the neighbourhood at different times of the day
- Finally, use local real estate experts
If you need guidance beyond Cambridge, a real estate brokerage company for realtors in Ontario can help compare nearby markets.
Conclusion: Why Cambridge Stands Out
After exploring the best areas in Cambridge and understanding the richest areas in Cambridge, it’s easy to see why so many people choose this city. Cambridge is warm, scenic, community-driven, and full of opportunity.
You can enjoy history in Galt, family fun in Hespeler, peaceful living in Blair, or luxury in Rolling Hills. No matter your style, Cambridge has a neighbourhood that fits your life.
And if you plan to explore more, you can also read my next blog about areas to avoid in Cambridge for a complete perspective on the city.
