Region of Waterloo
New homes in Cambridge
Freehold detached homes, townhomes and semis
New freehold low-rise in Cambridge currently runs roughly $534,000 to $860,000 across detached homes, townhomes and semis. Supply is strong. Active builders include Reids Heritage Homes, Treasure Hill Homes, Cachet Homes. The Ontario HST rebate window closes March 31, 2027 on the signing date.
Featured in Cambridge
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Westwood, Cambridge
Westwood Village
Cachet Homes
Westwood Village is a townhome community by Cachet Homes at 273 Bismark Drive in Westwood, Cambridge. Freehold homes from 1,985 to 1,985 sq ft priced $699,990 to $699,990 across 1 floor plans. Launched January 18th, 2026.
$700k – $700kComplete / Final Release
What’s being built in Cambridge
Cambridge is the most affordable of the three Waterloo Region cities for new freehold, with most product between $530,000 and $860,000. Built from three historic towns, Galt, Preston and Hespeler, it still reads as three distinct places.
Communities that have launched or are actively selling here include:
- Westwood Village (Cachet)
- Marquis Series at Hazel Glenn (Treasure Hill)
- Modal At Main Towns (Reids Heritage)
Availability changes week to week and the best lots in any phase go early, register for access and I’ll send what’s releasing here.
Builders active in Cambridge: Reids Heritage Homes, Treasure Hill Homes, Cachet Homes, JD Development Group, Laurelcrest Homes.
Builder choice matters more than most buyers expect. Delivery record, reliability on closing dates and how warranty items get handled vary enormously and appear on no price list. How to assess a builder.
What the rebates are worth at local prices
New low-rise here currently runs roughly $534,000 to $860,000, and that band decides your rebate position. Here is the arithmetic at both ends.
| At $534,000 | At $860,000 | |
|---|---|---|
| Ontario ENHR (no first-time buyer test) | $42,720 | $68,800 |
| Federal rebate (first-time buyers only) | $26,700 | $43,000 |
At the entry end, a home at $534,000 sits below $1,000,000, which means the full 8% Ontario rebate, $42,720, plus the full 5% federal rebate for a first-time buyer. This is the most favourable band in the whole structure.
If you have owned a home before, note that the Ontario rebate still applies to you, it has no first-time buyer test, and move-up buyers routinely assume otherwise and claim nothing. Read this one.
These are illustrative maximums at the ends of the local range, not a quote. Run your own numbers.
Land transfer tax
Cambridge is outside the City of Toronto, so you pay Ontario land transfer tax only, with no second municipal tax. Rates and the first-time buyer refund.
Getting around
Highway 401 directly, with the ION light rail extension to Cambridge planned.