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Some Interesting Cambridge Facts... |
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Location - Cambridge is strategically located in the centre of Southern
Ontario, about 75 miles from Toronto, 100 miles from Buffalo, and 200 miles from
Detroit.
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Population - In the 2001
census, Cambridge was the 18th largest city in Ontario with a population of
110,372. Population in 2006 is estimated at 122,000 - an increase of about 10%
within the last 5 years. It is part of the 4th largest urban area - Waterloo Region -
with a combined population of 387,319 in 2001.
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History - Like other communities along the Grand River,
the Cambridge area was originally purchased from the Six Nations Indians in the
early 1800s. A sawmill and gristmill were constructed by John Erb in 1806 and
1807 at the confluence of the Grand and Speed Rivers. But it was not until 1832
that Erb's original section of 7500 acres was divided into lots and sold to
homesteaders.
By 1855 the population had reached 1500 - mostly young German immigrants.
Three separate communities developed -- Preston, Hespeler, and Galt. With the
formation of the Region of Waterloo in 1973, the three towns were amalgamated in
1973 to form Cambridge.
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Economy - Cambridge has a diverse and bouyant
economy with strong manufacturing, insurance, and service sectors.
Waterloo Region has one of the highest average standards of living in Canada.
Its location on the major highway between Toronto and Detroit give it strategic
importance as a communication and transportation centre.
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Real Estate - Cambridge has a dynamic real estate market.
It is centrally located between Toronto, Kitchener-Waterloo, and London, so a
significant number of Cambridge residents work in and communte to those cities.
Homes are priced significantly lower than similar homes in the Toronto area. |
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Call me at 1-888-615-9231 and I'll help you find the perfect
home in Cambridge.
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Contact Scott
For more information, or to answer your specific question,
use the form below.
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