Townhouses for Sale in Cambridge
Under $500K

Today: 5-yr fixed from 3.95% · 5-yr variable from 3.50%

Freehold and condo townhouses bridge the gap between condo affordability and detached privacy. Strong investor product with minimal exterior maintenance. Median list price in Cambridge this band: $475K · 59 active · avg 19 days on market.

Get the live list

59 active · median $475K

Sent within 1 business hour with today's 3.95% 5-yr fixed rate.

Townhouses in Cambridge Under $500K

59 active · median $475K

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Median List Price

$475K

Active Listings

59

Avg Days on Market

19 days

YoY Change

-9.0%

6-Month Median Price Trend

Dec

$474K

Jan

$468K

Feb

$482K

Mar

$477K

Apr

$483K

May

$471K

What is the average townhouse price in Cambridge in 2026?

The benchmark price for a townhouse in Cambridge in 2026 is approximately $475K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 59 active listings, moving in an average of 19 days on market. Prices are down 9.0% year-over-year.

Is Cambridge a buyer's or seller's market right now?

Cambridge is currently a balanced market for townhouses in this band. Inventory is turning over in 19 days with prices down 9.0% year-over-year. Neither side has decisive leverage right now.

Families helped in Cambridge

27+

Licensed Mortgage Brokerage

Pineapple Financial · LIC #12830

Reverse mortgage explained without the sales hype. We got the funds and kept the house.
James K., Retiree, Cambridge

What $475K gets you in Cambridge.

Townhouses in Cambridge priced under $500k are tracking against a CREA MLS® HPI benchmark of $577K for the cambridge area. Within this band the median list comes in near $475K — down 9.0% year-over-year. Active inventory is moving in roughly 19 days.

Typical Size

1,200–2,000 sqft

Bedroom Range

2–4 bedrooms

Ownership Style

Freehold or condo

Sample comparables in this band.

Galt, Cambridge

$496K

4 bed3 bath1,380 sqft
Preston, Cambridge

$475K

2 bed3 bath1,500 sqft
Hespeler, Cambridge

$519K

3 bed3 bath1,650 sqft

Sample comparables only — request the live MLS report for current availability and pricing.

Where these townhouses are clustered in Cambridge.

Cambridge Townhouse FAQ

What is the median price for townhouses in Cambridge under $500k?

As of 2026-05-01, the median list price for townhouses in Cambridge priced under $500k sits at approximately $475K based on active MLS inventory.

How many townhouses are currently for sale in Cambridge in this price range?

There are roughly 59 active townhouses for sale in Cambridge priced under $500k. Inventory typically refreshes weekly via the local MLS board.

How long do townhouses stay on the market in Cambridge?

Townhouses in Cambridge priced under $500k are averaging 19 days on market. That signals a seller-leaning market — buyers should expect competition and pre-approved offers.

Are Cambridge townhouse prices going up or down?

Year-over-year median townhouse prices in Cambridge (this band) are down 9.0%. Six-month trend data is available on this page.

What mortgage do I need to buy a townhouse at this price in Cambridge?

On a $475K purchase with 20% down, you'd carry a mortgage of about $380K. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $2,322 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.

Step 1 · See Inventory

Get the Live List — 59 active, median $475K.

Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Cambridge advisor within 1 business hour.

Townhouses in Cambridge Under $500K

Median $475K · 59 active · 3.95% 5-yr fixed

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Step 2 · Lock in financing

Get pre-approved for a $380K mortgage.

Based on $475K median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.

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