CAMBRIDGE, ONTARIO INFORMATION & REAL ESTATE & LOCAL SERVICES

   Links to information on homes, municipal government, services, housing outlook, community and area information, stories, testomonials and photos.
    City Profiles > Cambridge Home

For information on premium advertising on City Profiles email advertise@link2realty.org.

Cambridge, Ontario

Cambridge has a population of 120,371 (2006), and is a part of the Tri-Cities area in Southwestern Ontario. The Tri-Cities includes Kitchener, Waterloo and Cambridge, and is one of the fastest growing areas in Ontario. Cambridge is located on the Grand River, and is home to a satellite campus of Conestoga College, which is located in Kitchener.

Cambridge was formed when Galt, Hespeler and Preston amalgamated into one city, however, Cambridge still uses these names to designate different areas of the city.

Cambridge is also home to many large companies including Toyota Motor Manufacturing Canada, ATS Automation Tooling Systems, Frito-Lay Canada, Babcock and Wilcox and Northstar Aerospace. (Pictured: Riverside Park, Cambridge)

House Prices

 

Important Information About Your Rates


Effective July 1, 2008 you will begin to notice an increase in your gas bill. The Ontario Energy Board approved changes to the rates Union Gas charges its customers. For most customers the total increase will amount to $254.99 based on an annual volume of 2,600 m 3.

The gas commodity rate has increased by 7.3112 cents/ m 3. This change reflects the increase in Union Gas forecast cost to purchase natural gas for the next 12 months.

In addition, the change in the gas price adjustment is an increase of 2.0276 cents/ m 3. This change reflects the difference between the projected cost of natural gas that Union Gas expects to pay and the amount that Union Gas expects to recover through the current gas commodity rate over the next 12 months.

The gas rate is adjusted this way so that you are billed at a rate that more closely reflects the market price of natural gas and avoids large out-of-period adjustments.

The transportation rate has increased by 0.4676 cents/ m 3 to 3.5148 cents/ m 3. Delivery price increased slightly by 0.0224 cents/ m 3.

Don't Be Alarmed, I.D. Required

As of June 23, 2008, your REALTOR® will have to ask for identification, as in picture I.D. In June 2007, the federal government approved amendments to regulations under the Proceeds of Crime (Money Laundering)and Terrorist Financing Act (PCMLTFA). The amendments, which come into effect on June 23, 2008, are designed to broaden the scope of record keeping and reporting requirements. This means that real estate salespersons and brokers will have new obligations under the PCMLTFA.

Requirements as of June 23, 2008 will include a receipt of funds record for all transactions regardless of the amount of funds received (unless funds are received from a financial entity or public body). In addition, a client identification record will be required to be completed with respect to every purchase and sale regardless of the existence of a cash deposit. Salespersons and brokers will be required to verify and record the identification of each client involved in a particular sale.

Rent Increase Guideline

The Ontario Government has set the rent increase guideline at 1.8% for 2009.

Featured Stories

If you're looking for a little piece of the Rock, then Cambridge is the place to be. There is a small restaurant and store in Cambdrige that specializes in food and food items that you can only get in Newfoundland. In my family, we call it "The Newfie Store" and to this day, I don't know the real name. They carry items such as jam-jams, cream crackers and pineapple crush. You can also sit down to some fish and chips, fries with dressing and gravy, or a Jigs Dinner. It is definitely a great place to go to relax and have a great taste of home. Mummers not included.

-Sandra Rohfrietsch

REALTOR®, Realtor®, realtor

The word REALTOR® is a registered trademark owned in Canada by REALTOR® Canada Inc., a subsidiary of the Canadian Real Estate Association. Only members of the Canadian Real estate Association have the right to use the trademark and in strict accordance with the rules and only to identify membership in this association. The word Realtor®: is a registered trademark in the United States and only members of the National Association of Realtors®: are permitted to use and spell (upper case and lower case) the word. This is a Canadian site offering information, the word REALTOR® intended use is that of a member of the Canadian Real Estate Association. The owner of the site is a member of the Canadian Real Estate Association. If you would like further information please contact.

City Profiles | Site Map | Privacy Policy | Contact Us | ©2006 link 2 realty ltd. Real Estate Brokerage