(Newswire.net — July 5, 2022) — Cambridge, Ontario, has recently experienced tremendous housing interest due to low inventory and people looking for more square footage. The average cost of living in the city is lower than in other cities, so it might be an advantage considering the relocation process.
If you want to buy a house, it would be in your best interest to check the active real estate listings in Cambridge, as it may have your dream home already listed! Or, you can contact a Cambridge realtor to help you out.
Tips on Relocating to Cambridge, Ontario
Cambridge is a vibrant metropolitan city, home to many shopping malls and fine dining restaurants. But if you are thinking of moving to Cambridge, consider the following tips:
- If you have your original identification documents, necessary paperwork, or resume in a language other than French or English, you must translate them to avoid any delays or obstacles.
- If you want to get married in Cambridge, Toronto, you may need a marriage license. While you do not have to be a Canadian citizen to get married in Canada, you still need to be a resident or live in the country either temporarily or permanently.
- It may be expensive to ship your goods to Cambridge, Ontario. It may cost around $600 to $8,000, depending on where you are moving from.
- If you have pets, you should have them checked by a veterinarian before traveling. You may also need a health certificate to show once you reach your destination.
- Before moving to Cambridge, make sure to get as much information as possible on visas and work in Canada. Sometimes, you may need to secure a temporary or permanent residence permit.
- Regarding the real estate market, the average homes typically sell for 5% above the listing price and go pending in around 15 days. Popular homes sell for 13% above the listing price and go pending in 9 days. As of June 2022, the median sale price is $1,200,000.
- Build a relocation budget (the cost of a house-hunting trip, cost of selling your home, cost of down payment, closure fees of utilities, new furnishings, potential costs for upgrading your home, moving expenses)
- Start your financial planning as fast as possible. You may want 3 to 6 months of savings available as an emergency fund.
- Document your neighborhood and new adventures.
- Walk as much as possible and try to use public transportation. Cambridge, Ontario, has many riding trails, as well as hiking trails, swimming, and canoeing amenities.
- Research Cambridge’s laws and regulations.
Why Should You Move to Cambridge, Ontario?
Other than being an affordable city, Cambridge has a lot to offer. For starters, it is on the river as the Grande River runs through the whole town. In addition to that, the city has charm, character, and history. Some houses are over a hundred years old and are full of character. Moreover, the city is excellent for those considering starting a family.
Cambridge is also one of the cities the 401 expressway runs through, so depending on where you want to move, the highway is most likely nearby (from 2 to 10 minutes away). Finally, Cambridge is a fast-growing and evolving city where you can find great housing deals. The Cambridge real estate housing market has made the city a prime area to live for Toronto commuters.