
16 RICH Avenue
Cambridge, Ontario
3 bed • 2 bath • Single Family
Not every home is move-in ready, but some are ready to be transformed, and if you've been waiting for the right project, this is one that makes a lot of sense. Set on a mature 65' x 99' property in one of Cambridge's historic neighbourhoods, 16 Rich Avenue is the kind of home where the upside is clear from the moment you arrive. A long driveway leads to a solid, well-kept detached garage, while the lot itself offers the space and setting that newer areas simply can't replicate. Inside, the home is ready for its next chapter. The structure is there, the layout is functional, and the character remains. It just needs the right vision and dedication to bring it back to life. Whether you're a buyer looking to build equity, a contractor ready for your next project, or someone who sees the value in restoring a home over time, this is a chance to create something that reflects your own style and effort. The location only adds to the appeal: established streets, mature trees, and a neighbourhood that has stood the test of time, plus close proximity to downtown Galt, the Grand River, parks, and everyday amenities. This isn't a turnkey home, and that's exactly the point. It's a property with character and potential, in a location that makes the work worthwhile.
Price History
Property
- Lot Size
- 0.15 acres
Schools
Elementary
- Central Public School0.3 km
Public · Waterloo Region DSB · 255 students
Grade 3 reading: 61% met the provincial standard · Grade 6 math: 38% met the provincial standard
- St Anne Catholic Elementary School0.9 km
Catholic · Waterloo CDSB · 425 students
Grade 3 reading: 63% met the provincial standard · Grade 6 math: 27% met the provincial standard
- Chalmers Street Public School1 km
Public · Waterloo Region DSB · 385 students
Grade 3 reading: 58% met the provincial standard · Grade 6 math: 35% met the provincial standard
Secondary
- Glenview Park Secondary School1.4 km
Public · Waterloo Region DSB · 1055 students
Grade 10 literacy: 85% met the provincial standard
- Galt Collegiate and Vocational Institute1.5 km
Public · Waterloo Region DSB · 960 students
Grade 10 literacy: 83% met the provincial standard
- Monsignor Doyle Catholic Secondary School2.1 km
Catholic · Waterloo CDSB · 1115 students
Grade 10 literacy: 92% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N1R
- Population
- 42,928
- Private dwellings
- 18,081
- Median age
- 40.8
- Average household size
- 2.5
- Median household income
- $77,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Cambridge · last 12 months
- Median sold price
- $675,000
- Homes sold
- 1,255
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,255 recorded sales of single family properties in Cambridge over the last 12 months.
Walk Score
Walk
Transit
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Scores by Walk Score®
Location
Mortgage Calculator
$79,980
Estimated Monthly Payment
$1,965
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,965/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $100/mo
Estimates only. Consult a financial advisor.
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