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Cambridge (2016 population 129,920) is a city located in Southern Ontario at the confluence of the Grand and Speed rivers in the Regional Municipality of Waterloo, Ontario, Canada. It was formed in 1973 by the amalgamation of Galt, Preston, Hespeler, the settlement of Blair and a small portion of surrounding townships.
The former Galt covers the largest portion of Cambridge, making up the southern half of the city. The former Preston and Blair are located on the western side of the city, while the former Hespeler is in the most northeasterly section of Cambridge. There was considerable resistance among the local population to the amalgamation arranged by the provincial government, and a rivalry had always governed relations among the three communities. Each unique centre has its own history that is well documented in the Cambridge City Archives.
As Cambridge has developed and the open spaces between the original municipalities have been filled in, a fourth commercial core, entirely modern in its construction, has emerged between the three former municipalities. The Macdonald-Cartier Freeway Highway 401 runs through the northern portions of the city.
You need only 20% of the value of the property invested in a home. The rest can be easily withdrawn through a second mortgage in Cambridge. Idle equity in a home simply means uninvested immobile money in your cupboard. Equity in your home is your own property and can be employed where ever you wish. Why keep it idle then?
Things You Can do With a Second Mortgage in Cambridge
We have been providing Second Mortgages in Cambridge since a decade now and can help you secure the best terms with a quick process.