Skip to content
Photo 1 of 22
Photo 1 of 22 — 223 Water Street N Street, Cambridge, ON N1R 3B9
View all 22 photos

223 Water Street N Street, Cambridge, ON N1R 3B9

Waterloo County

Key Facts

4Beds
3Baths
2Stories

Description

Great investment opportunity: legal duplex with strong income potential. You can get vacant possession and set your own rents. This up-and-down property includes two units 1-bedroom unit, two bedroom unit plus a possible of a basement in-law suite (currently the son is living there). The upper unit offers a playful loft for extra living . The main level boasts high ceilings, a den/office, and a front and rear entrance. Ample parking behind the house. Conveniently located near the schools, hospital, shopping, and downtown, with nearby parks, river trails, and walking paths for outdoor recreation. Twenty minutes to the 401 and a bus stop directly across the road.? Two Separate Hydro meters A real Money Maker.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

2 1/2 Storey

Stories

2

Lot Dimensions

33.0x165.0

Parking Spaces

3

MLS® Listing#

X12946794

Property Features

Interior

In-Law Floorplan

Cooling

Central Air

Heating

Natural GasForced Air

Basement

Partially Finished

Pool

None

Construction

Brick

Foundation

Stone

Roof

Asphalt

Rooms

  • Bathroom1.83 x 1.83Main
  • Bathroom2.29 x 1.37Basement
  • Bathroom1.98 x 1.52Second
  • Bedroom3.84 x 3.46Second
  • Bedroom 22.63 x 1.83Main
  • Kitchen2.29 x 2.18Second
  • Kitchen4.72 x 3.42Main
  • Living Room3.76 x 3.81Main
  • Living Room3.66 x 3.42Second
  • Loft4.11 x 9.14Third
  • Master Bedroom3.35 x 3.28Main

Financial Details

Annual Taxes

CA$3,782

Tax year 2025

Directions

Close to HWY 8 & 24

Affordability Calculator

$99,800

Estimated monthly payment

$2,656/mo

Principal $399,200 · Est. interest $556,920 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Cambridge, ON

CA$714,365
Median Listing Price
32
Median Days on Market
1,750
Median Sq Ft
CA$429
Median Price / Sq Ft
1,196
Active Listings
  • This home’s price is 30% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Cambridge, ON.

Location

Map showing the location of 223 Water Street N Street, Cambridge, ON N1R 3B9

Points of Interest in Cambridge, ON

Showing the Cambridge area map.

Nearby Schools

  • Galt Collegiate Institute

    Secondary · 0.2 km away

  • Blair Road Public School

    Elementary · 0.9 km away

  • Montessori School of Cambridge

    Elementary · 0.9 km away

  • St Peter School

    School · 1.0 km away

  • Avenue Road Public School

    School · 1.1 km away

  • St Anne Catholic Elementary School

    Elementary · 1.5 km away

  • St Augustine Catholic School

    School · 1.5 km away

  • Central Public School

    Elementary · 1.5 km away

  • Dickson Public School

    School · 1.6 km away

  • Highland Public School

    Elementary · 1.6 km away

  • Beechwood Brainery

    School · 1.7 km away

  • Elgin Street Public School

    Elementary · 1.8 km away

  • Christ the King

    School · 2.1 km away

  • St Andrew's Public School

    School · 2.2 km away

  • Mathnasium of Cambridge

    School · 2.2 km away

  • International School of Cambridge

    School · 2.3 km away

  • School of Rock

    School · 2.5 km away

  • Chalmers Street Public School

    Elementary · 2.6 km away

  • Stewart Avenue Public School

    School · 2.6 km away

  • Glenview Park Secondary School

    Secondary · 2.8 km away

Commute Calculator

Travel mode

Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

EXIT Agents in Cambridge

Information located on this site is from sources believed to be reliable but should not be relied upon without verification. The Ottawa Real Estate Board assumes no responsibility for its accuracy. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.F119

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by A00001796. MLS® Listing#X12946794. © 2026EXIT Realty®. All rights reserved.