Home ›Listings ›Cambridge ›X12947170

223 Water Street Cambridge ON

📍 Cambridge, Ontario N1R 3B9

$499,900

Active
4BEDS
3BATHS
3PARKING
2KITCHENS
33×165LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X12947170
ListedApr 1, 2026
Days on Market—
Property TypeResidential Freehold
StyleDuplex
Cross StreetDando Ave
Possession30-90 days
Virtual TourView Tour →

📝 Listing 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 Details

Property TypeResidential Freehold
StyleDuplex
Bedrooms4
Bathrooms3
Kitchens2

📐 Lot & Land

Lot Width33 ft
Lot Depth165 ft
Cross StreetDando Ave

🔧 Building & Utilities

Heat SourceGas
HeatingForced Air
CoolingCentral Air
BasementFull, Walk-Up, Separate Entrance
GarageNone
Parking3
ConstructionBrick
RoofAsphalt Shingle

💰 Financial

List Price$499,900
Annual Taxes$3,782.4 (2025)
Possession30-90 days

🧮 Mortgage Calculator

$99,980
Est. Monthly Payment
$2,456/mo
Principal: $399,920 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by RE/MAX REAL ESTATE CENTRE INC.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X12947170 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.