For Sale: 223 Water Street N, Cambridge, ON - REW
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$499,900
4 bd 2 ba 1618 sf Duplex

223 Water Street NCambridge, ON, N1R 3B9

  • 4 Bed
  • 2 Bath
  • 1618 Sqft
  • Duplex

About this home

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.
Listed by: Clare Dejong, RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3

Home facts and features

Price details
List Price
Gross Taxes for 2026
$3,782
Home facts
Bedrooms
4
Full Bathrooms
2
Parking Spaces
3
Parking Details
Gravel
Property Type
Duplex
Lot Size
33 ft x 165 ft (5462 ft²)
Depth
165.0
Frontage
33.1
Heating Type
Forced Air,Natural Gas
Cooling
Central Air
Basement Details
Full,Unfinished
Features
Carbon Monoxide Detector(s), Shared
Appliances
1 Dryer In Basement. 2 Storage Sheds Stay. 3 Storage Are Being Removed. You Can Get Vacant Possession For All Units. No Problem., 1 Washer, 2 Refrigerators, 2 Stoves
Agent details
Primary Agent
Primary Broker
RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3
Listing details
Days on REW
70 Days
Property Views
20
MLS® Number
40813986
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Galt Collegiate Vocational Institute
  • Public
  • 9 - 12
Manchester Public School
  • Public
  • JK - 6
Blair Road Public School
  • Public
  • JK - 6
St Peter Catholic Elementary School
  • Catholic
  • JK - 8
Avenue Road Public School
  • Public
  • JK - 8
St Augustine Catholic Elementary School
  • Catholic
  • JK - 8
Highland Public School
  • Public
  • JK - 6
Central Public School
  • Public
  • JK - 6
St Anne Catholic Elementary School
  • Catholic
  • JK - 8
Elgin Street Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-09.