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For Sale
$499,000
Estimated monthly cost
$2,637/mo
20% down • 5.00% rate • 25 yr • incl. tax

223 Water Street North, Cambridge, ON N1R 3B9

Cambridge
4
Beds
3
Baths
3
Parking
1,500–2,000 ft²
Size
Property type
Detached
Listed
82 Days
Annual taxes
$3,782 /yr (2025)
MLS® number
X12946794
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.

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
Style
2 1/2 Storey
Basement
Finished Basement
Exterior Finish
Brick
Heating
Forced Air · Gas
Cooling
Central Air
Pool
None
Parking
Garage Type
None
Total Parking
3
Land
Lot Size
33 × 165 ft
Sewer
Sewer
Listing
MLS® Number
X12946794
Listed Date
Apr 1, 2026
Last Updated
Apr 20, 2026

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School Zones

School boundaries and eligibility may change. Confirm school eligibility directly with the school board.

Location

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$499,000
223 Water Street North, Cambridge, ON N1R 3B9

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. Used under licence.

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