193 Water Street S, Cambridge, ON N1R 3L7
Cambridge · Near Water Street South & Elliott Street · View map
About this home
Colliersis pleased to present the opportunity to acquire a 100% freehold interest in 193 Water Street South, Cambridge, Ontario (the "Property" or "Site"). The 5.06-acre Site comprises three land parcels and is improved with a detached dwelling fronting onto Highman Avenue, with the remaining lands vacant and unimproved. The Site is OPA and ZBA approved, permitting the development of five 15-storey residential apartment buildings containing a total of 991 residential units. The Site is located east of Water Street South and west of Highman Avenue, within an area characterized by a mix of established residential neighbourhoods, parks, and amenities, and is a 10-minute walk from Downtown Cambridge. The location offers strong regional connectivity via Highway 8 and Highway 401, accessible within a 7-minute drive, providing efficient access across the Region of Waterloo and the Greater Toronto Area. Convenient access to public transit is available, with a bus stop located 300 metres away and the Ainslie Street Bus Terminal located 1 kilometre from the Site. The planned future Light Rail Transit (LRT) extension is expected to further enhance connectivity, with a stop anticipated near the Ainslie Terminal within walking distance.
The home
- Type
- Land
- Square footage
- 5.056 sq ft
- Lot size
- 761.3 x 439.5 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $4,746/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- Immediate
- Cross street
- Water Street South & Elliott Street
More
- MLS® number
- X13504496
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
193 Water Street, Cambridge, ON N1R 3L7
Cambridge · Near Water Street South & Elliott Street
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Listing history for 193 Water Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 193 Water Street S
Answers come straight from this home’s MLS® listing.
How much is 193 Water Street S listed for, and what would it cost each month?
193 Water Street S is listed for $11,000,000. With 20% down ($2,200,000), the mortgage payment would be roughly $44,371 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $44,766 a month, all in. That figure is an illustration, not a quote.
Is 193 Water Street S freehold or a condo, and is there a monthly fee?
193 Water Street S is a land in Cambridge. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 193 Water Street S have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 193 Water Street S?
193 Water Street S is a land. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 193 Water Street S, and what is the lot size?
The lot is listed as 761.3 x 439.5 ft.
What are the property taxes for 193 Water Street S?
Property taxes are $4,746 a year (2025), or about $396 a month.
Where is 193 Water Street S?
193 Water Street S is in Cambridge. The nearest main intersection is Water Street South & Elliott Street. The postal code is N1R 3L7.
Is 193 Water Street S still for sale?
Yes. It is an active listing (MLS® X13504496). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 193 Water Street S asking?
Similar properties for sale nearby right now include 200 Beverly Street S at $8,277,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 193 Water Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 193 Water Street S?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Courtesy of: COLLIERS
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.