223 Water Street N, Cambridge, ON N1R 3B9
Cambridge · Near Across from GCI High School · View map
About this home
Great investment property with strong income potential. You will get vacant possession and set your own rents. The main level has living room, dining room, Eat-in kitchen, bathroom, Primary bedroom and a small bedroom with a full exist to the private backyard, The up stairs has Kitchen, eating area or living with two bedrooms and a loft. The basement has laundry, 3 piece bathroom... (currently the son is living there). The main level boasts high ceilings, a den/office/bed and a front and rear entrance. Three car 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.
The home
- Type
- Duplex
- Style
- 2 1/2 Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 4
- Bathrooms
- 3
- Kitchens
- 2
- Rooms
- 13
- Basement
- Separate Entrance
- Lot size
- 33.1 x 165 ft
- Faces
- East
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Oil
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 3
- Total parking
- 3
Taxes & other
- Property taxes
- $3,782/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- 30-120 days
- Cross street
- Across from GCI High School
More
- Price per sq ft
- ~$286 (at 1,750 sq ft)
- MLS® number
- X14011376
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The home and its surroundings
- Primary Bedroom - Main Floor
- 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.
223 Water Street, Cambridge, ON N1R 3B9
Cambridge · Near Across from GCI High School
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Listing history for 223 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 223 Water Street N
Answers come straight from this home’s MLS® listing.
How much is 223 Water Street N listed for, and what would it cost each month?
223 Water Street N is listed for $499,900. With 20% down ($99,980), the mortgage payment would be roughly $2,016 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,332 a month, all in. That figure is an illustration, not a quote.
Is 223 Water Street N freehold or a condo, and is there a monthly fee?
223 Water Street N is a duplex 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.
How many bedrooms and bathrooms does 223 Water Street N have?
223 Water Street N has 4 bedrooms and 3 bathrooms. The listing gives the style as 2 1/2 storey.
Does 223 Water Street N have a garage and parking?
The listing does not show a garage. The driveway adds 3 spaces. In total the listing counts 3 parking spaces.
Does 223 Water Street N have a finished basement?
The listing describes the basement as separate entrance. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 223 Water Street N?
223 Water Street N is a duplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 223 Water Street N, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 33.1 x 165 ft.
How is 223 Water Street N heated and cooled?
Heating is forced air (oil). Cooling is central air.
What are the property taxes for 223 Water Street N?
Property taxes are $3,782 a year (2025), or about $315 a month.
Where is 223 Water Street N?
223 Water Street N is in Cambridge. The nearest main intersection is Across from GCI High School. The postal code is N1R 3B9.
Is 223 Water Street N still for sale?
Yes. It is an active listing (MLS® X14011376). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 223 Water Street N asking?
Similar properties for sale nearby right now include 111 Ainslie Street N at $579,000 (4 bed), 176 Samuelson Street at $599,999 (4 bed) and 1346 King Street E at $639,900 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 223 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 223 Water Street N?
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.
Similar properties nearby
More properties for sale near Cambridge, picked by style, size and price.
Duplex$579,000111 Ainslie Street N, Cambridge4 bed · 2 bathCourtesy of: ROCK STAR REAL ESTATE INC.View home →
Duplex$599,999176 Samuelson Street, Cambridge4 bed · 3 bathCourtesy of: RE/MAX TWIN CITY REALTY INC.View home →
Multiplex$639,9001346 King Street E, Cambridge4 bed · 3 bathCourtesy of: Keller Williams Home Group RealtyView home →Courtesy of: RE/MAX REAL ESTATE CENTRE INC.
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.