223 Water Street N
Cambridge, Waterloo ON N1R 3B9
$499,999
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 room 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.
| List Price: | $499,999 |
|---|---|
| Property Sub Type: | Duplex Up/Down |
| Bedrooms Total: | 3 |
| Tax Annual Amount: | $3,782 |
| Waterfront?: | No |
| County Or Parish: | Waterloo |
| Lot Features: | Rectangular, City Lot, Hospital, Library, Major Anchor, Park, Place of Worship, Playground Nearby, Public Parking, Public Transit, Rec./Community Centre, Schools, Shopping Nearby, Trails |
| State Or Province: | ON |
| Directions: | Dundas |
| Foundation Details: | Stone |
| Basement: | Full, Unfinished |
| Building Area Total: | 1,612 |
| Above Grade Finished Area Units: | Square Feet |
| Open Parking?: | Yes |
| Parcel Number: | 038070019 |
| Sewer: | Sewer (Municipal) |
| Exclusions: | Personal Belongs |
| Farm Land Area Units: | Square Feet |
| MLS Area Minor: | 20 - City Core/Wellington |
| Above Grade Finished Area: | 1,612 |
| Hst Applicable To Sale Price: | Included |
| Lot Depth: | 165 |
| Survey Type: | None |
| Under Contract: | Hot Water Heater |
| Open Parking Spaces: | 3 |
| Beds Total 1: | 1 |
| Baths Total 2: | 1 |
| Description 2: | Can be vacant. Set your own rent. |
| Unit Type 2: | 2 Bedroom |
| Units Total 2: | 1 |
| Baths Total 3: | 1 |
| Beds Total 3: | 2 |
| Unit Type 3: | 2 Bedroom |
| Units Total 3: | 1 |
| Number Of Units Total: | 3 |
| Listing ID: | 40868453 |
|---|---|
| Property Type: | Rental Income |
| Status: | Active |
| Bathrooms Full: | 2 |
| Living Area Sqft: | 1,612 |
| City: | Cambridge |
| Postal Code: | N1R 3B9 |
| Cooling: | Central Air |
| Heating: | Forced Air, Natural Gas |
| Parking Features: | Gravel |
| Status: | Active |
| Water Source: | Municipal |
| Roof: | Asphalt Shing |
| Laundry Features: | Shared |
| Construction Materials: | Brick |
| Listing Contract Date: | 2026-10-13 |
| Heating?: | Yes |
| Bathrooms Total Integer: | 2 |
| Basement: | true |
| Living Area Units: | Square Feet |
| Below Grade Finished Area Units: | Square Feet |
| MLS Area Major: | 12 - Galt East |
| Zoning: | R-5 |
| Stories Total: | 3 |
| Frontage Length: | 33.14 |
| Parking Total: | 3 |
| Security Features: | Carbon Monoxide Detector(s) |
| Acres Range: | < 0.5 |
| Current Price: | 499,999 |
| Driveway Parking: | Outside/Surface/Open |
| Holdover Days: | 120 |
| Ratio Current Price By Above Gra: | 310.17308 |
| Inclusions: | Other |
| Lot Size Dimensions: | 33.14 x 165 |
| Association Fee 2 Frequency: | Monthly |
| Property Condition: | 100+ Years |
Listing Courtesy of: RE/MAX REAL ESTATE CENTRE INC.
Listing Agent: Clare Dejong
Walkscore
Transition with Care
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Information Technology Systems Ontario data last updated on October 14, 2026 03:07 AM - ET.
Property Last Updated: October 14, 2026 03:07 AM - ET
