Salehian.com 647-325-5000

223 Water Street N

Cambridge, N1R 3B9

$499,900

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  • 4 bedrooms
  • 3 bathrooms
  • 3 parking
  • 1500-2000 sq ft

Listed 7 days ago · MLS® X14011376

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.

Details

Type
Duplex
Style
2 1/2 Storey
Size
1500-2000 sq ft
Lot
33.14 × 165 ft
Basement
Separate Entrance
Garage
None
Kitchens
2
Property tax
$3,782 (2025)
Municipality
Cambridge

Interior

Bedrooms
4 above ground
Bathrooms
1 × 4-piece (main), 1 × 4-piece (second), 1 × 3-piece (basement)
Rooms
13 above ground
Family room or den
Yes
Fireplace
Living Room
Features
Primary Bedroom - Main Floor

Heating, cooling and services

Heating
Forced Air, Oil
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
2 1/2 Storey
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Stone
Faces
East

Parking

Total parking
3

Lot

Size
33.14 × 165 ft

More

Possession
30-120 days
Cross street
Across from GCI High School

Rooms

RoomLevelSizeFeatures
KitchenMain4.72 × 3.42 m (15'6" × 11'3")
Living RoomMain3.76 × 3.81 m (12'4" × 12'6")
Primary BedroomMain3.35 × 3.28 m (11' × 10'9")
OfficeMain2.36 × 1.83 m (7'9" × 6')
BathroomMain1.83 × 1.83 m (6' × 6')
KitchenSecond2.29 × 2.18 m (7'6" × 7'2")
Living RoomSecond3.66 × 3.43 m (12' × 11'3")
Primary BedroomSecond3.84 × 3.45 m (12'7" × 11'4")
Bedroom 2Second3.2 × 3.2 m (10'6" × 10'6")
BathroomSecond1.98 × 1.52 m (6'6" × 5')
Bedroom 3Third9.14 × 1.11 m (30' × 3'8")

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 2 grocery stores, 7 cafés and restaurants, 7 parks, 1 pharmacy. Nearest grocery: FreshCo (450 m). Nearest park: Riverbluffs Park (450 m).

Schools nearby

Elementary

  • Manchester Public School
    EQAO: Gr 6 reading 89%, math 37%    6 min walk
  • Blair Road Public School
    EQAO: Gr 6 reading 74%, math 49%    14 min walk
  • St. Peter Catholic Elementary School Catholic
    EQAO: Gr 6 reading 81%, math 57%    16 min walk
  • Avenue Road Public School
    EQAO: Gr 6 reading 78%, math 34%    18 min walk

Secondary

  • Galt Collegiate and Vocational Institute
    EQAO: Gr 9 math 68%, literacy test 83%    2 min walk
  • St. Andrew's Public School Catholic2.2 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N1R

Owners / renters
59% / 41%
Median household income
$77,000
Average age
42
Children under 15
16%
Homes
46% detached, 10% high-rise
Commute by transit
5%
Population
42,928

Languages spoken most at home besides English: Portuguese 3.3%, Gujarati 1.5%, Urdu 1%, Spanish 0.7%.

Safety

Crime Severity Index for Waterloo Region (Kitchener) police: 67 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Kitchener: 17 km. Transit times · Driving times

Noise 1 source nearby

  • 🚆 Rail line (Galt Subdivision)200 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX REAL ESTATE CENTRE INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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