$499,900
5.37 BTC
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223 Water Street, Cambridge
$499,900
PRICE
4
BEDROOMS
3
BATHROOMS
X12947170
MLSID

223 Water Street, Cambridge

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.
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Summary

Address
223 Water Street
MLSID
X12947170
Property Type
Duplex
Property Category
Bedrooms
4
Bathrooms
3
Kitchens
2
Taxes (Annual)
$3,782.40
Tax Year
2025
Published
April 1, 2026
Days on Market
55 Days
Possession Type
Flexible
Possession Details
30-90 Days
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Details

Basement
Full, Walk-Up, Separate Entrance
Exterior Features
Deck
Interior Features
Accessory Apartment, In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor
Parking Spaces
3
Parking Total
3
Architectural Style
2 1/2 Storey
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Width
33 Feet
Lot Depth
165 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Owner
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with RE/MAX REAL ESTATE CENTRE INC.
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