$499,900
FOR SALE

Duplex 2 1/2 Storey

Bedrooms: 4Bathrooms: 3Lot: 33 x 165 ft
2025 Taxes: $3,782.4

223 Water St
Cambridge, ON N1R 3B9 | Waterloo

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.
Extras
Accessory Apartment, In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor
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Listed By RE/MAX REAL ESTATE CENTRE INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12947170
Last Updated Apr 20, 2026
Property Summary
Property Type Duplex

More like this:
PIN 038070019
Legal Description PT LT 7 E/S HUNTER ST PL 440 CAMBRIDGE (AKA WATER ST N) AS IN WS701516; S/T & T/W WS701516; S/T 67EX408; CAMBRIDGE
Possession Date 30-90 days
Taxes (2025) $3,782.4
Directions/Cross Streets Dando Ave
Area Waterloo
Price History

Interested in obtaining the full price history for this property?
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Detailed Information
Fronting On East
Special Designations Unknown
Bedrooms 4
Bathrooms 3
Lot 33 x 165 ft
Exterior Brick
Air Conditioning Central Air
Basement Full, Walk-Up, Separate Entrance
Garage Type None
Parking Spaces 3
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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