223 Water Street

City Core/Wellington, Cambridge, ON N1R 3B9

For Sale · MLS® 40868453 · Cornerstone (ITSO) MLS®
3
Beds
2
Baths
1612
Sqft
Duplex Up/Down
Type

Description

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.

01 / Property recordListing details

Key Facts

MLS® #
40868453
Board
Cornerstone (ITSO) MLS®
Days on market
Tax
$3,782
Size
1612 sqft
Lot
33.14 × 165 ft
Parking
3 Parking

Listing History

Listing activity for 223 Water Street, Cambridge, ON

Date StartDate EndList PricePriceEventListing ID
N/AN/A$499,999N/AFor Sale40868453

Property Details

Property

Property Type
Duplex Up/Down
Style
Other
Community
City Core/Wellington
Municipality
Cambridge

Inside

Bedrooms
3
Bathrooms
2
Basement Type
Full, Unfinished

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air, Natural Gas

Building

Size
1612 sqft
Construction
Brick

Parking

Driveway
Outside/Surface/Open
Add. Parking
3
Total Parking
3

Land

Sewer
Sewer (Municipal)
Lot Size
33.14 × 165 ft

Additional

Foundation
Stone
Roof
Asphalt Shing
Extras
Other

Rooms (12)

Room 1

Level not provided

Room 2

Level not provided

Room 3

Level not provided

Room 4

Level not provided

Room 5

Level not provided

Room 6

Level not provided

Room 7

Level not provided

Room 8

Level not provided

Room 9

Level not provided

Room 10

Level not provided

Room 11

Level not provided

Room 12

Level not provided

Location

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

13 records read 6 on record nearby 7 checked, none on recordRead 2026-11-07

Water and conservation

  • No mapped wetland within 120 m
  • No water-supply well recorded within 250 m5 test or monitoring holes also recorded.
  • Bedrock about 14.6 m down nearbyThe middle depth to bedrock in the well records within 500 m.

Province of Ontario open data

Planning and building activity

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas

Province of Ontario open data

Around the home

  • Nearest rail line: 200 m
  • A trail on the Ontario trail network within 1 km

Province of Ontario open data

Environmental records

  • No licensed pit or quarry within 2 km
  • No recorded oil, gas or salt well within 250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is MacDonald Steel Ltd., 1.5 km away. Only facilities above the inventory’s reporting thresholds are listed.
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.

Province of Ontario open data · Government of Canada open data

Power and internet

  • Electricity is distributed here by GrandBridge Energy Inc.
  • Wired internet 50/10 Mbps or faster is listed at a household 60 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (60 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Vianet, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.

Ontario Energy Board · Innovation, Science and Economic Development Canada

None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.

02 / Plan your numbersTools

Mortgage Tools

Mortgage calculator

20%

Monthly Payment

$2,292

  • Down payment$100,000
  • Mortgage amount$399,999
  • Total interest$287,601
  • Total cost$787,600

Cash flow analysis

$2,292

Total monthly payment

$2,607

Break-even down payment

100%

Cash flow-$2,607
03 / Community profileNeighbourhood demographics

Expand Neighbourhood demographics to load Statistics Canada census charts.

$499,999

$499,999

CAD

Estimate unavailable

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