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For saleMLS® X14011376

223 Water Street N, Cambridge, ON N1R 3B9

Galt · N1R 3B9

$499,900

$333 / sq ft

3 weeks on market

Bedrooms
4
Bathrooms
3
Interior
1,500 sf
Parking
3
Lot
33.14 × 165 ft

What's special

  • 3 parking spaces
  • Central air
  • Separate entrance
  • Primary bedroom - main floor

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About this property

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.

Rooms

11 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
KitchenMain4.72 × 3.42 m15.5 × 11.2 ft—
Living RoomMain3.76 × 3.81 m12.3 × 12.5 ft—
Primary BedroomMain3.35 × 3.28 m11.0 × 10.8 ft—
OfficeMain2.36 × 1.83 m7.7 × 6.0 ft—
BathroomMain1.83 × 1.83 m6.0 × 6.0 ft—
KitchenSecond2.29 × 2.18 m7.5 × 7.2 ft—
Living RoomSecond3.66 × 3.43 m12.0 × 11.3 ft—
Primary BedroomSecond3.84 × 3.45 m12.6 × 11.3 ft—
Bedroom 2Second3.20 × 3.20 m10.5 × 10.5 ft—
BathroomSecond1.98 × 1.52 m6.5 × 5.0 ft—
Bedroom 3Third9.14 × 1.11 m30.0 × 3.6 ft—

Features

  • Primary Bedroom - Main Floor

Property details

Property

Property type
multiplex
Bedrooms
4
Bathrooms
3
Interior size
1,500 sq ft
Lot size
33.14 × 165 ft
Possession
30-120 days

Interior

Basement
Separate Entrance
Heating
Forced Air · Oil
Cooling
Central Air
Exposure
East

Exterior & services

Construction
Brick
Parking spaces
3
Sewer
Sewer

Costs

List price
$499,900
Property taxes
$3,782 / year (2025)
Price per sq ft
$333

Listing

MLS® number
X14011376
Status
For sale
Listed
October 13, 2026
Days on market
23
Last updated
October 14, 2026
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 6% of comparable multiplex listings in Cambridge are asking less.

$557KMedian $800K$1.35M
This home
$333 / sq ft
Comparable median
$440 / sq ft

Based on 17 comparable active multiplex listings in Cambridge. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $24,995
$24,995
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,625.83
Property tax (est.)
$315.17
Estimated monthly
$2,941

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$6,473
Total due on closing
$6,473

An estimate on the asking price of $499,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$499,900

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