223 WATER Street
Cambridge, Ontario
4 bed • 3 bath • Single Family
Incredible opportunity just steps from most everything! Whether you're a first-time buyer or a savvy investor, this bright home is bursting with potential! Move right in and enjoy the freshly painted main level while you are generating income from the upper level which has it own separate entrance, perfect for couple, single, student... The basement (son is living there now) could be a future in-law suite or whatever your heart desires. Upstairs has two bedrooms with a unique loft. Nestled in the centre of Cambridge near shopping, schools, hospital and a bus stop at the front door. This location truly has it all. The huge backyard offers plenty of space to relax, play, or even explore the possibility of a future garden suite. Don’t miss out on this exciting chance to own a versatile home in one of Cambridge most convenient pockets!
Price History
Schools
Secondary
- Galt Collegiate and Vocational Institute0.2 km
Public · Waterloo Region DSB · 960 students
Grade 10 literacy: 83% met the provincial standard
- Glenview Park Secondary School2.7 km
Public · Waterloo Region DSB · 1055 students
Grade 10 literacy: 85% met the provincial standard
- Southwood Secondary School2.7 km
Public · Waterloo Region DSB · 700 students
Grade 10 literacy: 74% met the provincial standard
Elementary
- Manchester Public School0.3 km
Public · Waterloo Region DSB · 340 students
Grade 3 reading: 61% met the provincial standard · Grade 6 math: 37% met the provincial standard
- Blair Road Public School1 km
Public · Waterloo Region DSB · 405 students
Grade 3 reading: 77% met the provincial standard · Grade 6 math: 49% met the provincial standard
- St Peter Catholic Elementary School1 km
Catholic · Waterloo CDSB · 310 students
Grade 3 reading: 61% met the provincial standard · Grade 6 math: 57% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N1R
- Population
- 42,928
- Private dwellings
- 18,081
- Median age
- 40.8
- Average household size
- 2.5
- Median household income
- $77,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Cambridge · last 12 months
- Median sold price
- $678,700
- Homes sold
- 1,253
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,253 recorded sales of single family properties in Cambridge over the last 12 months.
Location
Mortgage Calculator
$99,980
Estimated Monthly Payment
$2,456
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,456/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $125/mo
Estimates only. Consult a financial advisor.
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