225 ,229,231 Water Street
Cambridge, ON
6,580 sqft • Investment • 213 days on market
Welcome to an exceptional Water Street assembly featuring three side-by-side properties on a combined lot of over half an acre. This investment opportunity includes 225, 229 & 231 Water Street, offering a legal 6-plex, a detached 2-storey home, and a legal duplex with a rear warehouse. Perfectly located across from Galt Collegiate Institute (GCI) and just steps to Downtown Galt, the Grand River, schools, shopping, and transit, this rare package provides multiple streams of rental income, excellent development potential, and additional space for storage or operations. Annual property taxes are as follows: 225 Water St - $6,641.11, 229 Water St - $3,446.52, and 231 Water St - $4,205.92. All three properties are being sold together or could be sold separately, offering investors and developers a one-of-a-kind opportunity to secure a substantial footprint in Cambridge's rapidly growing core.
Listing Details
- Taxes (2025)
- $14,293
- Listed
- January 27, 2026
Price History
Property
- Lot Size
- 72.58 x 149.83 Feet
Location & Legal
- Cross Street
- Hespeler Rd / Water St
- Zoning
- R5
- Parcel Number
- 038070018
- Possession
- Flexible
Commercial
- Business Type
- Other
- Occupancy
- Tenant
Included
- Exclusions
- Tenant Belongigs
- Rental Items
- Hot water heater
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
Commercial in Cambridge · last 12 months
- Median sold price
- $678,700
- Homes sold
- 1,247
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,247 recorded sales of commercial properties in Cambridge over the last 12 months.
Listed by
RE/MAX REAL ESTATE CENTRE INC.
Location
Commercial figures
- Building area
- 6,580 sq ft
- Price per sq ft
- $265.94
- Annual property tax
- $14,293
- Tax per sq ft
- $2.17
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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