45 days on Market

223 Water St, Cambridge, Ontario N1R 3B9

Townhouse
4
3
~1500-2000 sqft
$499,900
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Townhouse
4
3
~1500-2000 sqft

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Highlights

Property Estimate

Days on market45 days

Estimated valueNot available

Price/Sqft$291/sqft

Monthly cost

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Description

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.


Property Details

Style2 1/2 Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size5,445 SqFt(165 x 33)
Parking Spaces3
MLS ®NumberX12947170
Community NameRiverview
Data SourceTRREB
Listing byRE/MAX REAL ESTATE CENTRE INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full, Walk-Up

Features

Lot size: 5,445 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property listed by RE/MAX REAL ESTATE CENTRE INC., Brokerage
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Market Data - Riverview

Geo Zone Map ThumbnailRiverview

Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

33 days

Compared to

2025

15 days

2024

24 days

2023

0 day

New Listings

Past 30 days

5 listings

Compared to

2025

5 listings

2024

1 listing

2023

1 listing

Units sold

Past 30 days

3 units

Compared to

2025

3 units

2024

1 unit

2023

0 unit

Median Sold Price

Past 30 days

$710,000

Compared to

2025

$710,000

2024

$750,000


Population and Demographics

Overview

Total population 3422
Average household income $101,865

Age (%)

0 to 19
17%
20 to 34
21%
35 to 49
17%
50 to 64
21%
65 and plus
23%

Household composition (%)

Single family
56%
Single person
38%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
84%
Portuguese
5%
Others
4%
Gujarati
2%
Spanish
2%
French
1%

House tenancy (%)

Owners
58%
Renters
42%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget