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225 Water St N 6 Unit Apartment Building $1,399,700 CAD ($233,283 CAD/Unit) Cambridge, ON N1R 3B9



Executive Summary
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. MLS 40847819
Property Facts
| Price | $1,399,700 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $233,283 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| No. Units | 6 | Building Size | 3,728 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1961 |
| Zoning | R5 - Residential Multi Family Zoning | ||
| Price | $1,399,700 CAD |
| Price Per Unit | $233,283 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,728 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Zoning | R5 - Residential Multi Family Zoning |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Tub/Shower
- Dining Room
- Porch
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Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100
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225 Water St N
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