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223 WATER Street N, Cambridge — listed at $499,999. Earn buyer cashback at closing. No catches, just more money in your pocket.
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 room 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. (id:60164)
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is 223 WATER Street N a good fit for a growing family?+
With 3 bedrooms and 2 bathrooms (1612 sq ft), there's room for kids plus a guest room or home office. The 3-storey layout keeps living and sleeping areas separated.
What's the parking situation?+
This property includes 3 spaces — Open.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Does it have a basement, and is it finished?+
Yes — Unfinished, Full. A finished basement adds meaningful living space beyond the listed square footage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,782, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
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