$999,000
Unlock Price Rating!

91 Water Street S, Cambridge on N1R 3E1, Cambridge, ON N1R 3E1

 Contact
7 Beds
1 Bath
3,259 Sq Ft

Whether you're a house-hacker hunting for the perfect place to live in and grow your wealth or a pure investor looking for an amazing investment vehicle (7.91% CAP rate!), this separately metered 4plex is truly a rare opportunity because the tenants pay almost all the utilities use: Each unit pays for their own heat & hydro plus one hydro meter for the landlord to pay for the common area usage, Where can you find an investment property that has a monthly net cash flow AFTER financing of $2, 822 with 20% down (@ 3.89% 30 yr AM) OR $2, 220 with 10% minimum down? Total 5 yr equity position @20% down $759, 000, 10 yr equity $1, 210, 000. Why this property stands out: Fully Renovated: Professionally redone from top to bottom, ensuring you attract and hold onto high-quality tenants and minimize future maintenance costs. Nearly everything is NEW, meaning fewer headaches and more peace of mind * Immediate Rental Income: all units rented are at market. Versatile Layouts: The suite configurations offers you diverse rental options. The composition includes one 3-bedroom, two 2-bedrooms, and one bachelor unit. Plus, there's parking for four vehicles at the rear of the property * Bonus: the City clears the snow on the sidewalk in front of the building. Amazing location! You've got the Grand River right in front of you with access to lots of walking trails including the famous Cambridge To Paris Rail-Trail. WALK to: Downtown 5 min, Cambridge Bus Terminal 6 min, groovy Gaslight District 8 min, U of Waterloo Cambridge 10 min, grocery store 12 min - so near to everything without being in the thick of it. By car you are only 15 min to the 401, 30 min to Hamilton, and an hour to Toronto. No, this one will not be available for long! Grab the brass ring and begin to create generational wealth! (Photos from when renovations were completed in 2024.)

Listing By: Gordon Charles Springle - Real Estate Homeward cnitso Realty.com
  • MLS® 40834260
  • Date Listed06/01/2026
  • Days on Realty 4 Days
  • Bedrooms 7
  • Bathrooms 1 Full baths
  • Lot Size -
  • County Waterloo
  • Year Built 1890
  • Square Feet 3,259 sq. ft
  • Price Per Sq. Ft $306.54

Interior Features

  • Appliances Water Heater Owned, Dryer, Refrigerator, Stove, Washer
  • Cooling None
  • Heating Baseboard, Electric, Forced Air, Natural Gas

Exterior / Lot Features

  • Exterior Balcony, Separate Hydro Meters
  • Roof Flat
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Urban, Ample Parking, High Traffic Area, Public Parking, Public Transit

Directions

North of Concession St on Water St South

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N1R 3E1

Discover key demographics, population statistics, and environmental insights for the Cambridge, ON area.

Walkability in ON / N1R 3E1

Source: Walk Score

76/100

Very Walkable

Walk Score ®

51/100

Good Transit

Transit Score ®

50/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.

Transit Summary

9 nearby routes: 9 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 32/100, Transit Score: 27/100, Bike Score: 39/100.

Points of Interest near 91 Water Street S, Cambridge ON N1R 3E1, Cambridge, ON N1R 3E1

Frequently Asked Questions for 91 Water Street S, Cambridge ON N1R 3E1

Source: Realty.com

91 Water Street S, Cambridge ON N1R 3E1, Cambridge, ON N1R 3E1 in Cambridge, ON N1R 3E1 is a single family residence listed at $999,000. Highlights include 7 bedrooms, 1 bathroom, 3,259 sq. ft., built in 1890, $307 per sq. ft.. Realty.ca has 26 photos, sales history, school insights, and mortgage tools for this list...

Realty.com has 26 photos of 91 Water Street S, Cambridge ON N1R 3E1.

Our records indicate that 91 Water Street S, Cambridge ON N1R 3E1 was built in 1890.

The full address for this home is 91 Water Street S, Cambridge ON N1R 3E1, Cambridge, ON N1R 3E1.

91 Water Street S, Cambridge ON N1R 3E1 has been listed on Realty.com since Mon June 01, 2026

Most errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 32/100, Transit Score: 27/100, Bike Score: 39/100.

Listing provided courtesy of: Real Estate Homeward (tel: 416-698-2090)
Listing agent: Gordon Charles Springle

This content last refreshed on 2026-06-05 14:45:33. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.