Br (2.4 × 3.7)
Laminate
Level: Main
91 Water St
Cambridge, Ontario N1R 3E1
Description
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.)
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13225358
- Board
- TRREB MLS®
- Days on market
- Tax
- $5,743
- Size
- 3000-3500 sqft
- Lot
- 31.9 × 151.8 Feet
- Parking
- None, 4 Parking
Listing History
Listing activity for 91 Water St, Cambridge, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $999,000 | N/A | For Sale | X13225358 |
Property Details
Property
- Property Type
- Fourplex
- Style
- 2-Storey
- Municipality
- Cambridge
Inside
- Bedrooms
- 7
- Bathrooms
- 4
- Bathroom Detail
- 1, 3pc, Ground
- Bathroom Detail
- 1, 3pc, Ground
- Bathroom Detail
- 1, 3pc, 2nd
- Bathroom Detail
- 1, 3pc, 2nd
- Basement Type
- Half
- Kitchens
- 4
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Baseboard
Building
- Size
- 3000-3500 sqft
- Construction
- Brick
Parking
- Driveway
- Lane
- Garage Type
- None
- Add. Parking
- 4
- Total Parking
- 4
Land
- Sewer
- Sewers
- Lot Size
- 31.9 × 151.8 Feet
- Lot Size Code
- Feet
Additional
- Year built
- 100+
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle, Flat
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
- Extras
- 4 of each: fridge, stove, washer/dryer; 4 of each: fridge, stove, washer/dryer; electric hot water tanks so tenants pay for usage of each unit's own heat, gas and water; all light fixtures, all light fixtures
Rooms (17)
2nd Br (3.5 × 3.2)
Laminate
Level: Main
3rd Br (3.4 × 3.5)
Laminate
Level: Main
Kitchen (4.7 × 3.3)
Laminate
Level: Main
Living (4.0 × 1.9)
Laminate
Level: Main
Br (3.5 × 3.3)
Laminate
Level: 2nd
2nd Br (3.0 × 2.2)
Laminate · W/I Closet
Level: 2nd
Laundry (2.2 × 3.7)
Laminate
Level: 2nd
Kitchen (2.2 × 3.8)
Laminate
Level: 2nd
Living (4.0 × 5.5)
Laminate
Level: 2nd
Br (3.5 × 2.3)
Laminate
Level: 2nd
2nd Br (3.6 × 3.0)
Laminate
Level: 2nd
Laundry (3.2 × 3.7)
Laminate
Level: 2nd
Living (4.0 × 5.5)
Laminate
Level: 2nd
Kitchen (2.2 × 3.8)
Laminate
Level: 2nd
Living (4.2 × 4.2)
Laminate
Level: Main
Kitchen (2.4 × 4.3)
Laminate
Level: Main
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
13 records read 7 on record nearby 6 checked, none on recordRead 2026-10-28
Water and conservation
- No mapped wetland within 120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use; 61 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 9.1 m.
- Groundwater recorded about 5.5 m below ground nearbyThe middle water level in the well records within 500 m (173 records). It changes with the season and from spot to spot.
- Bedrock about 1.5 m down nearbyThe middle depth to bedrock in the well records within 500 m.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
Province of Ontario open data
Around the home
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Canadian General-Tower Ltd., 1.0 km away. Only facilities above the inventory’s reporting thresholds are listed.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by GrandBridge Energy Inc.
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Vianet, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$4,580
- Down payment$199,800
- Mortgage amount$799,200
- Total interest$574,800
- Total cost$1,573,800
Cash flow analysis
$4,580
Total monthly payment
$5,059
Break-even down payment
100%
Cash flow-$5,059
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
$999,000
$999,000
CAD
Estimate unavailable
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