For SaleFourplex · 2-StoreyMLS® #X13225358 · TRREB MLS®
91 Water St, Cambridge, Ontario
Cambridge, Ontario N1R 3E1
- Bedrooms
- 7
- Lot Size
- 31.9 x 151.8 ft
- Bathrooms
- 4
- Type
- Fourplex
- Basement
- Half
$999,000
Estimated market value
About 91 Water St
91 Water St is a 7-bedroom, 4-bathroom fourplex in Cambridge, listed for sale at an asking price of $999,000 (MLS® X13225358).
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.)
Insights
Condition Score
Good1 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $5,743 / 2025
- MLS® number
- X13225358
- Board
- TRREB MLS®
- Property Type
- Fourplex
- Building Age
- 100+
- Days on market
- Size
- 3000-3500 sqft
- Lot Size
- 31.9 x 151.8 ft
- Listed on
- Parking
- None, 4 Parking
Listing history
Buy/sell history for 91 Water St, Cambridge, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $999,000 | N/A | For Sale | X13225358 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.
Property details
Property
- Property Type
- Fourplex
- Style
- 2-Storey
- Municipality
- Cambridge
Building
- Size
- 3000-3500 sqft
- Building Age
- 100+
- Construction
- Brick
Inside
- Bedrooms
- 7
- Bathrooms
- 4
- Bathroom Details
- 1 × 3pc Ground, 1 × 3pc Ground, 1 × 3pc 2nd, 1 × 3pc 2nd
- Basement Type
- Half
- Kitchens
- 4
Parking
- Driveway
- Lane
- Garage Type
- None
- Additional Parking
- 4
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Baseboard
Land
- Sewer
- Sewers
- Frontage
- 31.9 ft
- Depth
- 151.8 ft
- Lot Size
- 31.9 x 151.8 ft
Additional
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle, Flat
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
- 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
| Room | Size | Features | Level |
|---|---|---|---|
| Br | 2.4 × 3.7 m | Laminate | Main |
| 2nd Br | 3.5 × 3.2 m | Laminate | Main |
| 3rd Br | 3.4 × 3.5 m | Laminate | Main |
| Kitchen | 4.7 × 3.3 m | Laminate | Main |
| Living | 4.0 × 1.9 m | Laminate | Main |
| Br | 3.5 × 3.3 m | Laminate | 2nd |
| 2nd Br | 3.0 × 2.2 m | Laminate, W/I Closet | 2nd |
| Laundry | 2.2 × 3.7 m | Laminate | 2nd |
| Kitchen | 2.2 × 3.8 m | Laminate | 2nd |
| Living | 4.0 × 5.5 m | Laminate | 2nd |
| Br | 3.5 × 2.3 m | Laminate | 2nd |
| 2nd Br | 3.6 × 3.0 m | Laminate | 2nd |
| Laundry | 3.2 × 3.7 m | Laminate | 2nd |
| Living | 4.0 × 5.5 m | Laminate | 2nd |
| Kitchen | 2.2 × 3.8 m | Laminate | 2nd |
| Living | 4.2 × 4.2 m | Laminate | Main |
| Kitchen | 2.4 × 4.3 m | Laminate | Main |
Map and tour
Land transfer tax on this home
- Ontario land transfer tax
- $16,455
- Total land transfer tax
- $16,455
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $12,455
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $999,000
- $11,980
- Ontario total
- $16,455
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- No mapped wetland within 120 m120 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.250 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.500 m
- Bedrock about 1.5 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 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.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by GrandBridge Energy Inc.At the address
- 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.At the 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.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Grand River Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Central Public SchoolWaterloo Region DSB | Public · grades JK–6 | 550 m | 69%Grade 6 average |
| Highland Public SchoolWaterloo Region DSB | Public · grades JK–6 · French Immersion | 1 km | 75%Grade 6 average |
| St Gregory Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 | 1.1 km | 67%Grade 6 average |
| ÉÉC Saint-Noël-Chabanel-CambridgeConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 5.9 km | 78%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Glenview Park Secondary SchoolWaterloo Region DSB | Public · grades 9–12 | 1.2 km | 53%Grade 9 math |
| Galt Collegiate and Vocational InstituteWaterloo Region DSB | Public · grades 9–12 · French Immersion | 1.6 km | 68%Grade 9 math |
| Monsignor Doyle Catholic Secondary SchoolWaterloo CDSB | Catholic · grades 9–12 | 2.1 km | 46%Grade 9 math |
| ÉSC Père-René-de-GalinéeConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 9.4 km | 70%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Ainslie St Terminal | GRT bus rapid transit: ION Bus | 300 m |
| Delta | GRT bus rapid transit: ION Bus | 2.2 km |
| Can-Amera | GRT bus rapid transit: ION Bus | 3.5 km |
| Cambridge Centre Mall | GRT bus rapid transit: ION Bus | 4.3 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Contains information provided by the Regional Municipality of Waterloo under licence.
Lot
- Lot area
- 4,842 sq ft450 m²
- Street frontage
- 31.9 ft9.7 m
- Depth
- 151.8 ft46.3 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $199,800
- Total mortgage amount
- $799,200
- Total interest payment
- $568,200
- Total purchase cost
- $1,567,200
- Mortgage payment
- $4,558/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$5,037- Rent $0
- Shortfall $5,037
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
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