Cambridge · Elgin Park/Coronation · Multi-family · MLS# 40799800
225 WATER Street N
12
bed
6
bath
3,728
sqft
Multi-family · $194/sqft
Listed January 26, 2026
About this home.
6-Plex Multiplex in the Heart of Galt, Cambridge! This property includes 1 three-bedroom unit, 4 two-bedroom units, and 1 one-bedroom unit, providing spacious living in a prime location. Directly across from Galt Collegiate Institute & Vocational School (GCI), it delivers unmatched convenience and strong appeal. Surrounded by major amenities including Tim Hortons, Fresco, Starbucks, Subway, and more, residents enjoy a highly walkable lifestyle with everything close at hand. Well-served by public transit and just minutes from Cambridge’s historic downtown core, with shopping, dining, entertainment, and the scenic Grand River trails nearby. (id:59491)
The full record.
How this listing prices against Elgin Park/Coronation.
11
Sales
$635,000
Median price
21
Days on market
97.6%
% of list
22
Active listings
N/A
Months supply
Elgin Park/Coronation posted 9 sales and 24 active listings, making it one of Cambridge's steadier mid-market neighbourhoods this period. The average sale price was $660,000, below the city average, while homes sold in 21.33 days and at 97.95% of list, almost in line with citywide conditions. This area had meaningful movement in both freeholds and condos, which is not true everywhere in Cambridge right now. The split market gives buyers options across different property types without a major gap in pricing power.
Read the full Cambridgereport →Estimate the monthly carry.
Estimated monthly payment
$3,320
Estimate only. Excludes property tax, condo fees, and insurance.
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