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Basara.

Cambridge · Elgin Park/Coronation · Multi-family · MLS# 40800493

231 WATER Street N

$549,900

4

bed

3

bath

1,923

sqft

Multi-family · $286/sqft

Listed January 26, 2026

About this home.

Legal Duplex in the Heart of Galt, Cambridge! This home features 4 bedrooms and 2.5 bathrooms, 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, FreshCo, 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.

Property typeMulti-family
Square footage1,923 sqft
Lot size0
Bedrooms4
Bathrooms3
HeatingBaseboard heaters
ListedJanuary 26, 2026

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.

Down payment
%($109,980)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$2,518

Principal$439,920
Total interest$315,538
Total paid$755,458

Estimate only. Excludes property tax, condo fees, and insurance.

Questions on this property?

Neso Basara

RE/MAX Icon Realty

Waterloo Region

Use the chat button to message me directly.

Or email me at neso@basara.ca

231 WATER Street N, Cambridge — $549,900 | Basara