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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

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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.

10

Sales

$667,500

Median price

25

Days on market

97.7%

% of list

20

Active listings

N/A

Months supply

Elgin Park/Coronation recorded 10 sales and 20 active listings, giving it one of the stronger turnover rates in Cambridge. The average price was $650,900, a bit below the city average, while homes sold in 25.2 days at 97.74 percent of list. The neighbourhood is more mixed than most, with freeholds trading in the mid-$600,000s and condos selling at unexpectedly higher prices, likely reflecting newer or larger product.

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

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231 WATER Street N, Cambridge — $549,900