
85 Water Street S
Cambridge (Downtown Cambridge), ON N1R 3E1
- 4Bedrooms
- 2Bathrooms
- 0Garage
- 1500–2000Sq Ft
- $3,870Tax
- 35×94 ftLot Size
- Estimated Value:$553,500See Free Estimate Report

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About 85 Water Street S, Cambridge, Downtown Cambridge
Summarized Description
- Beautifully renovated all-brick semi-detached home
- 10ft ceilings on main floor, 9ft upstairs
- Open-concept layout with spacious living areas
- Four versatile bedrooms and two full bathrooms
- Main-floor full bath adds convenience
- Updated appliances and modern upgrades throughout
- Located near Grand River and scenic trails
- Future transit access with planned ION LRT expansion
DARE TO COMPARE - a standout freehold semi in one of Cambridge's most charming pockets! Welcome to a truly one-of-a-kind residence where timeless character meets thoughtful modern updates. This beautifully renovated all-brick home preserves its original charm while delivering the functionality and style buyers seek today. Featuring 10ft ceilings on the main floor and 9ft ceilings upstairs, the home offers an open, airy feel rarely found today. The spacious open-concept layout lives larger than expected and includes 2 full bathrooms, including the rare convenience of a main-floor full bath. Upstairs, you'll find 4 versatile bedrooms and a beautifully updated bathroom featuring dual sinks. The generous upper-level layout continues to impress with a spacious primary retreat complete with double closets, while the second oversized bedroom offers proportions large enough to feel like a second primary. Completing the upper level is the everyday convenience of second-floor laundry. Character details continue throughout with a striking exposed brick accent wall, while thoughtful upgrades include carpet-free living, updated stainless steel appliances (2021), roof (2018), and furnace (2024). Located steps to the Grand River, scenic trails, Main Street, and the up-and-coming Gaslight District, enjoy walkable access to cafes, restaurants, entertainment, local businesses, and nature. Located minutes from the planned ION LRT expansion, this property offers future rapid transit access to Kitchener-Waterloo and the growth opportunities often associated with major transit investments. Rarely does a home combine character, charm, space, updates, and location so effortlessly. Come experience it in person.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,870
- Land Transfer Tax Fee
- $8,473
Rental Items
- Rental Equipment
- Hot water tank
- Under Contract
- Hot Water Tank-Gas
- Basement Type
- Full, Unfinished
Interior Features
- Laundry Level
- Upper Level
- Interior Extras
- Carpet Free
- View
- City, Downtown, River, Water
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Arts Centre, Hospital, Park, Library, Public Transit, River/Stream
Building
- Building Type
- Semi-Detached
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Stone, Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 35.00 ft
- Lot Depth
- 94.18 ft
- Lot Shape
- Irregular
Inclusions
- Inclusions
- Stainless steel appliances (2021): fridge, stove, dishwasher, and over-the-range microwave. Washer and dryer, cameras & TV mount.
Exclusions
- Exclusions
- Staging furniture and material
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 2
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4
- Washrooms
- 2
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Living Room—Main level
- Dining Room—Main level
- Kitchen—Main level
- Bathroom—Main level, 3 Pc Bath
- Bedroom—Second level
- Bedroom 2—Second level
- Room—Second level
- Bathroom—Second level
- Laundry—Second level
- Bedroom 4—Second level
Washrooms
- 3-piece, Main
- 4-piece, Second
- Municipality
- Cambridge
- Neighbourhood
- Downtown Cambridge
- Main cross streets
- Concession St & Water St
- Directions
- Hespeler Rd to Water St S. Property located on Water St S.
- Waterfront
- Indirect
- MLS® number
- X13235228
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-06-13
- Listed on
- 2026-06-03
- Days on market
- 10 days
- Possession type
- 60-89 days
- Co-op commission
- 2.5% + HST
- Seller
- Listed by
- Silver Spear Realty
Home Market Value
Current home valuation for 85 Water Street S, Cambridge, Downtown Cambridge, Cambridge, ON. Listed for $599,900
HOMEH Estimate
$553,500
Estimated Sales Range
$437,265 - $669,735
HOMEH Estimate for 85 Water Street S, Cambridge, Downtown Cambridge
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $99,900 over $500K
$34,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $22,580 | $16,737 | $14,278 | $0 |
=Total mortgage | $587,086 | $556,647 | $524,193 | $479,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,866monthly | $2,718monthly | $2,559monthly | $2,343monthly |
Land Transfer Tax
$8,473
$8,473
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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