$11,000,000
193 Water Street S, Cambridge, ON N1R 3L7
Cambridge
- Square feet
- 5
- Type
- Land
About this listing
Colliersis pleased to present the opportunity to acquire a 100% freehold interest in 193 Water Street South, Cambridge, Ontario (the "Property" or "Site"). The 5.06-acre Site comprises three land parcels and is improved with a detached dwelling fronting onto Highman Avenue, with the remaining lands vacant and unimproved. The Site is OPA and ZBA approved, permitting the development of five 15-storey residential apartment buildings containing a total of 991 residential units. The Site is located east of Water Street South and west of Highman Avenue, within an area characterized by a mix of established residential neighbourhoods, parks, and amenities, and is a 10-minute walk from Downtown Cambridge. The location offers strong regional connectivity via Highway 8 and Highway 401, accessible within a 7-minute drive, providing efficient access across the Region of Waterloo and the Greater Toronto Area. Convenient access to public transit is available, with a bus stop located 300 metres away and the Ainslie Street Bus Terminal located 1 kilometre from the Site. The planned future Light Rail Transit (LRT) extension is expected to further enhance connectivity, with a stop anticipated near the Ainslie Terminal within walking distance.
Property details
- Price per sqft
- $2,200,000
- Days on market
- 2 days
- Property taxes
- $4,746/yr (2025)
- Lot size
- 761.33 × 439.54 Feet
Payment calculator
- Mortgage amount
- $8,800,000
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Location
View Walk Score, Transit Score & Bike Score
Walkability, transit, and bike-friendliness for 193 Water Street S, Cambridge, ON N1R 3L7
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X13504496
Listed by COLLIERS
On market since Jun 30, 2026
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About 193 Water Street S, Cambridge, ON N1R 3L7
How much is 193 Water Street S, Cambridge, ON N1R 3L7?
193 Water Street S, Cambridge, ON N1R 3L7 is listed for $11,000,000 CAD.
What type of property is 193 Water Street S, Cambridge, ON N1R 3L7?
193 Water Street S, Cambridge, ON N1R 3L7 is a Land, 5 sq ft.
What neighbourhood is 193 Water Street S, Cambridge, ON N1R 3L7 in?
193 Water Street S, Cambridge, ON N1R 3L7 is in Cambridge, Ontario.
Is 193 Water Street S, Cambridge, ON N1R 3L7 for sale or for rent?
193 Water Street S, Cambridge, ON N1R 3L7 is currently for sale.
How do I book a showing for 193 Water Street S, Cambridge, ON N1R 3L7?
Contact Michael Mezheritsky to arrange a private showing of 193 Water Street S, Cambridge, ON N1R 3L7 (MLS# X13504496). You can also send a message through the contact form on this site.