The increasing demand for water resources in urban areas, such as Bangladesh, due to population growth is a significant concern. One potential solution under consideration is the use of air conditioning (AC) condensate water. A study conducted at the European University of Bangladesh (EUB) focused on assessing the quality and quantity of AC condensate water from various systems. The results indicate that the collected water generally adhered to the quality standards established for drinking and household use in Bangladesh. Parameters such as pH (averaging 6.8), turbidity (1.08 NTU), total dissolved solids (TDS) (averaging 219 mg/L), iron content (0 mg/L), alkalinity (averaging 41.67 mg/L), arsenic (0 mg/L), chemical oxygen demand (COD) (averaging 3.67 mg/L), biochemical oxygen demand (BOD) (averaging 1.33 mg/L), chloride content (averaging 30.77 mg/L), and other factors were evaluated. Moreover, the AC units at EUB, varying in cooling capacity (1 ton, 2 tons, and 4 tons), produced substantial monthly volumes of 96, 177, and 354 liters of condensate water, respectively. This underscores the potential of AC condensate water as a valuable resource for addressing urban water scarcity. As a result, there is a pressing need for local decision-makers and policymakers to establish well-defined guidelines for the effective utilization of AC condensate water to mitigate water scarcity issues in urban areas.