Homes for sale - 631 Lawrence ST, Cambridge, ON N3H 2M8

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Ruth Pedrosa

ruth@rpdrealestate.com +1(416) 998-5478

$ 875,000

Est. payment | -/mo

4 Beds

2 Baths

Save Virtual Tour

$ 875,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

MLS Listing ID X12258214

Style 2-Storey

Bedrooms 4

Building Age 51-99

Annual Tax Amount $3,704

Tax Year 2024

Property Sub-Type Duplex

Property Description

Attention Investors, First-Time Home Buyers, Renovators. This large up/down legal duplex with separate utility meters for each unit is ready for you. Live in one apartment and collect rent from the other! The brand new main floor offers a spacious two-bedroom unit with access to the backyard, a well-laid-out entrance/mudroom, and a back deck. The second floor is rented for $1,875 and has a well-appointed two-bedroom unit with a main street entrance, a large front porch, and a sizable second-floor porch. The property has great curb appeal, featuring a huge, deep lot measuring 49.59 ft by 199.02 ft. Located in a mature residential neighborhood, only a few blocks from downtown Preston, with easy access to Hwy 401. Surrounded by many city parks, green spaces, and close to the Grand River. Engineered stamped drawings to convert the property into a legal triplex by renovating the basement are available. This is a fantastic opportunity for a savvy investor or first-time home buyer, with major upside potential.

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Family Room No

Basement Unfinished

Kitchen 2

Interior

Interior Features Separate Heating Controls, Separate Hydro Meter

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 49.5

Lot Depth 199.02

Total Parking Spaces 6

Building

Foundation Concrete

Others

Virtual Tour https://tours.darexstudio.com/2337753?idx=1

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 998-5478

ruth@rpdrealestate.com

631 Lawrence ST Cambridge, ON N3H 2M8