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Home ON Kitchener - Cambridge - Waterloo Cambridge Central Park
631 LAWRENCE STREET
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631 LAWRENCE STREET $875,000
$875,000
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631 LAWRENCE STREET
Cambridge, Ontario N3H2M8

MLS® Number: X12258214
4
Bedrooms
2
Bathrooms
1500 - 2000
Square Feet

Listing 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. (40807636)

Location Description

King St E / Laurel St

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
2
Square Footage
1500 - 2000 sqft
Land Size
49.5 x 199 FT
Age Of Building
51 to 99 years
Annual Property Taxes
$3,704
Parking Type
No Garage
Time on REALTOR.ca
32 days

Building

Bedrooms
Above Grade
4
Bathrooms
Total
2
Interior Features
Basement Type
N/A (Unfinished)
Building Features
Foundation Type
Concrete
Building Amenities
Separate Heating Controls, Separate Electricity Meters
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
No Garage
Total Parking Spaces
6

Measurements

Square Footage
1500 - 2000 sqft

Rooms

MetricImperial
Second level
Kitchen
Family room
Primary Bedroom
Bedroom 2
Bathroom
Ground level
Kitchen
Family room
Primary Bedroom
Bedroom 2
Bathroom

Land

Lot Features
Frontage
49 ft ,6 in
Land Depth
199 ft
Other Property Information
Zoning Description
R5
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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