4 Beds 2 Bath

631 Lawrence Street, Cambridge, ON N3H 2M8

Cambridge N3H 2M8 Ontario

MLS: X12258214

$875,000

Added 68 days ago | For Sale

Listed by: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

About Property

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.

Features

  • House Style:Duplex
  • Bathrooms:2
  • Land Size: 49.5 X 199.02
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:King St E / Laurel St
  • Basement:Unfinished , Unfinished
  • Possession Date:Flexible
  • Annual Property taxes: $3704
  • Bedrooms:4
  • Total Parking Spaces:6
  • Parking Places:6
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12258214

Level Type Features Dimensions
Ground Kitchen 13 ft, 10 in x 10 ft, 11 in
Family Room 13 ft, 10 in x 12 ft, 4 in
Primary Bedroom 13 ft, 11 in x 15 ft, 4 in
Bedroom 2 15 ft, 1 in x 10 ft, 6 in
Bathroom 15 ft, 1 in x 5 ft, 4 in
Second Kitchen 13 ft, 10 in x 5 ft, 4 in
Family Room 13 ft, 10 in x 10 ft, 10 in
Primary Bedroom 13 ft, 11 in x 6 ft, 8 in
Bedroom 2 10 ft, 1 in x 6 ft, 8 in
Bathroom 11 ft, 3 in x 5 ft

No property rooms available.

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