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$ 875,000
Est. payment /mo
New
631 Lawrence ST Cambridge, ON N3H 2M8
4 Beds
2 Baths
UPDATED:
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
Lot Depth 199.02
Lot Front 49.5
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.
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