• Mobile: 416-459-5555
  • Office: 905-731-2000
  • Fax: 905-886-7556

$875,000
Available - For Sale
Listing ID: X12258214
631 Lawrence Stre , Cambridge, N3H 2M8, Waterloo


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.
Price $875,000
Taxes: $3704.00
Assessment Year: 2024
Occupancy: Partial
Address: 631 Lawrence Stre , Cambridge, N3H 2M8, Waterloo
Directions/Cross Streets: King St E / Laurel St
Rooms: 7
Bedrooms: 4
Bedrooms +: 0
Family Room: F
Basement: Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Ground Kitchen 13.84 10.96
Room 2 Ground Family Ro 13.84 12.3
Room 3 Ground Primary B 13.94 15.35
Room 4 Ground Bedroom 2 15.06 10.5
Room 5 Ground Bathroom 15.06 5.35
Room 6 Second Kitchen 13.84 5.35
Room 7 Second Family Ro 13.84 10.86
Room 8 Second Primary B 13.94 6.63
Room 9 Second Bedroom 2 10.07 6.63
Room 10 Second Bathroom 11.25 4.99
Washroom Type No. of Pieces Level
Washroom Type 1 4
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 51-99
Property Type: Duplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 6
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 1500-2000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Personal Picture
Hassan Ostadi
Sales Representative
Dir:
416-459-5555
Bus:
905-731-2000
Fax:
905-886-7556
 
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At a Glance:
Type: Freehold - Duplex
Area: Waterloo
Municipality: Cambridge
Neighbourhood: Dufferin Grove
Style: 2-Storey
Lot Size: x 199.02(Feet)
Approximate Age: 51-99
Tax: $3,704
Maintenance Fee: $0
Beds: 4
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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