For Sale

$875,000

631 LAWRENCE STREET , Cambridge, Ontario N3H2M8

4 Beds 2 Baths

Remarks

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 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. (id:27)

Property Summary

  • Lot Frontage: 49.5 Feet
  • Lot Depth: 199.0 Feet
  • Lot Size: 49.5 x 199 FT
  • No. of Parking Spaces: 6
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Bedrooms: 4
  • Bathrooms (Total): 2
  • Zoning: R5

Property Features:

  • Parking Type:
    No Garage
  • Property Type:
    Multi-family
  • Sewer:
    Sanitary sewer

Building Features:

  • Amenities:
    Separate Heating Controls , Separate Hydro Meters
  • Basement Development:
    Unfinished
  • Basement Type:
    N/A
  • Building Type:
    Duplex
  • Cooling Type:
    Central air conditioning
  • Exterior Finish:
    Brick
  • Foundation Type:
    Concrete
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Forced air

Rooms

  • Kitchen:
    Level: 2nd 4.22 m x 1.63 m
  • Family:
    Level: 2nd 4.22 m x 3.31 m
  • Master Bedroom:
    Level: 2nd 4.25 m x 2.02 m
  • 2nd Bedroom:
    Level: 2nd 3.07 m x 2.02 m
  • Bathroom:
    Level: 2nd 3.43 m x 1.52 m
  • Kitchen:
    Level: Ground 4.22 m x 3.34 m
  • Family:
    Level: Ground 4.22 m x 3.75 m
  • Master Bedroom:
    Level: Ground 4.25 m x 4.68 m
  • 2nd Bedroom:
    Level: Ground 4.59 m x 3.20 m
  • Bathroom:
    Level: Ground 4.59 m x 1.63 m

Office Listing: 

Tanja Stosic Real Estate Broker

Lifestyle
Neighbourhood Info
Leonard Atkin

Leonard Atkin

Broker

Phone:  416.487.4311

Mobile:  416.806.6400

Fax:  416.487.3699

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Royal LePage Real Estate Services Ltd., Brokerage

103 - 4025 YONGE STREET
Toronto,  ON M2P2E3

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