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$875,000
631 LAWRENCE STREET
Cambridge, Ontario, Ontario, N3H2M8
MLS® Number: X12258214
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.
Building information
Type
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Age
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Amenities
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Basement Development
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Basement Type
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Cooling Type
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Exterior Finish
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Foundation Type
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Heating Fuel
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Heating Type
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Size Interior
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Stories Total
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Utility Water
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Land information
Sewer
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Size Depth
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Size Frontage
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Size Irregular
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Size Total
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Rooms
Ground level
Bathroom
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Bedroom 2
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Primary Bedroom
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Family room
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Kitchen
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Second level
Bathroom
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Bedroom 2
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Primary Bedroom
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Family room
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Kitchen
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Ground level
Bathroom
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Bedroom 2
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Primary Bedroom
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Family room
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Kitchen
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Second level
Bathroom
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Bedroom 2
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Primary Bedroom
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Family room
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Kitchen
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Courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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