631 LAWRENCE STREET Cambridge

631 LAWRENCE STREET, Cambridge, Ontario

$875,000

  • 4 Beds
  • 2 Baths

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. (id:23309)

Open house this Sun, Jul 6th from 2:00 PM to 4:00 PM.

  • Listing ID: X12258214
  • Property Type: Multi-family

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Rooms

LevelTypeDimensions
Kitchen Second level 4.22 m x 1.63 m
Family room Second level 4.22 m x 3.31 m
Primary Bedroom Second level 4.25 m x 2.02 m
Bedroom 2 Second level 3.07 m x 2.02 m
Bathroom Second level 3.43 m x 1.52 m
Kitchen Ground level 4.22 m x 3.34 m
Family room Ground level 4.22 m x 3.75 m
Primary Bedroom Ground level 4.25 m x 4.68 m
Bedroom 2 Ground level 4.59 m x 3.2 m
Bathroom Ground level 4.59 m x 1.63 m

Details

  • Parking Spaces: 6
  • Transaction: For sale
  • Zoning Description: R5

Building

  • Amenities: Separate Heating Controls, Separate Electricity Meters
  • BasementType: N/A (Unfinished)
  • Basement Development: Unfinished
  • Bedrooms Main Level: 4
  • Cooling: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Concrete
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 1500 - 2000 sqft
  • Stories Total: 2
  • Type: Duplex
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Frontage: 49 ft ,6 in
  • Size Irregular: 49.5 x 199 FT
MLS®

Listing provided by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 631 LAWRENCE STREET in Cambridge Ontario. It was last modified on July 3rd, 2025. Contact the Lausic Team to schedule a viewing or to discover other Cambridge real estate for sale.

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