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 |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
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Type: | Freehold - Duplex |
Area: | Waterloo |
Municipality: | Cambridge |
Neighbourhood: | Dufferin Grove |
Style: | 2-Storey |
Approximate Age: | 51-99 |
Tax: | $3,704 |
Beds: | 4 |
Baths: | 2 |
Fireplace: | N |
Pool: | None |