For Sale

631 Lawrence Street, Cambridge, Ontario N3H 2M8

$0

631 Lawrence Street, Cambridge, Ontario N3H 2M8 is For Sale and has a listing price of 875,000. The property is located in the Cambridge . It's been on the website for 81 Days.

  • Duplex
    Property Type
  • 4
    Bedrooms
  • 2
    Bathrooms
  • Parking
  • MLS ID: X12258214
  • Office Name ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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 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.

Property Details
  • Bedrooms: 4
  • MLS ID: X12258214
  • Bathrooms: 2
  • Price: $875,000
  • Lot Depth: 199.02
  • Transaction Types: For Sale
  • Ref ID: X12258214
  • Year Built: N/A
  • Approx Sqft: 1500-2000
  • Dir / Cross St: King St E / Laurel St
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 51-99
  • Property Type: Duplex
  • Property Type: All Houses
  • Property Sub Category: Duplex
Price History
List Date MLS ID List Price Status End Date Closed Price
07/31/2025 X12318071 $2,200 For Rent 08/18/2025 $2,250
07/03/2025 X12258214 $875,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Cambridge
  • $883,854 Average List Price
    based on 1 year
  • 466 New Listings
    based on 30 days
  • 50 Median Days on Market
    based on 1 year
  • List vs. Selling Price 109.73 % Up
  • Sold (12mo) 955
  • Rented (12mo) 304

  • 1 Month Change -31.1%
  • 3 Month Change -19.9%
  • 6 Month Change -8.7%
Walkscore
Property Type Distribution
  • All Houses
    78.88%
  • Commercial
    7.16%
  • Condo
    13.8%
  • Land for Sale
    0.16%
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 2
  • Garage Type Y
  • Parking Spaces: 6
  • Exterior Brick
  • Kitchen 2
  • Parking Y
  • Washrooms Type 1 # Pcs: 4
  • Taxes: $3,704
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 03/07/2025 04:06:57
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