$560,000
$525,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
631 Lawrence Street Cambridge, ON N3H 2M8
1,600 SqFt
Key Details
Sold Price $560,000
Property Type Commercial
Sub Type Investment
Listing Status Sold
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $350
MLS Listing ID 40422882
Sold Date 06/02/23
Abv Grd Liv Area 1,600
Originating Board Waterloo Region
Annual Tax Amount $3,167
Lot Size 9,583 Sqft
Acres 0.22
Property Description
Attention investors, first time home buyers, renovators. This vacant property is for you - set your own rents! Large up/down duplex, with separate utility meters for each unit. Main Floor offers a good sized 2 bedroom unit with access to backyard, nicely laid out entrance way/mud room and back deck. Second floor has a well appointed 1 bedroom unit with main entrance from street, large front porch and large second floor porch. Property has great curb appeal with a huge deep lot at 49.59 ft x 199.02 ft. Located in a mature residential neighbourhood and only a few short blocks from downtown Preston with easy access to HWY 401. Surrounded by many city parks, green space and proximity to the Grand River. This is a great opportunity for the savvy investor or first time home buyer with major upside potential to be had!
Location
Province ON
County Waterloo
Area 15 - Preston
Zoning R5
Direction Laurel Street to East on Lawrence
Rooms
Basement Full, Unfinished
Kitchen 0
Interior
Interior Features High Speed Internet, Separate Heating Controls, Separate Hydro Meters, Water Meter
Heating Forced Air
Cooling Other
Fireplace No
Exterior
Exterior Feature Balcony
Utilities Available Cable Connected, Cell Service, Electricity Connected, Fibre Optics, Natural Gas Connected, Recycling Pickup, Street Lights, Phone Connected, Yes
Porch Deck
Lot Frontage 49.59
Lot Depth 199.02
Garage No
Building
Lot Description Urban, City Lot, Greenbelt, Highway Access, Major Highway, Open Spaces, Park, Playground Nearby, Public Transit, School Bus Route, Schools, Trails
Faces Laurel Street to East on Lawrence
Story 2
Foundation Concrete Perimeter, Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
Structure Type Brick
New Construction No
Others
Senior Community false
Tax ID 226490028
Ownership Freehold/None
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