631 Lawrence St
Cambridge
$875,000
Buy with Dwelly and Save $8,750
Home Details
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Listing 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.
City: Cambridge
Property History
Rooms
Room dimensions for 631 Lawrence St, Cambridge
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 631 Lawrence St is 4622
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $875000 |
| Down Payment | $175000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $700000 |
Monthly Payment
| Mortgage Payment | $4314 |
| Property Taxes | $309 |
| Maintenance Fees | $0 |
| Monthly Payment | $4622 |
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About 631 Lawrence St, Cambridge
Located at 631 Lawrence St , this Cambridge house is available for sale. This property was listed for $875,000 on Thu Jul 03 2025. This house's size is 1500-2000 Sqft. It has 4 bedrooms and 2 bathrooms. The property includes the following rooms: Kitchen, Family, Primary, 2nd Br, Bathroom, Kitchen, Family, Primary, 2nd Br, Bathroom. This property comes with 6 parking spots.
MLS#: X12258214 · $875,000 · 4 bedroom house in Cambridge