$649,999

For sale

100 Lauris Avenue, Cambridge - Single Family for Sale

100 Lauris Avenue, Cambridge, Ontario, N1R5L4

4 beds2 baths3 parking900 ft²55 × 117 ft (6,435 sq ft) lot sizeListed 94 days ago

Overview

This 4-bedroom, 2-bathroom home in Cambridge is for sale offering roughly 900 sq ft of space. Listed at $649,999, it is attractively priced about 7% below the $699,900 median asking price in Cambridge.

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Description

Welcome to 100 Lauris Ave, Cambridge, a beautifully updated bungalow offering exceptional versatility for families, investors, or those seeking additional income potential. This spacious home features 3 bedrooms plus 1 bedroom walk out basement unit with a lving room, providing flexible living space for a home office, guest rooms, or growing families.The fully finished walk-out basement is ideal for an in-law suite or mortgage helper, offering endless possibilities for multigenerational living or rental income. Recent 2024 upgrades include a stunning modern kitchen, new stainless steel appliances, and upgraded attic insulation for improved comfort and efficiency.Situated on a generous lot with parking for up to 3 vehicles, this move-in-ready home is conveniently located close to schools, parks, shopping, public transit, and major amenities. Whether you're looking for your next family home or a smart investment opportunity, this property offers outstanding value in a desirable Cambridge neighbourhood. Don't miss your chance to make it yours! (id:66096)

Property Details

MLS®: X13636636
Property Type: Single Family
Zoning: R4
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 3
Interior Size: 900 ft²
Lot Size: 55 × 117 ft (6,435 sq ft)
Frontage: 55 ft
Storeys: 2
Basement: Finished, Walk out, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $3,718/yr
Listed

Features

Foundation: Poured Concrete
Exterior: Brick
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

94d

Cambridge listings, avg age

57d

Price / ft²

$722

List price

$650K

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 99.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 4-bed single family in Cambridge is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by GLOBAL BRICKS EXECUTIVE HOMES REALTY · MUHAMMAD ALI KHAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1R)

This home lists at $649,999, about 8.4× the local median household income of $77,000.

Carrying it typically needs a household income of about $126,968 (20% down, 25-yr amortization, stress-tested) — roughly 65% above the area median.

Median household income: $77,000
Population: 42,928
Median age: 40.8
Owner / renter: 59% / 41%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N1R)

$649,999· $722/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,999.90

Min 6.15%50%

Mortgage payment$3,382/mo

↳ CMHC premium ($24,400 capitalized)

Property tax (est.)$310/mo

Total monthly$3,692

Cash Needed to Close

Down payment (6.15%)$40,000

Land transfer tax$9,475

Est. closing costs$4,450

Total cash needed$53,925

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