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$1,100,000
Cambridge
401 Laurel Street, Cambridge, Ontario, N3H3Y7
This 4-bedroom, 5-bathroom home in Cambridge is for sale offering roughly 4,250 sq ft of space. It has been on the market 42 days, fresher than the Cambridge average of 57 days.
What if the home you've been dreaming about could also be the place where your dreams take shape? Welcome to 401 Laurel St. A truly rare opportunity to bring your life, your work and your vision together under one roof. Imagine waking up in a beautiful, character filled home, enjoying your morning coffee, and then simply walking into your own professional space. No commute. No separation between where you live and what you love to do. Just one extraordinary property where home, business and possibility come together. This unique legal non-conforming property offers approximately 3,000 sq. ft. of professional office/clinic space, with zoning that permits medical use, along with a finished, usable basement. Whether you've dreamed of establishing your own practice, growing an existing business, creating a professional studio or simply having the freedom to work from home in a way most people can only imagine, the possibilities here are remarkable. Then we have the home that was lovingly renovated in 2017. The approximately 2,000 sq. ft. residence beautifully preserves the character and charm that make a property like this so special. A welcoming foyer and grand staircase introduce you to soaring ceilings, natural woodwork and gorgeous high-quality Bavarian windows, creating a warmth and sense of history that is increasingly difficult to find. Maybe your next chapter doesn't require choosing between the life you want and the work you love. Maybe you can have both. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 42 days on market, against an average age of 57 days across the listings currently for sale in this city
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.
This 4-bed single family in Cambridge has been listed for 42 days, which is 15 days fresher than the city average of 57. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,100,000, about 13.4× the local median household income of $82,000.
Carrying it typically needs a household income of about $214,869 (20% down, 25-yr amortization, stress-tested) — roughly 162% above the area median.
Source: Statistics Canada, 2021 Census (FSA N3H)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice