Re-listed 12 days ago

520 Laurel St, Cambridge, Ontario N3H 3Z2

Detached
2
2
~1307 sqft
$•••,•••
$499,900
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Detached
2
2
~1307 sqft

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Highlights

Property Estimate

Days on market12 days

Total days on market
28 days

Estimated valueNot available

Price/Sqft$382/sqft

Monthly cost

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CMA Subject Property

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+7

Properties sold*

$750K

Median sold price*

*Based on last 30 days

Description

Situated at the corner of Laurel and Lawrence in the charming community of Preston, this unique property has been in the same family for generations and is now being offered for sale by the estate. Situated at the corner of Laurel and Lawrence in the charming community of Preston, this unique property has been in the same family for generations and is now being offered for sale by the estate. While the home itself—a 2 bedroom, 2 bathroom dwelling with a detached garage—is being sold in as-is condition, it remains livable and full of potential. The true value lies in the generous in-town lot, offering a rare development opportunity in a walkable, sought-after neighbourhood. Measuring approximately 0.26 acres (with lot lines of 44.56 ft x 131.74 ft x 111.82 ft x 49.59 ft x 101.21 ft), this irregularly shaped property invites creative vision—whether you’re looking to renovate, build new, or explore multi-unit possibilities (buyer to confirm development options directly with the City of Cambridge). This property is perfect for enjoying everything Preston has to offer: just a short walk to vibrant downtown shops, cafes, and amenities, with miles of scenic trails nearby that follow the Grand and Speed Rivers. Riverside Park, a 256-acre natural haven, is just around the corner—complete with a splash pad, BMX park, ball diamonds, boardwalks, and birding areas for outdoor lovers of all ages. With the planned Preston LRT station on the horizon, this is not only a lifestyle location, but a smart investment in the future of Cambridge. Don’t miss your chance to shape what’s next on this legacy lot in one of Preston’s most walkable and welcoming neighbourhoods.


Property Details

Style1.5 Storey
View-
Age of property-
SqFt~1307 SqFt
Lot Size-
Parking Spaces6
MLS ®Number40743725
Community NameCentral Park
Data SourceITSO
Listing byEaton Realty Inc., Brokerage

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Partial, Unfinished

Main Floor

Bathroom

1.55 x 2.72

3-Piece

Breakfast Room

1.88 x 2.79

Kitchen

3.58 x 3.07

Living Room/Dining Room

3.56 x 5.82


Features

Sewer (Municipal)

Parking

Garage spaces 1

Garage type -

Other parking spaces 5

Total parking spaces 6


Market Data - Central Park

Geo Zone Map ThumbnailCentral Park

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

11 days

Compared to

2024

10 days

2023

8 days

2022

23 days

New Listings

Past 30 days

20 listings

Compared to

2024

19 listings

2023

18 listings

2022

16 listings

Units sold

Past 30 days

9 units

Compared to

2024

7 units

2023

7 units

2022

7 units

Median Sold Price

Past 30 days

$640,000

Compared to

2024

$750,000

2023

$705,000

2022

$719,900


Population and Demographics

Overview

Total population 8915
Average household income $101,055

Age (%)

0 to 19
18%
20 to 34
21%
35 to 49
18%
50 to 64
21%
65 and plus
21%

Household composition (%)

Single family
56%
Single person
38%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
91%
Others
4%
Portuguese
2%
French
1%

House tenancy (%)

Owners
54%
Renters
46%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget