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Home with brick exterior material, street for 79 Lorraine Dr, Cambridge Ontario N1R 6P2
Re-listed 2 days ago

79 Lorraine Dr, Cambridge, Ontario N1R 6P2

Townhouse
3 + 1
2
~700-1100 sqft
$•••,•••
$599,900
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$3,000Cashback
Townhouse
3 + 1
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market2 days

Total days on market
23 days

Estimated valueNot available

Price/Sqft$701/sqft

Monthly cost

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*Based on last 30 days

Description

Charming, two-unit home with detached garage & ample parking! Don't miss this well-updated two-unit home with a detached garage on an oversized lot and loads of parking! Set in a desirable, mature and family-friendly neighbourhood of Cambridge! This renovated home offers three spacious bedrooms upstairs, a full bathroom, a large living room, finished basement and an open-concept kitchen with a large island and dinette perfect for families and entertaining! The lower-level unit features a separate private entrance, walkout access to the fully fenced backyard, a full kitchen, generous sized living room, spacious bedroom, in-suite laundry and full bath! Ideal as an income property or multi-generational living setup! Parking is no issue with a paved driveway that easily fits seven vehicles! This carpet-free gem is just minutes from schools, shopping, parks, scenic trails and the Grand River! Home is currently vacant and ready for new tenants! The upper unit rented for $2,400 / month and the lower for $1,860 / month - both plus utilities! Both units have in-suite laundry and its own private backyard space!


Upcoming Open Houses

Sep 11Thu5:00 PM - 7:00 PM
Sep 13Sat2:00 PM - 4:00 PM
Sep 14Sun2:00 PM - 4:00 PM

Property Details

StyleBungalow
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size-
Parking Spaces7
MLS ®NumberX12391243
Community NameSouthview
Data SourceTRREB
Listing byKELLER WILLIAMS INNOVATION REALTY

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Full, Fin W/O

Main Floor

Bathroom

0.0 x 0.0

4 Pc Bath

Br

3.09 x 3.8

2nd Br

3.09 x 3.18

Kitchen

2.88 x 6.09


Parking

Garage spaces 1

Garage type Detached

Other parking spaces 6

Total parking spaces 7


Market Data - Southview

Geo Zone Map ThumbnailSouthview

Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

39 days

Compared to

2024

0 day

2023

26 days

2022

0 day

New Listings

Past 30 days

3 listings

Compared to

2024

2 listings

2023

1 listing

2022

1 listing

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

2023

4 units

2022

0 unit

Median Sold Price

Past 30 days

$630,000

Compared to

2023

$547,500


Population and Demographics

Overview

Total population 6286
Average household income $109,610

Age (%)

0 to 19
24%
20 to 34
20%
35 to 49
21%
50 to 64
20%
65 and plus
16%

Household composition (%)

Single family
73%
Single person
23%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
78%
Portuguese
11%
Others
5%
Spanish
1%
French
1%

House tenancy (%)

Owners
69%
Renters
31%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget