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Listed 15 days ago

100 Lauris Avenue

, Cambridge

$649,999

Detached|2-Storey
3 | 2 | 3
About this home

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!

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,718
Lot Size55 ft x 117 ft
mls© NumberX13636636
Listed ByGLOBAL BRICKS EXECUTIVE HOMES REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,327
Property tax
$310
Heat allowance
$150
Housing costs
$3,787 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $130,000
25-yr amortization

Income needed

$117,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$130,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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