750 Lawrence Street Unit 86, Cambridge

Price: $555,000

3 bedrooms, 2 bathrooms

1,600 sqft

Property Type: Condo

MLS#: X13684228

Welcome to Carriage Lanes, where space, natural light and a great location come together in a home designed for easy everyday living. This end-unit home is filled with natural light, giving every room a bright and welcoming feel. Outside, the charming wrap-around porch is the perfect spot for morning coffee, while the private patio offers another quiet space to relax and enjoy the outdoors. Inside, the kitchen truly feels like the heart of the home, with plenty of counter space and storage, plus a sunny breakfast area for casual meals and busy mornings. The spacious family room offers plenty of room to gather, entertain or simply unwind at the end of the day. Upstairs, you'll find three comfortable bedrooms and a conveniently located main bathroom. The finished basement adds even more flexibility, with space for a home office, playroom, additional family room or whatever best fits your lifestyle. A walkout provides direct access to the private patio and extends your living space outdoors. The location is another standout. Enjoy nearby parks and nature trails, a selection of public, Catholic and French schools within walking distance, and quick access to Highway 8 and the 401 for an easy commute. Bright, functional and ideally located, this Carriage Lanes end unit offers the space, flexibility and lifestyle you've been looking for. Come see it for yourself and imagine making it home.

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active
New Listing
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$555,000 - 750 Lawrence Street Unit 86, Cambridge

Condo for Sale in Cambridge

New — Listed 6 days ago
3Beds
2Baths
1,600Sq Ft
Condo
Property Details
MLS Number
X13684228
Property Type
Condo
Status
active
Days on Site
6
Bedrooms
3
Bathrooms
2
Square Feet
1,600 sqft
Neighbourhood
Cambridge
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
RE/MAX TWIN CITY REALTY INC.
Description

Welcome to Carriage Lanes, where space, natural light and a great location come together in a home designed for easy everyday living. This end-unit home is filled with natural light, giving every room a bright and welcoming feel. Outside, the charming wrap-around porch is the perfect spot for morning coffee, while the private patio offers another quiet space to relax and enjoy the outdoors. Inside, the kitchen truly feels like the heart of the home, with plenty of counter space and storage, plus a sunny breakfast area for casual meals and busy mornings. The spacious family room offers plenty of room to gather, entertain or simply unwind at the end of the day. Upstairs, you'll find three comfortable bedrooms and a conveniently located main bathroom. The finished basement adds even more flexibility, with space for a home office, playroom, additional family room or whatever best fits your lifestyle. A walkout provides direct access to the private patio and extends your living space outdoors. The location is another standout. Enjoy nearby parks and nature trails, a selection of public, Catholic and French schools within walking distance, and quick access to Highway 8 and the 401 for an easy commute. Bright, functional and ideally located, this Carriage Lanes end unit offers the space, flexibility and lifestyle you've been looking for. Come see it for yourself and imagine making it home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,847.44/mo

Includes CMHC insurance ($15,485)

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5-yr fixed avg.

Principal: $499,500Interest: $339,247
Mortgage Amount$514,985
Total Interest$339,247
Est. Property Tax$393/mo
Total Cost$854,231

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Cambridge

Discover Cambridge

Cambridge is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Cambridge

  • Convenient location in Cambridge
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Cambridge offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

750 Lawrence Street Unit 86, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$1,040
Property Tax (est.)-$393
Insurance (est.)-$116
Net Cash Flow+$1,691

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $347/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Cambridge's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Investment Perspective

Looking at this as an investment: Cambridge properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,313 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    750 Lawrence Street Unit 86, Cambridge | $555,000 | Battaglia Team