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359 Lawrence Street

359 Lawrence Street

Cambridge, ON

  • 0.37 sqft
  • Land
  • 376 days on market
$899,000Price reduced 14%

Great infill opportunity. Zoning approved. The property is situated in the Preston neighborhood of Cambridge, just 300 meters northeast of the Downtown Preston area along King Street East. The proposed development includes six two-storey freehold townhouse units within a single building. The surrounding area features a mix of mature residential and non-residential uses, primarily toward the downtown. Recreational amenities such as Civic Park and Ed Newland Pool are within walking distance to the west, as are community facilities like Preston Public School, St. Clement's Church, and the Royal Canadian Legion to the west and south. Further to the west is downtown Preston, offering a wide range of retail and service commercial establishments. The property is well-served by public transit, with a Grand River Transit Route 56 bus stop located just to the north of the site. Former building on site has been demolished.

Listing Details

Taxes (2024)
$6,299
Originally Listed
$1,050,000
Listed
August 23, 2025

Price History

Property

Lot Size
180.25 x 180.25 Feet

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
Westminster Dr. N
Zoning
RM 4
Parcel Number
037830101
Possession
Flexible
Occupancy
Vacant

Community

Postal area N3H

Population
24,306
Private dwellings
10,220
Median age
40.8
Average household size
2.5
Median household income
$82,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Cambridge · last 12 months

Median sold price
$678,000
Homes sold
1,243
Median days on market
19
Sale-to-list price
100.6%

Based on 1,243 recorded sales of commercial properties in Cambridge over the last 12 months.

Listed by

Cushman & Wakefield Waterloo Region Ltd

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Annual property tax
$6,299

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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