5-7 Lincoln Avenue, Cambridge, ON

$749,900
MLS#:X11965301
5 beds
3 baths
2500-3000 sqft
4.0 parking
Residential Freehold
Loading property media...

Description

Property Highlights

Welcome to this remarkable ["2-Storey"] triplex located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $749,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 66 x 108 ft lot
  • Features a ["partial basement", "crawl space"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

RemarksPublic: 5-7 Lincoln Avenue offers a fantastic opportunity to enjoy the best of both worldslive in one unit while generating rental income from the additional units. It's the perfect opportunity for those looking to balance comfortable living with smart financial growth! This property offers character-rich living across 3 units. Step into Unit 5A- this one bedroom unit featuring high ceilings, abundant natural light, charming wood trim, and decorative fireplace provides the perfect place to relax.This unit has a private front patio & parking right outside the front door. Enjoy the convenient main floor layout of 2 bedroom Unit 5B with a bright sunroom & direct access to the yard. Complete kitchen with dishwasher, farmhouse sink & plenty of hardwood counter space. Unit 5B offers a comfortable layout for a professional/small family. Located on the 2nd floor, Unit 7 boasts 2 bedrooms flooded with natural light. The primary features a sunroom, providing a peaceful personal space. The galley kitchen provides tall cabinets for extra storage & dishwasher, as well as a sunlit living room to entertain friends and family. Each unit is equipped with separate hydro meters and updated electrical panels (water & heat included in rents), 1 parking spot per unit, and a convenient storage locker. The basement houses the shared coin-op laundry & secure area for utilities including updated electrical panel (separate meter) for common area electrical. All tenants have access, and use of the well maintained backyard as well as a private patio area for each unit. Plumbing was updated in 2010 removing galvanized steel water pipes and replacing with copper/pvc. Major electrical upgrades and inspections in 2011. Nestled on a character street lined by classic Galt globe lamps, 5-7 Lincoln Avenue offers a double lot in an established neighbourhood close to local shops, restaurants, Downtown Galt and more. Don't miss out on the opportunities Lincoln Ave has for you!

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Key Features

Bedrooms
5
Bathrooms
3
Kitchens
3
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 24, 2025
Sold price information is available to members only
Listed Date2/8/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
ConstructionVinyl Siding, Brick
Lot Size66 × 108 Feet
CountyWaterloo
Annual Tax$5,652
Legal DescriptionLT 3 BLK D PL 488 CAMBRIDGE; CAMBRIDGE

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Public Transit

Community Features

Location

Initializing map...
5-7 Lincoln Avenue, Cambridge, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 5-7 Lincoln Avenue, Cambridge, ON N1R 4W4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...
Financial Audit

Estimated Costs

Loan Amount$599,920
Monthly Mortgage$3,486
Property Tax (Est.)$471
Utilities & Maint.$350
Total Monthly Cost$4,307

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Cambridge.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cambridge.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$782,723

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Local Schools Guide

Elementary Schools

Elgin Street
Public685 Elgin Street North, Cambridge, Ontario, N1R 7W6
6.2
Avenue Road
Public40 Gail Street, Cambridge, Ontario, N1R 4M2
3.3
Christ The King
Public70 Acorn Way, Cambridge, Ontario, N1R 8M5
3.1
St Peter
Public92 Avenue Road, Cambridge, Ontario, N1R 1C1
5.6
Manchester
Public455 Dundas Street North, Galt, Cambridge, Ontario, N1R 5R5
4.7

Secondary Schools

Galt
Public200 Water Street North, Galt, Cambridge, Ontario, N1R 6V2
5.9
St. Benedict
Catholic50 Saginaw Parkway, Cambridge, Ontario, N1R 5W1
6.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.