31 Bruce Street

Introducing a remarkable opportunity: a Multi-Family Home for sale in Cambridge , located at 31 Bruce Street, Cambridge. This historic legal duplex semi is nestled in the heart of East Galt, just a stone's throw from the vibrant and trendy Gaslight District. With its prime location and charming features, this property presents an ideal option for those seeking a residence that can also serve as a lucrative investment.

The property at 31 Bruce Street, Cambridge, boasts a rich history dating back to 1888, showcasing its unique character and charm. This multiplex is designed as a side-by-side duplex, making it perfect for owner-occupied use with the added benefit of a mortgage helper, or as an investment opportunity. The flexibility of vacant possession allows for a seamless transition for new owners.

Unit 1 of this Multi-Family Home for sale in Cambridge features two spacious upper bedrooms, providing ample space for relaxation and privacy. The large main-floor living area is enhanced by a cosy gas fireplace, creating a warm and inviting atmosphere. Although there is no dedicated kitchen, the unit is equipped with essential appliances, including a built-in microwave, dishwasher, dryer, refrigerator, stove, and washer, ensuring convenience for daily living. The main floor also includes a 4-piece bathroom and laundry facilities, adding to the practicality of this unit.

The kitchen area, while not explicitly detailed, opens to a generous covered porch and private deck, perfect for entertaining guests or enjoying quiet evenings outdoors. The second unit mirrors the first, offering two bedrooms, a comfortable living space, and its own private laundry facilities. Both units have been freshly painted and feature contemporary, carpet-free flooring throughout, ensuring a modern and clean aesthetic.

Parking is a significant advantage of this property, with a private driveway accommodating up to six vehicles, alongside four covered carport spaces in the detached garage. This feature is particularly valuable in a bustling area like Cambridge, where parking can often be a challenge.

The exterior of the property is beautifully landscaped, providing a sense of privacy and a welcoming first impression. The private entrance enhances the appeal of this Multi-Family Home for sale in Cambridge, allowing for a sense of independence for each unit. The lot measures an impressive 68 X 134 feet, offering ample outdoor space for relaxation or potential future developments, subject to local regulations.

While the property does not include air conditioning, it is heated by a combination of natural gas and radiant heat, with the fireplace serving as an additional source of warmth. The unfinished crawl space basement provides extra storage options, while the municipal water supply ensures reliable access to water.

Located in the desirable community of 21 - Glenview, Lincoln, Oak, this Multi-Family Home for sale in Cambridge is conveniently situated close to schools, shopping centres, and the picturesque Grand River. Residents can enjoy walking trails and easy access to the highway, making it a perfect location for both families and professionals alike.

In summary, 31 Bruce Street, Cambridge, is a unique and historic property that offers both residential comfort and investment potential. With its spacious units, ample parking, and prime location near the Gaslight District, this Multi-Family Home for sale in Cambridge is a rare find in one of the city’s most sought-after neighbourhoods. Whether you are looking to occupy one unit while renting out the other or seeking a sharp investment opportunity, this property is sure to meet your needs. Don’t miss out on this exceptional chance to own a piece of Cambridge’s history!

The community of 21 - Glenview, Lincoln, Oak in Cambridge is a charming and inviting neighbourhood that boasts a delightful blend of residential comfort and local amenities. Nestled amidst tree-lined streets, this area is characterised by its well-maintained homes and a strong sense of community spirit. Residents enjoy easy access to parks, schools, and shops, making it an ideal location for families and individuals alike. The proximity to public transport links ensures that the vibrant city centre is just a short journey away, while the tranquil surroundings offer a peaceful retreat from the hustle and bustle of urban life. With its welcoming atmosphere and convenient location, 21 - Glenview, Lincoln, Oak presents an appealing option for those looking to settle in Cambridge.

Schools in the Neighbourhood

This property is ideally situated near several reputable schools, making it a great choice for families. The closest option is Central Public School, just 0.2 km away, offering grades JK to 6 with an impressive rating of 4.7. Avenue Road Public School, located 2.6 km from the property, caters to grades K to 8 and has a solid rating of 4.2. For secondary education, Glenview Park Secondary School is only 1.2 km away, boasting a rating of 6.2, while Galt Collegiate Institute, 1.5 km from the property, offers a French-language curriculum with a rating of 6.1. Additionally, St. Anne Catholic Elementary School, 1.5 km away, provides a Catholic education for grades JK to 8 with a rating of 4.4. Monsignor Doyle Catholic Secondary School, located 2.0 km away, serves grades 9 to 12 and has a rating of 5.8. For those interested in French education, Woodroffe Avenue Public School is available 3.3 km away with a high rating of 8.7. Overall, the area offers a diverse range of educational options, ensuring that families have access to quality schooling for their children.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 551 residents, characterized by an average household size of 1.9 individuals. The community has a median age of 55.6 years, indicating a mature demographic. The average household income stands at $63,200, with 12% of the population classified as low-income. Housing prices in the area average around $480,000, reflecting the local real estate market's dynamics. A significant portion of the population, 65%, is single, while 36.84% of households include children, suggesting a mix of family structures. The area is also notable for its diversity, with 27.4% of residents being immigrants. A substantial majority, 75.61%, are renters, and there are no condominiums available in the market. Educational attainment is relatively high, with 44.44% of residents holding a college or university degree. However, it is important to note that 44.44% of the population is not actively participating in the labor force. This demographic snapshot highlights a community that is predominantly single, older, and diverse, with a significant proportion of renters and a strong emphasis on education.