Address
77 LANCASTER Street W, Kitchener, ON
Price
$ 1,650,000
Property Attributes
  • ID#40518358
  • TypeMulti-Family
  • CityKitchener
  • Neighbourhood114 - Uptown Waterloo-North Ward
  • Postal CodeN2H 4T3
  • Style
  • Price$ 1,650,000
  • Bedrooms7
  • Bathrooms7
  • Half Bathrooms0
  • Sqr Footage4963
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Welcome to 77 Lancaster St. W., a remarkable 7-plex in the heart of Kitchener that seamlessly blends modern living with investment potential. This well-maintained property boasts a prime location, offering easy access to schools, parks, shopping, and major transportation routes. Featuring a mix of five one-bedroom units and two studio apartments. Notably, five of the seven units have undergone extensive renovations, presenting an immediate income opportunity for discerning investors. The turnkey nature of the property, coupled with ample on-site parking and outdoor spaces such as balconies and patios, ensures a hassle-free living experience for residents and an attractive proposition for those seeking a sound real estate investment. Mark your calendar for the open house at 77 Lancaster St. W., where you can witness firsthand the charm and potential this property has to offer. Whether you're looking long term tenants or short term Airbnb opportunity this property is a sound investment, definitely a must-see. Contact us today to schedule your private viewing and explore the possibilities that await. (id:7434)

General Features

Features Paved driveway,Laundry- Coin operated,Sump Pump
Property Type Multi-family
Zoning Description R-6
Amenities Public Transit,Schools
Building Cooling Type None
Location Description Located on Lancaster St W,near Wellington St N
Parking Space Total 8
Foundation Type Poured Concrete
Ownership Type Freehold
Building.StoriesTotal 2

Interior Features

Building Fireplace Present False
Building Heating Type Baseboard heaters,Forced air
Building Heating Fuel Electric,Natural gas
Basement Development Partially finished
Basement Type Full (Partially finished)

Exterior Features

Structure Shed
Land Amenities Public Transit,Schools
Sewer Municipal sewage system
Exterior Finish Vinyl siding

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in N2H 4T3

Price
AVG $1.65M
$1.65M
Visits
AVG 419
588
Data Provided by Inside Real Estate®
Year Built
AVG 1991
1991