77 LANCASTER West Street, Kitchener, Ontario N2H4T3

  • $1,650,000
77 LANCASTER West Street, Kitchener, Ontario N2H4T3
For Sale
77 LANCASTER West Street, Kitchener, Ontario N2H4T3
  • $1,650,000

Overview

Property ID: 2974694
  • Multi-family
  • Property Type
  • 7
  • Bedrooms
  • 7
  • Bathrooms
  • 8
  • Garages
  • 4963.0
  • 1991
  • Year Built

Description

Welcome to 77 Lancaster St. W., an exceptional 7-plex nestled in the heart of Kitchener. This well-maintained property perfectly combines modern living with outstanding investment potential. Situated in a prime location, it offers easy access to schools, parks, shopping centers, and major transportation routes, making it highly desirable for both tenants and investors alike. The property features a versatile mix of five one-bedroom units and two studio apartments, catering to a wide range of rental needs. Notably, five of the seven units have been extensively renovated and are at market rent, providing a unique opportunity for immediate rental income. The property’s turnkey nature, coupled with ample on-site parking and inviting outdoor spaces such as balconies and patios, ensures a comfortable living experience for residents and a hassle-free investment for owners. Whether you’re seeking long-term tenants or exploring the potential for short-term Airbnb rentals, 77 Lancaster St. W. is a sound and flexible investment opportunity. Don’t miss out on this must-see property. Schedule your private viewing today and discover the endless possibilities that await you. (id:56724)

Details

Updated on June 24, 2024 at 6:22 am
  • Property ID: 2974694
  • Price: $1,650,000
  • Property Size: 4963.0
  • Bedrooms: 7
  • Bathrooms: 7
  • Garages: 8
  • Year Built: 1991
  • Property Type: Multi-family
  • Property Status: For Sale
  • MLS#: 40592243
  • MLS Status: Active

Additional details

  • Cooling: None
  • Heating: Baseboard heaters,Forced air,Electric,Natural gas
  • Stories: 2
  • Basement: Partially finished,Full
  • Directions: Located on Lancaster St W, near Wellington St N
  • Lot Features: Paved driveway,Laundry- Coin operated,Sump Pump
  • Water Source: Municipal water
  • Parking Total: 8
  • Common Interest: Freehold
  • Parking Features: Visitor Parking
  • Tax Annual Amount: 6569
  • Foundation Details: Poured Concrete
  • Zoning Description: R-6
  • Number Of Units Total: 7
  • Above Grade Finished Area: 3513
  • Address 77 LANCASTER Street W
  • City Kitchener
  • Province Ontario
  • Postal Code N2H4T3
  • Area 114 - Uptown Waterloo/North Ward
  • Country Canada

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
$
$
%
$
$

Features

360° Virtual Tour

Similar Listings

Compare listings

Compare
Jenny Domingos
  • Jenny Domingos