195 Lancaster Street E Kitchener, Ontario N2H 1M9
$599,900
Highly Unique and Stylish Side-by-Side Duplex in Prime Downtown Location! An incredible opportunity awaits with this fully renovated, side-by-side duplex—offering versatility, income potential, and unbeatable location. This property features two separate units: a spacious 4-bedroom, 2-bathroom unit and a modern 1-bedroom, 1-bathroom unit—ideal for multigenerational living, house hacking, or investment. Extensive interior, exterior, and mechanical renovations have been completed with care, giving this property a fresh, contemporary appeal while ensuring long-term durability. The double-width driveway and detached garage provide ample parking, a rare find in such a central location. Live in the beautifully updated 4-bedroom home and let the income from the 1-bedroom unit cover your downtown living costs. Or, for savvy investors, take advantage of the the excellent Cap Rate—a true gem in today’s market. Situated in a vibrant and walkable neighbourhood, just steps from the bus route, LRT, tech hub, and all of downtown’s amenities, this property offers unmatched convenience and lifestyle appeal. Whether you're looking to live mortgage-free, generate strong cash flow, or secure a turnkey investment in a high-demand area—this unique duplex checks all the boxes. Don’t miss your chance to own a one-of-a-kind opportunity in the heart of it all, book your showing today! (id:42029)
Property Details
| MLS® Number | 40719125 |
| Property Type | Multi-family |
| AmenitiesNearBy | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| CommunityFeatures | Community Centre |
| Features | Paved Driveway, Sump Pump |
| ParkingSpaceTotal | 5 |
Building
| BathroomTotal | 4 |
| BedroomsTotal | 5 |
| BasementDevelopment | Partially Finished |
| BasementType | Full (partially Finished) |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Stone |
| HeatingFuel | Electric, Natural Gas |
| HeatingType | Baseboard Heaters, Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1706 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
Parking
| Detached Garage |
Land
| AccessType | Highway Access |
| Acreage | No |
| LandAmenities | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeFrontage | 59 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | R5 |
https://www.realtor.ca/real-estate/28208590/195-lancaster-street-e-kitchener
Interested?
Contact us for more information
Matthew Rooney
Salesperson
901 Victoria Street N., Suite B
Kitchener, Ontario N2B 3C3
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April 24 2025 04:15:28
Kitchener-Waterloo Association of REALTORS®
RE/MAX Twin City Realty Inc.