77 Lancaster Street W Kitchener, Ontario N2H 4T3
$1,650,000
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:42029)
Property Details
MLS® Number | 40592243 |
Property Type | Multi-family |
AmenitiesNearBy | Public Transit, Schools |
EquipmentType | Water Heater |
Features | Paved Driveway, Laundry- Coin Operated, Sump Pump |
ParkingSpaceTotal | 8 |
RentalEquipmentType | Water Heater |
Structure | Shed |
Building
BathroomTotal | 7 |
BedroomsTotal | 7 |
BasementDevelopment | Partially Finished |
BasementType | Full (partially Finished) |
ConstructedDate | 1991 |
CoolingType | None |
ExteriorFinish | Vinyl Siding |
FoundationType | Poured Concrete |
HeatingFuel | Electric, Natural Gas |
HeatingType | Baseboard Heaters, Forced Air |
StoriesTotal | 2 |
SizeInterior | 4963 Sqft |
UtilityWater | Municipal Water |
Parking
Visitor Parking |
Land
AccessType | Highway Access |
Acreage | No |
LandAmenities | Public Transit, Schools |
Sewer | Municipal Sewage System |
SizeDepth | 161 Ft |
SizeFrontage | 54 Ft |
SizeTotalText | Under 1/2 Acre |
ZoningDescription | R-6 |
https://www.realtor.ca/real-estate/26919178/77-lancaster-street-w-kitchener
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Owen Lennox
Salesperson
33b - 620 Davenport Rd.
Waterloo, Ontario N2V 2C2