$1,650,000
 $8,858 est/mo Sourced by Back At You

77 Lancaster Street W , Kitchener, ON N2H 4T3

Kitchener, ON N2H 4T3

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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.

Details

MLS#40592243
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1991
Days On Site64
Listing Provided ByRe/Max Icon Realty | Owen Lennox

Features

Bed(s)7
Bath(s)7
SQ Feet3,513
BasementY
Story(s)2
Units7
ZoningR-6
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Learn More About This Property

ProvinceON
RegionWaterloo
CityKitchener
Postal CodeN2H 4T3
Area1 Waterloo East
Subarea114 Uptown Waterloo | North Ward
Community Name114 Uptown Waterloo/North Ward
Listing VS Median (in 114 Uptown Waterloo/North Ward)
Price:
$1,650,000
low | high
Med:
$599,900
100% of Average
SqFt:
3,513
low | high
Med:
708
100% of Average
$ / SqFt:
$470
low | high
Med:
$847
30.40136106831% of Average
On Site:
64
low | high
Med:
36
100% of Average
Sourced by Back At You
Listing Updated: July 22, 2024 at 1:18:20 PM PDT