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 your seeking long-term tenants or exploring the potential for short-term Airbnb rentals, 77 Lancaster St. W. is a sound and flexible investment opportunity. Dont miss out on this must-see property. Schedule your private viewing today and discover the endless possibilities that await you. (id:50886)
BusinessType | Residential |
BusinessSubType | Apartments |
MLS® Number | X8412156 |
Property Type | Multi-family |
Features | Irregular Lot Size |
ParkingSpaceTotal | 8 |
Appliances | Dryer, Refrigerator, Stove, Washer |
HeatingType | Baseboard Heaters |
SizeExterior | 3513 Sqft |
SizeInterior | 3513 Sqft |
Type | Multi-family |
UtilityWater | Municipal Water |
Acreage | No |
SizeDepth | 160 Ft ,7 In |
SizeFrontage | 53 Ft ,6 In |
SizeIrregular | Bldg=53.57 X 160.64 Ft ; 130.60 Ft X 19.53 Ft X 34.91 Ft X 55.49 |
SizeTotalText | Bldg=53.57 X 160.64 Ft ; 130.60 Ft X 19.53 Ft X 34.91 Ft X 55.49 |
ZoningDescription | R-6 |
https://www.realtor.ca/real-estate/27003100/77-lancaster-street-w-kitchener
Contact us for more information
Owen Lennox
Salesperson