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 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)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | X8412156 |
| Property Type | Multi-family |
| Features | Irregular Lot Size |
| ParkingSpaceTotal | 8 |
Building
| Appliances | Dryer, Refrigerator, Stove, Washer |
| HeatingType | Baseboard Heaters |
| SizeExterior | 3513 Sqft |
| SizeInterior | 3513 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| 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
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Owen Lennox
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620 Davenport Rd Unit 33b
Waterloo, Ontario N2V 2C2
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October 21 2024 11:28:40
Toronto Real Estate Board
RE/MAX Icon Realty