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:40058)
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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June 18 2024 04:30:29
Kitchener-Waterloo Association of REALTORS®
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