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:57448)
Property Details
| MLS® Number | 40592243 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit, Schools |
| Equipment Type | Water Heater |
| Features | Paved Driveway, Laundry- Coin Operated, Sump Pump |
| Parking Space Total | 8 |
| Rental Equipment Type | Water Heater |
| Structure | Shed |
Building
| Bathroom Total | 7 |
| Bedrooms Total | 7 |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Constructed Date | 1991 |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Electric, Natural Gas |
| Heating Type | Baseboard Heaters, Forced Air |
| Stories Total | 2 |
| Size Interior | 4963 Sqft |
| Utility Water | Municipal Water |
Parking
| Visitor Parking |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 161 Ft |
| Size Frontage | 54 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R-6 |
https://www.realtor.ca/real-estate/26919178/77-lancaster-street-w-kitchener
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Contact us for more information
Owen Lennox
Salesperson
www.lennoxrealtygroup.com/
www.facebook.com/LennoxRealtyGroup/
33b - 620 Davenport Rd.
Waterloo, Ontario N2V 2C2
(226) 777-5833
www.davenportrealty.ca/
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June 18 2024 04:30:29
Kitchener-Waterloo Association of REALTORS®
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