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77 Lancaster Street W Kitchener, Ontario N2H 4T3

7 Bedroom 7 Bathroom 4963 sqft
None Baseboard Heaters, Forced Air

$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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Owen Lennox
Salesperson

(519) 573-4404
www.lennoxrealtygroup.com/
www.facebook.com/LennoxRealtyGroup/

Davenport Realty Brokerage (Branch)
33b - 620 Davenport Rd.
Waterloo, Ontario N2V 2C2

(226) 777-5833
www.davenportrealty.ca/

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