77 Lancaster Street W Kitchener, Ontario N2H 4T3

3513 sqft
Baseboard Heaters

$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:47351)

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