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Home ON Kitchener - Cambridge - Waterloo Kitchener Mt. Hope Huron Park
77 LANCASTER Street W
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77 LANCASTER Street W $1,650,000
$1,650,000
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77 LANCASTER Street W
Kitchener, Ontario N2H4T3

MLS® Number: 40592243
7
Bedrooms
7
Bathrooms
4963
Square Feet

Listing Description

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. (67511421)

Location Description

Located on Lancaster St W, near Wellington St N

Property Summary

Property Type
Multi-family
Storeys
2
Square Footage
4963 sqft
Subdivision Name
114 - Uptown Waterloo/North Ward
Title
Freehold
Land Size
under 1/2 acre
Built in
1991
Annual Property Taxes
$6,569
Parking Type
Visitor Parking
Time on REALTOR.ca
42 days

Building

Bathrooms
Total
7
Interior Features
Basement Type
Full (Partially finished)
Building Features
Features
Paved driveway, Laundry- Coin operated, Sump Pump
Foundation Type
Poured Concrete
Rental Equipment
Water Heater
Structures
Shed
Total Units
7
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters, (Electric), Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Neighbourhood Features
Amenities Nearby
Public Transit, Schools
Parking
Parking Type
Visitor Parking
Total Parking Spaces
8

Measurements

Square Footage
4963 sqft
Above Grade Finished
3513 sqft
Source: Other
Below Grade Finished
1450 sqft
Source: Other

Land

Lot Features
Frontage
54 ft
Land Depth
161 ft
Other Property Information
Access
Highway access
Zoning Description
R-6
Data provided by: Waterloo Region Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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