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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:31697)

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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