195 Lancaster Street E Kitchener, Ontario N2H 1M9

5 Bedroom 4 Bathroom 1,706 ft2
Central Air Conditioning Baseboard Heaters, Forced Air

$599,900

Highly Unique and Stylish Side-by-Side Duplex in Prime Downtown Location! An incredible opportunity awaits with this fully renovated, side-by-side duplex—offering versatility, income potential, and unbeatable location. This property features two separate units: a spacious 4-bedroom, 2-bathroom unit and a modern 1-bedroom, 1-bathroom unit—ideal for multigenerational living, house hacking, or investment. Extensive interior, exterior, and mechanical renovations have been completed with care, giving this property a fresh, contemporary appeal while ensuring long-term durability. The double-width driveway and detached garage provide ample parking, a rare find in such a central location. Live in the beautifully updated 4-bedroom home and let the income from the 1-bedroom unit cover your downtown living costs. Or, for savvy investors, take advantage of the the excellent Cap Rate—a true gem in today’s market. Situated in a vibrant and walkable neighbourhood, just steps from the bus route, LRT, tech hub, and all of downtown’s amenities, this property offers unmatched convenience and lifestyle appeal. Whether you're looking to live mortgage-free, generate strong cash flow, or secure a turnkey investment in a high-demand area—this unique duplex checks all the boxes. Don’t miss your chance to own a one-of-a-kind opportunity in the heart of it all, book your showing today! (id:61594)

Property Details

MLS® Number 40719125
Property Type Multi-family
Amenities Near By Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features Community Centre
Features Paved Driveway, Sump Pump
Parking Space Total 5

Building

Bathroom Total 4
Bedrooms Total 5
Basement Development Partially Finished
Basement Type Full (partially Finished)
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Foundation Type Stone
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Forced Air
Stories Total 2
Size Interior 1,706 Ft2
Type Duplex
Utility Water Municipal Water

Parking

Detached Garage

Land

Access Type Highway Access
Acreage No
Land Amenities Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Frontage 59 Ft
Size Total Text Under 1/2 Acre
Zoning Description R5

https://www.realtor.ca/real-estate/28208590/195-lancaster-street-e-kitchener

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