$1,650,000
Available - For Sale
Listing ID: X8412652
77 Lancaster St West , Kitchener, N2H 4T3, Ontario
| 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 youre 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. |
| Price | $1,650,000 |
| Taxes: | $6569.00 |
| Assessment: | $542000 |
| Assessment Year: | 2023 |
| Address: | 77 Lancaster St West , Kitchener, N2H 4T3, Ontario |
| Lot Size: | 53.57 x 160.00 (Feet) |
| Directions/Cross Streets: | Lancaster/ Wellington |
| Rooms: | 28 |
| Bedrooms: | 7 |
| Bedrooms +: | |
| Kitchens: | 7 |
| Family Room: | Y |
| Basement: | Full, Unfinished |
| Approximatly Age: | 31-50 |
| Property Type: | Multiplex |
| Style: | 2-Storey |
| Exterior: | Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 3 |
| Pool: | None |
| Approximatly Age: | 31-50 |
| Fireplace/Stove: | N |
| Heat Source: | Gas |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Sewers: | Sewers |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| DAVENPORT REALTY |
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Mina Nourikhalichi
Broker
Dir:
416-882-5419
Bus:
905-731-2000
Fax:
905-886-7556
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Waterloo |
| Municipality: | Kitchener |
| Style: | 2-Storey |
| Lot Size: | 53.57 x 160.00(Feet) |
| Approximate Age: | 31-50 |
| Tax: | $6,569 |
| Beds: | 7 |
| Baths: | 7 |
| Fireplace: | N |
| Pool: | None |
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