$1,650,000
Available - For Sale
Listing ID: X8412156
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 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. |
| Price | $1,650,000 |
| Taxes: | $6569.00 |
| Tax Type: | Annual |
| Assessment: | $542000 |
| Assessment Year: | 2023 |
| Occupancy by: | Tenant |
| Address: | 77 Lancaster St West , Kitchener, N2H 4T3, Ontario |
| Postal Code: | N2H 4T3 |
| Province/State: | Ontario |
| Lot Size: | 53.57 x 160.64 (Feet) |
| Directions/Cross Streets: | Lancaster and Wellington |
| Category: | Apartment |
| Use: | Apts-6 To 12 Units |
| Building Percentage: | Y |
| Total Area: | 3513.00 |
| Total Area Code: | Sq Ft |
| Approximatly Age: | 31-50 |
| Financial Statement: | Y |
| Gross Income/Sales: | $123000 |
| Expenses Actual/Estimated: | $Act |
| Heat Type: | Baseboard |
| Central Air Conditioning: | N |
| Water: | Municipal |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| DAVENPORT REALTY |
|
|
Mina Nourikhalichi
Broker
Dir:
416-882-5419
Bus:
905-731-2000
Fax:
905-886-7556
| Virtual Tour | Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Investment |
| Area: | Waterloo |
| Municipality: | Kitchener |
| Lot Size: | 53.57 x 160.64(Feet) |
| Approximate Age: | 31-50 |
| Tax: | $6,569 |
Locatin Map:
Payment Calculator:
