77 Lancaster Street W, Kitchener, Ontario

$1,650,000

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7

Beds

7

Baths

4,963

Square feet

About 77 Lancaster Street W

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:36535)

Features of 77 Lancaster Street W

Listing # 40592243
Price $1,650,000
Bedrooms 7
Bathrooms 7.00
Square Footage 4,963
Acres 0.00
Year Built 1991
Type Multi-family
Sub-Type Freehold

Community Information

Address 77 Lancaster Street W
Subdivision 114 - Uptown Waterloo/North Ward
City Kitchener
Province Ontario
Postal Code N2H4T3

Amenities

Amenities Public Transit, Schools
Features Paved driveway, Laundry- Coin operated, Sump Pump
Parking Spaces 8
Parking Visitor Parking
Is Waterfront No
Has Pool No

Interior

Heating Electric, Natural gas Baseboard heaters, Forced air
Cooling None
Fireplace No
# of Stories 2
Has Basement Yes

Exterior

Exterior Vinyl siding
Foundation Poured Concrete

Listing Details

OfficeCourtesy Of OWEN LENNOX Of Davenport Realty Brokerage (Branch)

Listing Map