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77 LANCASTER STREET W, Kitchener, Ontario

$1,650,000

7 Beds
7 Baths

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. (id:23309)

Listing ID: X8412652
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Bathroom	Second level	2 m x 2 m
Bedroom	Second level	3.65 m x 2.9 m
Bedroom	Second level	3.65 m x 2.9 m
Bathroom	Second level	2 m x 2 m
Bedroom	Lower level	3.65 m x 2.9 m
Bathroom	Lower level	2 m x 2 m
Bathroom	Main level	2 m x 2 m
Bedroom	Main level	3.65 m x 2.9 m
Bedroom	Main level	3.65 m x 2 m
Bedroom	Main level	3.65 m x 2.9 m
Bathroom	Main level	2 m x 2 m
Bathroom	Main level	2 m x 2 m

Details

Features: Carpet Free
Parking Spaces: 8
Structure: Porch
Transaction: For sale
Zoning Description: R6

Building

Amenities: Separate Heating Controls
Appliances: Dryer, Refrigerator, Stove, Washer
BasementType: Full (Unfinished)
Basement Development: Unfinished
Bedrooms Main Level: 7
Exterior Finish: Vinyl siding
Fireplace Present: False
Foundation: Poured Concrete
Bathrooms (Total): 7
Heating: Forced air
Heating Fuel: Natural gas
Stories Total: 2
Type: Other
Utility Water: Municipal water

Land

Sewer: Sanitary sewer
Size Frontage: 53 ft ,6 in
Size Irregular: 53.57 x 160 FT

Listing provided by RE/MAX ICON REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 77 LANCASTER STREET W in Kitchener Ontario. It was last modified on June 6th, 2024. Contact Allan-John Boulanger to schedule a viewing or to discover other Kitchener real estate for sale.

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