ON > Kitchener
Kitchener, ON N2H 4T3,77 Lancaster ST W
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Kitchener, ON N2H 4T3,77 Lancaster ST W,Video Tour
Kitchener, ON N2H 4T3,77 Lancaster ST W
Kitchener, ON N2H 4T3,77 Lancaster ST W
Kitchener, ON N2H 4T3,77 Lancaster ST W
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 1,650,000
Est. payment /mo
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77 Lancaster ST W Kitchener, ON N2H 4T3

7 Beds

UPDATED:

08/30/2024 12:41 AM

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID X8412652

Style 2-Storey

Bedrooms 7

Annual Tax Amount $6,569

Tax Year 2023

Property Description

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.

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Family Room Yes

Basement Full, Unfinished

Kitchen 7

Interior

Interior Features Carpet Free, Separate Heating Controls

Cooling None

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Porch

Parking Features Private, Reserved/Assigned

Garage Spaces 3.0

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 8

Building

Foundation Poured Concrete

Listed by DAVENPORT REALTY
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77 Lancaster ST W