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$1,650,000
Available - For Sale
Listing ID: X8412652
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: $6,569
Assessment: $542000
Assessment Year: 2023
Address: 77 Lancaster St West , Kitchener, N2H 4T3, Ontario
Lot Size: 53.57 x 160 (Feet)
Directions/Cross Streets: Lancaster/ Wellington
Rooms: 28
Bedrooms: 7
Washrooms: 7
Kitchens: 7
Family Room: Y
Basement: Full
Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Lower Br 11.97 9.51
Room 2: Main Br 11.97 9.51
Room 3: 2nd Br 11.97 9.51
Room 4: Main Br 11.97 6.56
Room 5: Main Br 11.97 9.51
Room 6: 2nd Br 11.97 9.51
Room 7: Lower Bathroom 6.56 6.56
Room 8: Main Bathroom 6.56 6.56
Room 9: 2nd Bathroom 6.56 6.56
Room 10: Main Bathroom 6.56 6.56
Room 11: Main Bathroom 6.56 6.56
Room 12: 2nd Bathroom 6.56 6.56
No. of Pieces Level
Washroom 1:  4
Washroom 2:  3
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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DAVENPORT REALTY

77 Lancaster St West , Kitchener, N2H 4T3, Ontario

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MD Ashraful Bari
Broker
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647.406.6653
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905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Multiplex
Area: Waterloo
Municipality: Kitchener
Neighbourhood:
Style: 2-Storey
Lot Size: 53.57 x 160.00(Feet)
Approximate Age: 31-50
Tax: $6,569
Maintenance Fee: $0
Beds: 7
Baths: 7
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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