Attention Developers, Builders and Investors! This property is being offered together with 118 Lancaster W. The two properties together add up to approximately half an acre of land with a depth of 285 feet which can provide you with an EXCELLENT DEVELOPMENT OPPORTUNITY. The R7 ZONING designation opens up numerous options, including the construction of townhouses, stacked townhouses and apartment building. EXCELLENT LOCATION near the GO/VIA Station, the LRT, Future Transit Hub and Expressway. Centrally located within a short distance to both Downtown Kitchener & Uptown Waterloo, close to parks, restaurants, schools, public transit, Universities, etc. This Legal Triplex offers two spacious units with two bedrooms in each which can provide good revenue until you're ready to redevelop. TAKE ADVANTAGE OF THIS OPPORTUNITY AND COME SEE IT TODAY!! (id:47421)
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Detailed Information
Bedrooms
6
Bathrooms
3
Lot
50 x 285 ft
Amenities Nearby
Airport, Park, Public Transit, Schools, Shopping
Listing Contract Date
2025-03-04
Location Description
Victoria to Lancaster
Ownership Type
Freehold
# of Parking Spaces
4
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
R7
Building
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
1927
Construction Material
Wood frame
Cooling Type
None
Exterior Finish
Brick, Vinyl siding, Wood
Foundation Type
Stone
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2.5
Type
Triplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Detached Garage
Land
Total Size
under 1/2 acre
Access Type
Highway access
Amenities
Airport, Park, Public Transit, Schools, Shopping
Sewer
Municipal sewage system
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