Welcome to 77 Lancaster St. W., a remarkable 7-plex in the heart of Kitchener that seamlessly blends modern living with investment potential. This well-maintained property boasts a prime location, offering easy access to schools, parks, shopping, and major transportation routes. Featuring a mix of five one-bedroom units and two studio apartments. Notably, five of the seven units have undergone extensive renovations, presenting an immediate income opportunity for discerning investors. The turnkey nature of the property, coupled with ample on-site parking and outdoor spaces such as balconies and patios, ensures a hassle-free living experience for residents and an attractive proposition for those seeking a sound real estate investment. Mark your calendar for the open house at 77 Lancaster St. W., where you can witness firsthand the charm and potential this property has to offer. Whether you're looking long term tenants or short term Airbnb opportunity this property is a sound investment, definitely a must-see. Contact us today to schedule your private viewing and explore the possibilities that await. (id:47421)
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Detailed Information
Bedrooms
7
Bathrooms
7
Lot
54 x 161 ft
Amenities Nearby
Public Transit, Schools
Equipment
Water Heater
Features
Paved driveway, Laundry- Coin operated, Sump Pump
Listing Contract Date
2023-11-30
Location Description
Located on Lancaster St W, near Wellington St N
Ownership Type
Freehold
# of Parking Spaces
8
Property Type
Multi-family
Rental Equipment
Water Heater
Structures
Shed
Transaction Type
For sale
Zoning Description
R-6
Building
Basement Development
Partially finished
Basement Type
Full (Partially finished)
Constructed Date
1991
Cooling Type
None
Exterior Finish
Vinyl siding
Foundation Type
Poured Concrete
Heating Fuel
Electric, Natural gas
Heating Type
Baseboard heaters, Forced air
Stories Total
2
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Visitor Parking
Land
Total Size
under 1/2 acre
Access Type
Highway access
Amenities
Public Transit, Schools
Sewer
Municipal sewage system
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