$1,650,000
77 Lancaster ST W Kitchener, ON N2H 4T3
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$1,650,000
Est. payment /mo
3,513 SqFt
UPDATED:
08/30/2024 12:43 AM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,513 sqft
Price per Sqft $469
MLS Listing ID X8412156
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 your 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
Interior
Cooling No
Exterior
Garage Spaces 8.0
Utilities Available Yes
Parking Type Outside/Surface
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Listed by RE/MAX ICON REALTY
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