$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
Zoning R-6
Interior
Cooling No
Inclusions 7 Fridges, 7 Stoves, 1 washer, 1 dryer
Exterior
Utilities Available Yes
Parking Type Outside/Surface
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Listed by DAVENPORT REALTY
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