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$ 1,650,000
Est. payment /mo
Active
77 Lancaster ST W Kitchener, ON N2H 4T3
7 Beds
UPDATED:
08/30/2024 12:41 AM
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID X8412652
Style 2-Storey
Bedrooms 7
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 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.
Location
Province ON
County Waterloo
Rooms
Family Room Yes
Basement Full, Unfinished
Kitchen 7
Interior
Interior Features Carpet Free, Separate Heating Controls
Cooling None
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Porch
Garage Private, Reserved/Assigned
Garage Spaces 3.0
Pool None
Waterfront No
Roof Type Asphalt Shingle
Total Parking Spaces 8
Building
Foundation Poured Concrete
Listed by RE/MAX ICON REALTY
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