For Sale

77 Lancaster Street, Kitchener, Ontario N2H4T3

$1,650,000

77 Lancaster Street, Kitchener, Ontario N2H4T3 is For Sale and has a listing price of 1,650,000. The property is located in the Mt. Hope Huron Park neighbourhood. It's been on the website for 202 Days.

  • Multi-family
    Property Type
  • Multi-family
    Building Type
  • 8
    Parking Spaces
  • MLS ID: X8412156
  • Office Name RE/MAX ICON REALTY
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. (id:43137)

Property Details
  • Virtual Tour: Click Here
  • MLS ID: X8412156
  • Price: $1,650,000
  • Transaction Types: For Sale
  • Ref ID: 27003100
  • Year Built: N/A
  • Building Type: Multi-family
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
06/06/2024 X8412652 $1,650,000 For Sale - -
06/06/2024 X8412156 $1,650,000 For Sale - -
05/21/2024 40592433 $1,525 For Rent - -
05/21/2024 40592243 $1,650,000 For Sale - -
02/13/2024 40524269 $1,850 For Rent - -
02/13/2024 40540675 $1,650 For Rent - -
11/30/2023 40518358 $1,650,000 For Sale - -
11/30/2023 X7331616 $1,650,000 Expired 05/31/2024 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Mt. Hope Huron Park
  • $796,950 Average List Price
    based on 1 year
  • 12 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 5.02 % Below
  • Sold (12mo) 17
  • Rented (12mo) 11

  • 1 Month Change -26.6%
  • 3 Month Change -27.2%
  • 6 Month Change -5.8%
Walkscore
  • 87 Walk Score
    Very Walkable
  • 55 Transit Score
    Good Transit
  • 66 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    73%
  • Commercial
    5.83%
  • Condo
    20.73%
  • Land for Sale
    0.43%
Additional Details
  • Heating System Baseboard Heaters
  • Water Municipal Water
  • Total Parking Spaces: 8
  • Property Features Irregular Lot Size
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 06/06/2024 00:00:00
  • Zoning M-c2 D185
  • Agent Name: OWEN LENNOX
  • Last Updated: 21/10/2024 23:28:40
Open House Dates
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