For Sale

611 LANCASTER Street, Kitchener, Ontario N2K1M5

$849,900

611 LANCASTER Street, Kitchener, Ontario N2K1M5 is For Sale and has a listing price of 849,900. The property is located in the Bridgeport West neighbourhood. It's been on the website for 51 Days.

  • Multi-family
    Property Type
  • 7
    Bedrooms
  • 5
    Bathrooms
  • 5
    Parking Spaces
  • MLS ID: 40579509
  • Office Name DEWAR REALTY INC., BROKERAGE
Property Description

Unlock the Potential in Kitchener! This multi-unit property presents an exceptional opportunity for value-add investors seeking their next project. With two vacant units offering flexibility right out of the gate, you have the chance to set the tone for this building’s future. Located in a central area with easy access to major routes and amenities, this building caters to a range of tenants, ensuring long-term rental demand. For investors with a vision, the possibilities are endless—from modernizing units to enhancing curb appeal or even exploring structural expansion, this building is ready for your expertise. If you’re ready to take on a project that offers both challenges and rewards, this is your chance. Bring your ideas, your vision, and your expertise—this property is waiting for you to make an offer. Schedule a tour today and start planning your next steps! (id:43137)

Property Details
  • Bedrooms: 7
  • MLS ID: 40579509
  • Bathrooms: 5
  • Price: $849,900
  • Transaction Types: For Sale
  • Ref ID: 26909084
  • Year Built: N/A
  • 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
05/16/2024 40579509 $999,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Bridgeport West
  • $699,739 Average List Price
    based on 1 year
  • 3 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.16 % Below
  • Sold (12mo) 5
  • Rented (12mo) 0

  • 1 Month Change -15.0%
  • 3 Month Change -22.6%
  • 6 Month Change -38.3%
Walkscore
Property Type Distribution
  • All Houses
    30.64%
  • Commercial
    54.91%
  • Condo
    11.56%
  • Land for Sale
    2.89%
Additional Details
  • Sewers Municipal Sewage System
  • Heat Source Natural Gas
  • Basement2 Full (finished)
  • Heating System Forced Air
  • Water Municipal Water
  • Exterior Metal
  • Cooling System None
  • Total Parking Spaces: 5
  • Property Features Crushed Stone Driveway
  • Fireplace False
  • Security Alarm System
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 16/05/2024 00:00:00
  • Zoning R-cg
  • Agent Name: GREG DEWAR
  • Address Subdivision: 114 - Uptown Waterloo/North Ward
  • Last Updated: 08/12/2024 20:00:59
Open House Dates
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