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 you’re seeking long-term tenants or exploring the potential for short-term Airbnb rentals, 77 Lancaster St. W. is a sound and flexible investment opportunity. Don’t miss out on this must-see property. Schedule your private viewing today and discover the endless possibilities that await you. (id:4069)
Address |
77 LANCASTER Street W |
List Price |
$1,650,000 |
Property Type |
Multi-family |
Area |
Ontario |
Sub-Area |
Kitchener |
Bedrooms |
7 |
Bathrooms |
7 |
Floor Area |
4,963 Sq. Ft. |
Year Built |
1991 |
MLS® Number |
40592243 |
Listing Brokerage |
Davenport Realty Brokerage (Branch)
|
Basement Area |
Full (Partially finished) |
Postal Code |
N2H4T3 |
Zoning |
R-6 |
Site Influences |
Public Transit, Schools |
Features |
Paved driveway, Laundry- Coin operated, Sump Pump |