Size
-
Lot size
799.43 sqm
Street frontage
-
Possession
-
Price per sqm
$5,061
Taxes
$6,569 (2023)
Parking Type
-
Style
-
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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 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.
Broker: Davenport Realty Brokerage (Branch)
MLS®#: 40592243
Property details
Parking:
8
Parking type:
-
Property type:
Multiplex
Heating type:
Baseboard,
Style:
-
MLS Size:
326 sqm
Lot front:
16.15 M
Lot depth:
48.77 M
Listed on:
May 20, 2024
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