77 Lancaster Street West, Kitchener | Image 1

77 Lancaster Street West

Kitchener

  • 7 bed 7 bath
$1,650,000 est.*: $5,590/mo
For Sale

Added 1 month ago

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  • Type: Multiplex

  • Style: 2-Storey

  • Lot Size: 53.57 x 160 Feet

  • Age: 31-50 years

  • Taxes: $6,898 per year

  • Added: Feb 05, 2025 (1 month ago)

  • Updated:

  • Last Checked: 1 hour ago

  • MLS®#: X11957929

  • Listed By: Keller williams home group realty

An excellent opportunity to own a well-maintained 7-unit multi-residential property in the heart of Kitchener! Generating a gross annual income of $123,000, this investment offers strong cash flow with upside potential. The building consists of five one-bedroom units and two studio apartments, with five of the seven units already renovated, providing modern finishes and updated interiors. Well cared for over the years, this property is ideal for investors seeking a low-maintenance addition to their portfolio. Located in a high-demand rental area, the property is close to public transit, downtown Kitchener, parks, schools, and everyday amenities, making it an attractive option for tenants. With a solid rental history and potential for further value-add through renovations or additional storage, this is a turnkey investment with excellent long-term appreciation potential. With Kitcheners thriving rental market and strong demand for multi-family properties, this is a fantastic investment opportunity.

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 2-Storey

  • Age: 31-50

  • Area: Kitchener

  • Availability Date: Flexible

Inside

  • Bedrooms: 7

  • Bathrooms: 7

  • Kitchens: 7

  • Rooms: 28

  • Den/Family Room: Yes

  • Air Conditioning: None

  • Fireplace: No

  • Central Vacuum: N

  • Washrooms: 7

Building

  • Basement: Full

  • Basement 2: Unfinished

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Vinyl Siding

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Private

  • Garage Type: None

  • Covered Parking Spaces: 3

  • Total Parking Spaces: 8

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 7 PL 199 KITCHENER PT 1, 58R7929; KITCHENER

  • Taxes: $6,898

Land

  • Cross Street: Lancaster/ Wellingto

  • Municipality District: Kitchener

  • Fronting On: East

  • Parcel Number: 223220038

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 160 Feet

  • Lot Frontage: 53.57 Feet

  • Acres: < .50

  • Zoning: R6

Additional Media

  • Virtual Tour: https://my.matterport.com/work/?m=NL2gzoDw2h1&back=1

Rooms

Room details for 77 Lancaster Street West, Kitchener

Type Dimensions
Br Lower 2.90 x 3.65
Br Main 2.90 x 3.65
Br 2nd 2.90 x 3.65
Br Main 2.00 x 3.65
Br Main 2.90 x 3.65
Br 2nd 2.90 x 3.65
Bathroom Lower 2.00 x 2.00
Bathroom Main 2.00 x 2.00
Bathroom 2nd 2.00 x 2.00
Bathroom Main 2.00 x 2.00
Bathroom Main 2.00 x 2.00
Bathroom 2nd 2.00 x 2.00
See 3D Tour of 77 Lancaster Street West, Kitchener
3D Walkthrough
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Very Walkable

  • Most errands can be accomplished on foot.
87 /100

Good Transit

  • Some errands can be accomplished by public transportation.
55 /100

Bikeable

  • Some errands can be accomplished on bike.
66 /100
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Map of 77 Lancaster Street West, Kitchener
JK-8

St Teresa Catholic Elementary School

Elementary: Catholic
0.77 km
JK-6

Prueter Public School

Elementary: Public
0.95 km
7-8

Margaret Avenue Public School

Elementary: Public
0.55 km
JK-8

St Anne Catholic Elementary School

Elementary: Catholic
1.54 km
JK-6

Suddaby Public School

Elementary: Public
1.00 km
JK-6

Sheppard Public School

Elementary: Public
1.90 km
9-12

Rosemount - U Turn School

Secondary: Public
2.10 km
Pre-Grade 9-12

Kitchener Waterloo Collegiate and Vocational School

Secondary: Public
2.13 km
Pre-Grade 9-12

Bluevale Collegiate Institute

Secondary: Public
2.01 km
Pre-Grade 9-12

Eastwood Collegiate Institute

Secondary: Public
3.04 km
9-12

St Mary's High School

Secondary: Catholic
4.81 km
Pre-Grade 9-12

Cameron Heights Collegiate Institute

Secondary: Public
1.86 km

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 744-746 Queen Street South, Kitchener | MLS: X11887669
For Sale
3 months ago
$X,XXX,XXX
  • — bath
  • — bed
  • — sqft

744-746 Queen Street South, Kitchener, Ontario • N2M 1A4 • Kitchener