<-- style PDP --> 77 Lancaster Street, Kitchener - Multiplex for sale for $1,650,000
  • expired

77 Lancaster Street

Kitchener, Ontario, N2H 4T3 -

$1,650,000

  • Neighbourhood

  • Major Intersection

    Lancaster/ Wellington

  • Listed Since: 455 day(s)

  • Last update: 43 day(s) ago

Overview

  • Property Type

    Multiplex, 2-Storey

  • Bedrooms

    7

  • Bathrooms

    7

  • Basement

    Full + Unfinished

  • Kitchen

    7

  • Total Parking

    8

  • Lot Size

    53.57x160 (Feet)

  • Taxes

    $6,898.00 (2024)

  • Type

    Freehold

Property Description

Property description for 77 Lancaster Street, Kitchener

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.

Listed by Keller Williams Home Group Realty

  • MLS #

    X11957929

  • Sq. Ft

    Available Upon Request

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    31-50

  • Pool

    None

  • Drive

    Private, Reserved/Assigned

  • Garage

    None

  • Total Parking

    8

  • Family Room

    Y

  • Den

    Y

  • Exterior

    Vinyl Siding

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Poured Concrete

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Br

    3.65 x 2.9 ft Lower level

  • Br

    3.65 x 2.9 ft Main level

  • Br

    3.65 x 2.9 ft 2nd level

  • Br

    3.65 x 2.0 ft Main level

  • Br

    3.65 x 2.9 ft Main level

  • Br

    3.65 x 2.9 ft 2nd level

  • Bathroom

    2.0 x 2.0 ft Lower level

  • Bathroom

    2.0 x 2.0 ft Main level

  • Bathroom

    2.0 x 2.0 ft 2nd level

  • Bathroom

    2.0 x 2.0 ft Main level

  • Bathroom

    2.0 x 2.0 ft Main level

  • Bathroom

    2.0 x 2.0 ft 2nd level

  • MLS #

    X11957929

  • Sq. Ft

    Available Upon Request

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    31-50

  • Pool

    None

  • Drive

    Private, Reserved/Assigned

  • Garage

    None

  • Total Parking

    8

  • Family Room

    Y

  • Den

    Y

  • Exterior

    Vinyl Siding

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Poured Concrete

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Br

    3.65 x 2.9 ft Lower level

  • Br

    3.65 x 2.9 ft Main level

  • Br

    3.65 x 2.9 ft 2nd level

  • Br

    3.65 x 2.0 ft Main level

  • Br

    3.65 x 2.9 ft Main level

  • Br

    3.65 x 2.9 ft 2nd level

  • Bathroom

    2.0 x 2.0 ft Lower level

  • Bathroom

    2.0 x 2.0 ft Main level

  • Bathroom

    2.0 x 2.0 ft 2nd level

  • Bathroom

    2.0 x 2.0 ft Main level

  • Bathroom

    2.0 x 2.0 ft Main level

  • Bathroom

    2.0 x 2.0 ft 2nd level

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 77 Lancaster Street, Kitchener

This property has been sold 9 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Estimated price

Date
Price
Change
2025-02-05
$1,559,920
---

Inventory Graph

10 9 8 7 6 5 4 3 2 1 0 3 Months of inventory SELLER'S Market BALANCED Market BUYER'S Market

Mortgage Calculator

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Closing Cost Calculator

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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