Overview

Property ID: 40518358
  • Multi-6-9 Unit
  • Property Type
  • 7
  • Bedrooms
  • 7
  • Bathrooms
  • 3513
  • Sq Ft
  • 1991
  • Year Built

Description

Welcome to 77 Lancaster St. W., a remarkable 7-plex in the heart of Kitchener that seamlessly blends modern living with investment potential. This well-maintained property boasts a prime location, offering easy access to schools, parks, shopping, and major transportation routes. Featuring a mix of five one-bedroom units and two studio apartments. Notably, five of the seven units have undergone extensive renovations and are currently vacant, presenting an immediate income opportunity for discerning investors. The turnkey nature of the property, coupled with ample on-site parking and outdoor spaces such as balconies and patios, ensures a hassle-free living experience for residents and an attractive proposition for those seeking a sound real estate investment. Mark your calendar for the open house at 77 Lancaster St. W., where you can witness firsthand the charm and potential this property has to offer. Whether you’re looking long term tenants or short term Airbnb opportunity this property is a sound investment, definitely a must-see. Contact us today to schedule your private viewing and explore the possibilities that await.

  • Address Lancaster
  • City Kitchener
  • State/county Waterloo
  • Zip/Postal Code N2H 4T3

Details

Updated on January 25, 2024 at 6:23 pm
  • Property ID: 40518358
  • Price: $1,650,000
  • Property Size: 3513 Sq Ft
  • Bedrooms: 7
  • Bathrooms: 7
  • Year Built: 1991
  • Property Type: Multi-6-9 Unit
  • Property Status: Residential Income

Additional details

  • LaundryFeatures: Coin Operated
  • PhotosCount: 50
  • ITSO_UnderContract: Hot Water Heater
  • Cooling: None
  • SecurityFeatures: Smoke Detector
  • ITSO_NumberOfBachelorUnits: 0
  • ITSO_CoListAgent2Designation: Salesperson
  • AboveGradeFinishedArea: 3513
  • ITSO_SurveyType: None
  • ListingKeyNumeric: 145629702
  • MajorChangeType: New Listing
  • ITSO_LotIrregularities: 130.60 ft x 19.53 ft x 34.91 ft x 55.49 ft x 8.02
  • MLSAreaMajor: 1 - Waterloo East
  • TaxAnnualAmount: 6569
  • ITSO_NumberOfStudioUnits: 2
  • OriginatingSystemName: Waterloo Region
  • MlsStatus: Active
  • StreetNumber: 77
  • ListingKey: 333128f2e424f410192baa805bb91f3c
  • ITSO_NumberOfEfficiencyUnits: 0
  • StreetDirSuffix: W
  • ITSO_StreetViewParam: 1$43.461441036757165$-80.48351014855163$253.93$6.78$1.00$
  • Directions: Located on Lancaster St W, near Wellington St N
  • Roof: Asphalt Shing
  • ParkingTotal: 8
  • ITSO_NumberOfOtherUnits: 0
  • InternetAddressDisplayYN: 1
  • ITSO_ActiveOpenHouseCount: 0
  • WaterSource: Municipal
  • StoriesTotal: 2
  • OtherStructures: Shed(s),Storage
  • ParkingFeatures: Asphalt,Exclusive,Guest
  • Heating: Baseboard,Electric,Forced Air,Natural Gas
  • ITSO_UtilitiesExpense: 5248
  • ITSO_AcresRange: < 0.5
  • BuildingAreaUnits: Square Feet
  • InternetEntireListingDisplayYN: 1
  • InternetAutomatedValuationDisplayYN: 1
  • ITSO_NumberOfLoftUnits: 0
  • ITSO_OfferInstructions: 48Hrs irrevocable on all offers
  • ITSO_NumberOfPenthouseUnits: 0
  • ConstructionMaterials: Vinyl Siding
  • InternetConsumerCommentYN: 1
  • BuildingAreaTotal: 4963
  • CoListAgentDesignation: Salesperson
  • InsuranceExpense: 4900
  • ITSO_KitchensTotal: 0
  • ITSO_CoListAgent3Designation: Salesperson
  • MajorChangeTimestamp: 2023-11-30T14:53:03.703Z
  • ITSO_NumberOfApartmentUnits: 0
  • ITSO_TransactionType: Sale
  • ListingContractDate: 2023-11-30
  • MLSAreaMinor: 114 - Uptown Waterloo/North Ward
  • FarmLandAreaUnits: Square Feet
  • Zoning: R-6
  • BelowGradeFinishedArea: 1450
  • ITSO_StatusContractualSearchDate: 2023-11-30
  • Basement: Separate Entrance,Full,Partially Finished,Sump Pump
  • ITSO_OpenHousePublicCount: 0
  • ITSO_HSTApplicableToSalePrice: No
  • PhotosChangeTimestamp: 2023-11-30T15:07:42.313Z
  • AssociationFee2Frequency: Monthly
  • StateOrProvince: ON
  • AboveGradeFinishedAreaUnits: Square Feet
  • ITSO_OpenHouseCount: 1
  • FrontageLength: 53.57
  • BridgeModificationTimestamp: 2023-12-11T05:23:45.067Z
  • PropertyCondition: 31-50 Years
  • ParcelNumber: 223220038
  • ITSO_LotDepth: 160.64
  • FoundationDetails: Poured Concrete
  • ITSO_CurrentPrice: 1650000
  • ITSO_DrivewayParking: Outside/Surface/Open,Visitor Parking
  • StreetSuffix: Street
  • LotSizeDimensions: 160.64 x 53.57
  • ModificationTimestamp: 2023-12-10T21:00:10.597Z
  • ITSO_LaundryIncome: 1600
  • ITSO_CommonInterest: Freehold/None
  • Inclusions: Smoke Detector
  • BelowGradeFinishedAreaUnits: Square Feet
  • Sewer: Sewer (Municipal)
  • ITSO_NetIncome: 103286
  • ITSO_HoldoverDays: 60
  • ITSO_NumberOfUnitsOccupied: 2
  • ITSO_YearRoofReplaced: 2017
  • NumberOfBuildings: 0
  • ITSO_RATIO_CurrentPrice_By_AboveGradeFinishedArea: 469.68403
  • LotFeatures: Ample Parking,Highway Access,Public Transit,Schools
  • NumberOfUnitsTotal: 7
  • ITSO_Expenses: Estimated
  • OpenParkingSpaces: 8
  • FeedTypes: IDX

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