77 Lancaster Street, Kitchener, Ontario N2H4T3 is For Sale and has a listing price of 1,650,000. The property is located in the Mt. Hope Huron Park neighbourhood. It's been on the website for 17 Days.
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. (id:43137)
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 02/05/2025 | X11957929 | $1,650,000 | For Sale | - | - |
| 01/30/2025 | X11947766 | $1,525 | For Rent | - | - |
| 06/06/2024 | X8412652 | $1,650,000 | For Sale | - | - |
| 06/06/2024 | X8412156 | $1,650,000 | For Sale | - | - |
| 05/21/2024 | 40592433 | $1,525 | For Rent | - | - |
| 05/21/2024 | 40592243 | $1,650,000 | For Sale | - | - |
| 02/13/2024 | 40524269 | $1,850 | For Rent | - | - |
| 02/13/2024 | 40540675 | $1,650 | For Rent | - | - |
| 11/30/2023 | 40518358 | $1,650,000 | For Sale | - | - |
| 11/30/2023 | X7331616 | $1,650,000 | Expired | 05/31/2024 | - |
| Bathroom - Second | 2 m x 2 m |
| Bedroom - Second | 3.65 m x 2.9 m |
| Bedroom - Second | 3.65 m x 2.9 m |
| Bathroom - Second | 2 m x 2 m |
| Bedroom - Lower | 3.65 m x 2.9 m |
| Bathroom - Lower | 2 m x 2 m |
| Bathroom - Main | 2 m x 2 m |
| Bedroom - Main | 3.65 m x 2.9 m |
| Bedroom - Main | 3.65 m x 2 m |
| Bedroom - Main | 3.65 m x 2.9 m |
| Bathroom - Main | 2 m x 2 m |
| Bathroom - Main | 2 m x 2 m |
