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Kitchener - Cambridge - Waterloo
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Mt. Hope Huron Park
77 LANCASTER STREET W
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77 LANCASTER STREET W $1,650,000
$1,650,000
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77 LANCASTER STREET W
Kitchener, Ontario N2H4T3

MLS® Number: X11957929
7
Bedrooms
7
Bathrooms
-
Square Feet

Listing Description

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. (39839348)

Location Description

Lancaster/ Wellington

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
2
Land Size
53.57 x 160 FT|under 1/2 acre
Annual Property Taxes
$6,898
Total Parking Spaces
8
Time on REALTOR.ca
44 days

Building

Bedrooms
Above Grade
7
Bathrooms
Total
7
Interior Features
Appliances Included
Dishwasher, Stove, Refrigerator
Basement Type
Full (Unfinished)
Building Features
Features
Carpet Free
Foundation Type
Poured Concrete
Building Amenities
Separate Heating Controls
Structures
Porch
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Parking
Total Parking Spaces
8

Rooms

MetricImperial
Main level
Bathroom
Bedroom
Bedroom
Bedroom
Bathroom
Bathroom
Second level
Bathroom
Bedroom
Bedroom
Bathroom
Lower level
Bedroom
Bathroom

Land

Lot Features
Frontage
53 ft ,6 in
Land Depth
160 ft
Other Property Information
Zoning Description
R6
Data provided by: OnePoint Association of REALTORS® Suite 324 - 3-301 Stone Road West, Guelph, Ontario N1G 4W4
OWEN LENNOX
Salesperson
519-573-4404
REALTOR® Website
Email
Book showing
Keller Williams Home Group Realty
Brokerage
5 EDINBURGH ROAD SOUTH UNIT 1
GUELPH, Ontario N1H5N8
226-780-0202
Office Website

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OWEN LENNOX