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Central Frederick
195 LANCASTER Street E
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195 LANCASTER Street E $599,900
2 days ago
$599,900
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195 LANCASTER Street E
Kitchener, Ontario N2H1M9

MLS® Number: 40719125
5
Bedrooms
4
Bathrooms
1706
Square Feet

Listing Description

Highly Unique and Stylish Side-by-Side Duplex in Prime Downtown Location! An incredible opportunity awaits with this fully renovated, side-by-side duplex—offering versatility, income potential, and unbeatable location. This property features two separate units: a spacious 4-bedroom, 2-bathroom unit and a modern 1-bedroom, 1-bathroom unit—ideal for multigenerational living, house hacking, or investment. Extensive interior, exterior, and mechanical renovations have been completed with care, giving this property a fresh, contemporary appeal while ensuring long-term durability. The double-width driveway and detached garage provide ample parking, a rare find in such a central location. Live in the beautifully updated 4-bedroom home and let the income from the 1-bedroom unit cover your downtown living costs. Or, for savvy investors, take advantage of the the excellent Cap Rate—a true gem in today’s market. Situated in a vibrant and walkable neighbourhood, just steps from the bus route, LRT, tech hub, and all of downtown’s amenities, this property offers unmatched convenience and lifestyle appeal. Whether you're looking to live mortgage-free, generate strong cash flow, or secure a turnkey investment in a high-demand area—this unique duplex checks all the boxes. Don’t miss your chance to own a one-of-a-kind opportunity in the heart of it all, book your showing today! (68927715)

Location Description

Frederick Street / Lancaster

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
2
Square Footage
1706 sqft
Subdivision Name
212 - Downtown Kitchener/East Ward
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$4,773.11
Parking Type
Detached Garage
Time on REALTOR.ca
2 days

Building

Bathrooms
Total
4
Interior Features
Basement Type
Full (Partially finished)
Building Features
Features
Paved driveway, Sump Pump
Foundation Type
Stone
Total Units
3
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Baseboard heaters, (Electric), Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Parking
Parking Type
Detached Garage
Total Parking Spaces
5

Measurements

Square Footage
1706 sqft
Above Grade Finished
1706 sqft
Source: Other

Land

Lot Features
Frontage
59 ft
Other Property Information
Access
Highway access
Zoning Description
R5
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
519-579-4110
Email
Book showing
RE/MAX Twin City Realty Inc.
901 Victoria Street N., Suite B
Kitchener, Ontario N2B3C3
519-579-4110
Office Website

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