120 Lancaster St W

Kitchener | | N2H 4T6
  • 6
  • 3
  • 0

$725,000

Est. Mtg $2,458 /mo
  • Days on market

    130

  • Status

    New

Listing Broker RED AND WHITE REALTY INC.
Since listed: 2 views

Home details

MLS #:

X11998693

Property type:
Triplex
Style:
2 1/2 Storey
Taxes:
$3,793
Possession:
Flexible
Lot Front:
50.0   Feet
Lot Depth:
264.0   Feet
Basement:
Finished | Full
Driveway Pkg:
4
Heat:
Gas | Forced Air

Description


120 Lancaster St W, , Kitchener, Ontario is a Triplex property in Kitchener and in the community in the N2H 4T6 postal code


Attention Developers, Builders and Investors! This property is being offered together with 118 Lancaster W. The two properties together add up to approximately half an acre of land with a depth of 285 feet which can provide you with an EXCELLENT DEVELOPMENT OPPORTUNITY. The R7 ZONING designation opens up numerous options, including the construction of townhouses, stacked townhomes and multi-residential buildings. EXCELLENT LOCATION near the GO/VIA Station, the LRT, Future Transit Hub and Expressway. Centrally located within a short distance to both Downtown Kitchener & Uptown Waterloo, close to parks, restaurants, schools, public transit, Universities, etc. This Legal Triplex offers two spacious units with two bedrooms in each which can provide good revenue until you're ready to redevelop. TAKE ADVANTAGE OF THIS OPPORTUNITY AND COME SEE IT TODAY!!.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2025-03 2025-03 $725,000 $725,000 New X11998693

Comparables

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sold Date Address List Price sold Price DOM
2024-12 114 Erb St W, $899,000 $850,000 83
2022-09 293 Blucher Blvd, $1,550,000 $1,340,000 36
2022-02 16 Highland Ave, $748,800 $815,000 9
2021-08 15 Campbell St E, $799,000 $670,000 86
2021-02 203 Elmwood Ave E, $999,900 $1,102,200 11

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Kitchener :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 120 Lancaster St W

Based on available 3rd party data

$2909

Approximate costs per month

Mortgage
$2458 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$316 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RED AND WHITE REALTY INC.
Data Source: TRREB

Payment calculator

$2774 monthly. In association with: TD Bank
%
  • Principal and Interest
    2458 /mo
  • Property Taxes
    $316 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Jim Millis, Realtor

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