77 Lancaster St W

Kitchener | | N2H 4T3
  • 7
  • 7
  • 0

$1,650,000

Est. Mtg $5,594 /mo
  • Days on market

    124

  • Status

    New

Listing Broker DAVENPORT REALTY
Since listed: 0 views

Home details

MLS #:

X8412652

Property type:
Multiplex
Style:
2-Storey
Taxes:
$6,569
Possession:
Flexible
Lot Front:
53.57   Feet
Lot Depth:
160.0   Feet
Basement:
Full | Unfinished
Driveway Pkg:
3
Heat:
Gas | Forced Air

Description


77 Lancaster St W, , Kitchener, Ontario is a Multiplex property in Kitchener and in the community in the N2H 4T3 postal code


Welcome to 77 Lancaster St. W., an exceptional 7-plex nestled in the heart of Kitchener. This well-maintained property perfectly combines modern living with outstanding investment potential. Situated in a prime location, it offers easy access to schools, parks, shopping centers, and major transportation routes, making it highly desirable for both tenants and investors alike. The property features a versatile mix of five one-bedroom units and two studio apartments, catering to a wide range of rental needs. Notably, five of the seven units have been extensively renovated and are at market rent, providing a unique opportunity for immediate rental income. The property's turnkey nature, coupled with ample on-site parking and inviting outdoor spaces such as balconies and patios, ensures a comfortable living experience for residents and a hassle-free investment for owners. Whether youre seeking long-term tenants or exploring the potential for short-term Airbnb rentals, 77 Lancaster St. W. is a sound and flexible investment opportunity. Dont miss out on this must-see property. Schedule your private viewing today and discover the endless possibilities that await you..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2021-05 2021-10 $1,300,000 $1,300,000 Exp X5237325
2023-11 2024-06 $1,650,000 $1,650,000 Exp X7331616
2024-05 2024-08 $1,525 $1,600 Lsd X8368780
2024-06 2024-08 $1,650,000 $1,650,000 New X8412652
2021-10 $1,300,000 $1,300,000 X5237210
2024-08 $1,650,000 $1,650,000 X8412156

Comparables

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sold Date Address List Price sold Price DOM
2024-08 121 Station St, $899,900 $900,000 98
2024-03 269 Main St, $879,900 $871,000 22
2023-11 603 Queen St, $349,000 $335,000 1
2023-06 68 Hiawatha St, $630,000 $600,000 6
2022-12 75 Station Rd, $420,000 $390,000 138
2022-06 46 East Ave, $650,000 $650,000 3
2022-04 43 Albert St W, $1,089,000 $858,000 32
2022-03 941 Duke St, $999,900 $1,400,000 1
2021-11 20 Bechtel St, $1,050,000 $1,105,000 7
2021-07 167 Brant Ave, $1,425,000 $1,417,000 88
2021-04 264 King St, $419,900 $490,818 39
2020-11 5459 Ontario Ave, $998,000 $969,000 57
2020-08 27-33 Crowland Ave, $849,000 $802,000 48
2020-04 1196 Hickory Rd, $409,000 $290,000 127
2020-01 10 Applewood Dr, $458,000 $458,000 54

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 77 Lancaster St W

Based on available 3rd party data

$6277

Approximate costs per month

Mortgage
$5594 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$547 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker DAVENPORT REALTY
Data Source: TRREB

Payment calculator

$6142 monthly. In association with: TD Bank
%
  • Principal and Interest
    5594 /mo
  • Property Taxes
    $547 /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

Hamid Shahsavar, Realtor

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