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Royal LePage
Royal LePage
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$550,000

87 LANCASTER Street W, Kitchener, Ontario, N2H 4T3

MLS® # 40849359

Kitchener ON, N2H 4T3

MLS® # 40849359

Property Information:

Legal duplex plus extra unit in a prime area, desirable East Ward. Perfect for entry level investors or adding to existing portfolio. The buyer may choose to live there since one unit is available now. 3 x 1 bedroom units each unit self contained. Recent renovation done including flooring,painting updated kitchen. Close to expressway and shopping,transit. Currently unit 1 pays 1144/month, unit 2 1144/month plus projected rent for another 1 bedroom is 1400/month. Developer, builder opportunity to buy next door(93 Lancaster) so it makes good development project (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish:
  • Floor Space: 1600 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 3
  • Bathrooms: 3
  • Access Type: Highway access
  • Amenities Nearby: Public Transit
  • Floor Space (approx): 1600 Square Feet
  • Lot Depth: 140 Feet
  • Lot Frontage: 53 Feet
  • Zoning: SGA-1
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 6

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 87 LANCASTER Street W, Kitchener, Ontario, N2H 4T3

Demographic Information of 87 LANCASTER Street W, Kitchener, Ontario, N2H 4T3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$152,891.06

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.08 %

High school certificate or equivalent

25.1 %

Apprenticeship trade certificate/diploma

7.07 %

College/non-university certificate

20.3 %

University certificate (below bachelor)

2.82 %

University Degree

31.63 %

Commuter

Travel To Work

By Car

83.1 %

By Public Transit

4.07 %

By Walking

3.21 %

By Bicycle

0.78 %

By Other Methods

8.84 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

51.18 %

Houses

48.82 %

Own Vs. Rent

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