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

$550,000

MLS® # 40849359

Investment For Sale In Mt. Hope Huron Park, Kitchener, Ontario

$550,000

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

Courtesy of: Royal LePage Wolle Realty

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Additional Photos

  • Exterior featuring a second-story wooden deck, a ground-level covered porch with white pillars, and a brick facade -
  • Rear exterior featuring a second-story wood deck, ground-level patio, and a staircase -
  • Residential neighborhood featuring a mix of housing styles, abundant mature trees, and visible street infrastructure -
  • Aerial perspective showcasing a sprawling urban landscape with a dynamic mix of residential and commercial structures -
  • Aerial perspective showcasing a residential neighborhood with a distant cityscape horizon -
  • Brick exterior featuring a covered porch with a wood deck and railing -
  • Bright hallway with wood-finish flooring, featuring a decorative ceiling fixture, a paneled bi-fold door, and crisp white walls -
  • Hallway featuring wood-finish flooring, white walls, and a brass orb chandelier -
  • Room featuring wood-finish flooring, white painted walls, and a ceiling-mounted light fixture -
  • Spacious room featuring wood-finish flooring, two large windows with white trim, and a flush-mount ceiling light -
  • Kitchen area featuring wood-finish flooring, white cabinetry, and a window above the sink -
  • Kitchen area featuring white cabinetry, a white refrigerator, and a white electric range -
  • Kitchen featuring white cabinetry, light-toned countertops, and a full suite of white appliances -
  • Bathroom featuring a corner shower enclosure, single vanity with integrated sink, wall-mounted medicine cabinet, and a window -
  • Kitchen featuring an electric range, white cabinetry, a stainless steel sink, a window, and wood-finish flooring -
  • Lawn area bordered by mature trees and wood fencing -