77 Lancaster Street W, Kitchener, ON, N2H 4T3 - investment for sale | Listing ID X8412156

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

$1,650,000

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77 Lancaster Street W, Kitchener, ON - Outdoor

77 Lancaster Street W, Kitchener, ON - Indoor

77 Lancaster Street W, Kitchener, ON - Indoor Photo Showing Kitchen

77 Lancaster Street W, Kitchener, ON - Indoor Photo Showing Living Room

77 Lancaster Street W, Kitchener, ON - Indoor Photo Showing Bedroom

77 Lancaster Street W, Kitchener, ON - Indoor Photo Showing Bathroom

77 Lancaster Street W, Kitchener, ON - Other

77 Lancaster Street W, Kitchener, ON - Indoor Photo Showing Other Room

77 Lancaster Street W, Kitchener, ON - Indoor Photo Showing Kitchen With Double Sink

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Get a home insurance quote online for this $1,650,000 property in Kitchener

Provided by TD Insurance

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77 LANCASTER STREET W, Kitchener, Ontario, N2H 4T3

$1,650,000

Property Information:

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 your 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. (id:27)

Building Features:

Style: Fourplex
Building Type: Multi-Family
Heating Type: Baseboard heaters
Appliances: Dryer, Refrigerator, Stove, Washer

Property Features:

Property Type: Multi-family
Features: Irregular lot size
Irregular: Yes
Lot Depth: 160.6 Feet
Lot Frontage: 53.5 Feet
Lot Size: Bldg=53.57 x 160.64 FT ; 130.60 ft x 19.53 ft x 34.91 ft x 55.49
Zoning: R-6
No. of Parking Spaces: 8

Courtesy of: RE/MAX ICON REALTY

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

Location of 77 LANCASTER STREET W, Kitchener, Ontario, N2H 4T3

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

51/100

Moderate

ClimateCheck®

Current data

This property, 77 LANCASTER STREET W , experiences 7 hot days per year at around 30.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past

30.7℃

2050

34.3℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 77 LANCASTER STREET W , experiences 11 significant 2-day storms per year, with about 318.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 394.9mm of precipitation per year.

Precipitation Per Storm

Past

318.2mm

2050

394.9mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 77 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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Property Information:

Building Features:

Property Features:

Sales/Price History

Location of 77 LANCASTER STREET W, Kitchener, Ontario, N2H 4T3

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 77 LANCASTER STREET W, Kitchener, Ontario, N2H 4T3

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

77 LANCASTER STREET W, Kitchener, Ontario, N2H 4T3

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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