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611 Lancaster Street W, Kitchener MLS Number: 40579509
Kitchener, Waterloo, ON, N2K 1M5- Brochure
- Favourite
$949,900
Status: For Sale
- 7+ Beds
- 5 Baths
- Area : 3491.63 sqft
- Property Type: Residential Income (Multi-5 Unit)
- Property Taxes : $4666.41 (Tax Year:2023)
- Listing Courtesy : Dewar Realty Inc., Brokerage
611 Lancaster Street W Property Description
Stable Income & Growth Potential in Kitchener.This 5-plex in a desirable Kitchener area offers a compelling opportunity for investors seeking a stable income stream with excellent growth potential. The property boasts a healthy 4.5% cap rate and enjoys easy access to highways 85 and 7, allowing tenants convenient commutes around the region and to Guelph. Nearby amenities, parks, schools, and shopping centres further enhance the property's appeal.Adding to its attractiveness, the property backs onto peaceful Creekside land feeding the Grand River, providing a tranquil escape for tenants, helping to boost occupancy and rental potential. The unit mix itself offers two spacious 2-bedroom units, and three functional 1-bedroom units perfect for singles or couples. This 5-plex boasts a well-connected location, a serene setting, and a diversified unit mix, creating a strong foundation for a successful investment. Learn more about the property's income potential and schedule your tour.
611 Lancaster Street W Property Facts
| Property Type | :Residential Income |
| MLS Number | :40579509 |
| Listing Type | :Sale |
| Property Age | :51-99 Years years |
| Possession Date | : |
| Last Updated | :11 Jul, 2024 (71 Days ago) |
| Source | :Waterloo Region |
| Area | :Waterloo |
| City | :Kitchener |
| Area Major | :1 - Waterloo East |
| Area Minor | :114 - Uptown Waterloo/North Ward |
| Postal Code | : N2K 1M5 |
| Directions | :Bridge Street to Lancaster Street West |
611 Lancaster Street W Property Price & Tax Insights
| Price | : $949,900 |
| Property Taxes | :$4666.41 |
| Tax Year | :2023 |
Property Details for 611 Lancaster Street W, Waterloo, ON
| Bedrooms | :7 + |
| Heating | :Forced Air |
| Place of Worship | :No |
| Cross Street | :Lancaster/Bridge |
| Bathrooms | :5 |
| Approx Square Footage | :3491.63 sqft |
| Bedroom | :3.66 m x 3.58 m |
| Kitchen | :3.91 m x 2.77 m |
| Bonus Room | :6.83 m x 3.48 m |
| Bedroom Primary | :4.62 m x 2.97 m |
| Bedroom | :3.43 m x 3.05 m |
Exterior Information
| Parking Space | :5 |
| Basement | :Full |
| Garage | :0 |
| Park | :Park |
| Library | :Library |
611 Lancaster Street W, Waterloo - Price History
11 Jul, 2024
TREB #40579509
Price Change
$949900
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611 Lancaster Street W - Location Map and Landmarks
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FAQs: 611 Lancaster Street W, Waterloo
-
Q:What is the Area Size of the 611 Lancaster Street W In Sq.Ft and it's MLS No.?
A: The project covers an area of approximately 3491.63 sq. ft and is strategically located in Waterloo. The MLS No of this project is 40579509 and the Project is located in ON, Canada -
Q: Does this Project 611 Lancaster Street W available for Sale ?
A: The project 611 Lancaster Street W is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further. -
Q: How far is this property from my workplace?
A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property. -
Q:What are the Key Features 611 Lancaster Street W is Offering?
A:Square Yards is giving a Cashback of $4,750 if you buy this property from us, however there are several key features offered by the 611 Lancaster Street W. You get 7+ Beds with 5 Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony. -
Q:How many Parking Space available in this 611 Lancaster Street W?
A: 611 Lancaster Street W in Waterloo offers a total of 5 parking spaces for residents. -
Q:How many Beds & Baths available in 611 Lancaster Street W, Waterloo?
A: 611 Lancaster Street W, Waterloo comes with 7+ Beds for maximum convenience and space. There are 5 baths available as well for when you have guests over or if you have a large family! -
Q:How many Apartments and Condos are available for Sale in Waterloo, On?
A:Waterloo, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
