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425 Lancaster Street W Kitchener, Ontario N2H 4V8

6 Bathroom 14585 sqft
None Hot Water Radiator Heat

$1,600,000

Renovated legal 6-plex ( 4 x 1 Bdrm, 2x 2 Bdrm) with phenomenal curb appeal. The Deep 250 lot provides ample future expansion potential as the current building is only occupying roughly 30% of the lot. There is a lane at the back for easy access to excess land. Entire building renovated with new kitchens, baths, flooring, plumbing & electrical except unit 2, over 250k spent in upgrades to Kitchens, Baths, Flooring, plumbing & Electrical in 5 units, separately metered for hydro, sub metered for water. Tenants pay Hydro & Water (except unit 2). Renovated units prewired for AC/Heat Pump and Elec BB heat. 400 amp svc, plumbing 100% replaced in renovated units. The building right next door at 419 is also listed for sale and can be sold together or separate. 1 unit presently vacant. (id:61852)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X12404109
Property Type Multi-family
Neigbourhood Fairfield
AmenitiesNearBy Highway, Public Transit
ParkingSpaceTotal 6

Building

BathroomTotal 6
Appliances Water Heater
CoolingType None
HeatingFuel Natural Gas
HeatingType Hot Water Radiator Heat
SizeInterior 14585 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Highway, Public Transit
SizeDepth 250 Ft
SizeFrontage 56 Ft
SizeIrregular 56 X 250 Ft
SizeTotalText 56 X 250 Ft
ZoningDescription R2

https://www.realtor.ca/real-estate/28864004/425-lancaster-street-w-kitchener

Interested?

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Ashley Lapier
Broker


Mysak Realty Inc.
2358-A Bloor Street West
Toronto, Ontario M6S 1P3

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