195 LANCASTER Street E

Multi-family For Sale in Kitchener, Ontario

$599,900
  • 5 Beds
  • 4 Baths
  • 1,706 Sq. Ft.
Highly Unique and Stylish Side-by-Side Duplex in Prime Downtown Location! An incredible opportunity awaits with this fully renovated, side-by-side duplex—offering versatility, income potential, and unbeatable location. This property features two separate units: a spacious 4-bedroom, 2-bathroom unit and a modern 1-bedroom, 1-bathroom unit—ideal for multigenerational living, house hacking, or investment. Extensive interior, exterior, and mechanical renovations have been completed with care, giving this property a fresh, contemporary appeal while ensuring long-term durability. The double-width driveway and detached garage provide ample parking, a rare find in such a central location. Live in the beautifully updated 4-bedroom home and let the income from the 1-bedroom unit cover your downtown living costs. Or, for savvy investors, take advantage of the the excellent Cap Rate—a true gem in today’s market. Situated in a vibrant and walkable neighbourhood, just steps from the bus route, LRT, tech hub, and all of downtown’s amenities, this property offers unmatched convenience and lifestyle appeal. Whether you're looking to live mortgage-free, generate strong cash flow, or secure a turnkey investment in a high-demand area—this unique duplex checks all the boxes. Don’t miss your chance to own a one-of-a-kind opportunity in the heart of it all, book your showing today! (id:4069)
Address
195 LANCASTER Street E
List Price
$599,900
Property Type
Multi-family
Type of Dwelling
Duplex
Area
Ontario
Sub-Area
Kitchener
Bedrooms
5
Bathrooms
4
Floor Area
1,706 Sq. Ft.
MLS® Number
40719125
Listing Brokerage
RE/MAX Twin City Realty Inc.
Basement Area
Full (Partially finished)
Postal Code
N2H1M9
Zoning
R5
Site Influences
Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Features
Paved driveway, Sump Pump

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