Map location of 611 LANCASTER Street W, Kitchener, ON N2K1M5
$949,900
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611 LANCASTER Street W, Kitchener, ON N2K1M5

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7 Beds
5 Baths
3,492 Sq Ft

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. (id:55598)

Listing By: GREG DEWAR - DEWAR REALTY INC., BROKERAGE
Listing provided courtesy of Canadian Real Estate Association
  • MLS® 40579509
  • Date Listed05/16/2024
  • Days on Realty 60 Days
  • Bedrooms 7
  • Bathrooms 5 baths
  • Lot Size -
  • Sewer Public Sewer
  • Property Type Other
  • Year Built 1949
  • Water Public
  • Square Feet 3,492 sq. ft
  • Price Per Sq. Ft $272.05

Interior Features

  • Cooling None
  • Heating Forced Air, Natural Gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

Margaret Avenue Public School

Public • 6 - 8

2.48 km

Distance

Courtland Avenue Public School

Public • 6 - 8

4.67 km

Distance

MacGregor Public School

Public • 6 - 8

4 km

Distance

Stanley Park Public School

Public • 6 - 8

4.42 km

Distance

Sunnyside Public School

Public • 6 - 8

5.35 km

Distance

Queensmount Public School

Public • 6 - 8

6.15 km

Distance

Laurentian Public School

Public • 6 - 8

7 km

Distance

Centennial Public School

Public • 6 - 8

5.92 km

Distance

Westheights Public School

Public • 6 - 8

8.26 km

Distance

Bluevale Collegiate Institute

Public • 9 - 12

1.89 km

Distance

St. Louis Education Centre - Main Campus

Public • 9 - 12

3.57 km

Distance

Kitchener–Waterloo Collegiate and Vocational School

Public • 9 - 12

3.25 km

Distance

Cameron Heights Collegiate Institute

Public • 9 - 12

4.65 km

Distance

Waterloo Collegiate Institute

Public • 9 - 12

3.79 km

Distance

St. David Catholic Secondary School

Public • 9 - 12

3.79 km

Distance

Eastwood Collegiate Institute

Public • 9 - 12

5 km

Distance

Grand River Collegiate Institute

Public • 9 - 12

4.23 km

Distance

St. Mary's High School

Public • 9 - 12

6.94 km

Distance

Forest Heights Collegiate Institute

Public • 9 - 12

6.48 km

Distance

K-W Montessori

Private • JK - 6

0.37 km

Distance

St. Teresa Catholic Elementary School

Private • PK - 8

0.88 km

Distance

St. Louis Education Centre - St. Mary's Campus

Private • 9 - 12

2.22 km

Distance

École secondaire David Saint-Jacques

Private • 6 - 12

1.9 km

Distance

Maple Grove School

Private • k - 8

2.9 km

Distance

Rockway Mennonite Collegiate

Private • 9 - 12

3.11 km

Distance

Sunshine Montessori School

Private • JK - 8

3.76 km

Distance

St. Dominic Savio Catholic Elementary School

Private • PK - 8

4.57 km

Distance

Holy Rosary Catholic Elementary School

Private • PK - 8

4.01 km

Distance

Lutherwood

Private • PK - 12

4.54 km

Distance

Sales & Tax History

Source: Public Records

Walkability in ON / N2K1M5

Source: Walkscore

45/100

Car-Dependent

Walk Score ®

35/100

Some Transit

Transit Score ®

59/100

Bikable

Bike Score ®

Overview

Most errands require a car. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

4 nearby routes: 4 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 53/100, Transit Score: 43/100, Bike Score: 61/100.

Points of interest near 611 LANCASTER Street W, Kitchener, ON N2K1M5

104 m

Distance

195 m

Distance

295 m

Distance

46 m

Distance

377 m

Distance

104 m

Distance

249 m

Distance

213 m

Distance

215 m

Distance

238 m

Distance

310 m

Distance

104 m

Distance

218 m

Distance

76 m

Distance

109 m

Distance

162 m

Distance

219 m

Distance

247 m

Distance

264 m

Distance

Frequently Asked Questions for 611 LANCASTER Street W

Source: Realty.com

611 LANCASTER Street W, Kitchener, ON N2K1M5 is a Other, Residential Income property listed for $949,900 The property is 3492 sq. ft with 7 bedrooms and 5 bathrooms

Realty.com has 19 photos of 611 LANCASTER Street W.

Our records indicate that 611 LANCASTER Street W was built in 1949.

The full address for this home is 611 LANCASTER Street W, Kitchener, ON N2K1M5.

611 LANCASTER Street W has been listed on Realty.com since Thu May 16, 2024

Most errands require a car. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 53/100, Transit Score: 43/100, Bike Score: 61/100.

Listing provided courtesy of: DEWAR REALTY INC., BROKERAGE (tel: (519) 208-9700)
Listing agent: GREG DEWAR (tel: (519) 208-9700)

This content last refreshed on 2024-07-15 13:09:52. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 611 LANCASTER Street W, Kitchener, ON N2K1M5 : MLS® 40579509

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