425 Lancaster Street
Kitchener, N2H 4V8
FOR SALE
$1,600,000

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Investment
CATEGORY14,585 Sq Ft
TOTAL AREAX12404109
MLSIDContact Us
Property Description
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.
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Property Details
Address
425 Lancaster Street
City
Postal Code
N2H 4V8
Property Type
Investment, Investment
Days On Market
17
Use
Apartment
Zoning
R2
Lot Size
56' x 250'
Total Area
14,585 Sq Ft
Taxes
$8,438 (2025
Heat Type
Gas Hot Water
Water
Municipal
Parking Spaces
6
Garage Type
None
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Listing contracted with Mysak Realty Inc.
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