55 Lancaster St W
Kitchener, N2H 4T1
FOR SALE
$529,000
Terminated
$0
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3
BEDROOMS2
BATHROOMS1 + 1
KITCHENS8 + 3
ROOMSX5386873
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-09-29 | 2021-10-15 | 16 | $529,000 | - | Terminated |
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Property Description
Could This Be The Best Value Home In Kitchener Right Now? Bring Your Ideas And Elbow Grease, But This Just Off The Downtown Detached Home Could Be Either Your Entry Into The Housing Market, Or A Canny Buy For Your Investment Portfolio. It's Going To Need Work, But All Of That Translates To Proportional Value Out. Close, But Not Too Close To The Downtown, And With Easy Access To The Highway.
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The Area Is Definitely Being Gentrified, Take A Walk In The Neighbourhood To See What This House Can Become....
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VACANT LEGAL DUPLEX WITH DETACHED GARAGE W LOFT - with separate hydro meters and private entrances! The upper unit features 3bedrooms and a 4-piece bathroom, while the basement unit offers 1 bedroom and a 4-piece bathroom. Both units boast spacious kitchens and in-unit laundry for added convenience. Numerous updates include a new roof (2017), complete lower apartment renovation with new electrical, insulation, and flooring (2019), attic re-insulation, rebuilt main laundry/mudroom, and staircase to the lower unit. The property also passed the final inspection for a duplex permit from the City of Kitchener in 2021. A great investment opportunity or multi-generational living solution!
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