195 Lancaster Street E Pending

Kitchener,ON N2H 1M9

$ 619900

5 Beds

4 Baths

1706 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex Side/Side

Listing Status Pending

Purchase Type For Sale

Square Footage 1,706 sqft

Price per Sqft $363

MLS Listing ID 40719125

Bedrooms 5

Abv Grd Liv Area 1,706

Annual Tax Amount $4,773

Property Sub-Type Duplex Side/Side

Source Waterloo Region

Property Description

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!

Location

Province ON

County Waterloo

Area 2 - Kitchener East

Zoning R5

Direction Frederick Street / Lancaster

Rooms

Basement Full,Partially Finished,Sump Pump

Kitchen 0

Interior

Interior Features Accessory Apartment,Separate Heating Controls,Separate Hydro Meters

Heating Baseboard,Electric,Forced Air,Natural Gas

Cooling Central Air

Fireplace No

Appliance Hot Water Tank Owned,Dishwasher,Dryer,Refrigerator,Stove,Washer

Laundry In-Suite

Exterior

Parking Features Detached Garage,Asphalt

Garage Spaces 1.0

Roof Type Asphalt Shing

Lot Frontage 58.98

Garage Yes

Building

Lot Description Irregular Lot,City Lot,Highway Access,Hospital,Library,Open Spaces,Park,Place of Worship,Playground Nearby,Public Transit,Rec./Community Centre,Schools,Shopping Nearby

Faces Frederick Street / Lancaster

Story 2

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Structure Type Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 225120034

Ownership Freehold/None

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