425 Lancaster ST W new

Kitchener,ON N2H 4V8

$ 1600000

0 Bed

6 Baths

14585 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 14,585 sqft

Price per Sqft $109

MLS Listing ID X12404109

Annual Tax Amount $8,438

Tax Year 2025

Property Sub-Type Investment

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.

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Kitchen 6

Interior

Heating Yes

Cooling No

Exterior

Community Features Major Highway,Public Transit

Utilities Available Yes

Lot Frontage 56.0

Lot Depth 250.0

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