Kitchener, ON N2H 4V8,425 Lancaster ST W
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$ 1,600,000
Est. payment | /mo

6 Baths

14,585 SqFt


Save
$ 1,600,000
Est. payment | /mo
Save

6 Baths

14,585 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

Listed by MYSAK REALTY INC.
Jeremy Van Caulart

"Helping clients build weath through strategic real estate aquisitions"

+1(437) 529-4649

jeremy@getadvantage.ca

118 Merchants Wharf Unit 302, Toronto, Ontario, M5A0L3, CAN

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