77 LANCASTER St W, Kitchener, Ontario, N2H4T3, Kitchener, ON

$1,650,000
Est. Mortgage /mo

MLS® 40518358

$1,650,000
Est. Mortgage /mo
Agent photor
Dan Marusin
Renanza Realty
226-777-6769
Go See This Home Now
7 Beds
7 Baths
2 Stories
lot 0 sqft
4963 sqft
1991 built
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Schools
Crime
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Property details

Welcome to 77 Lancaster St. W., a remarkable 7-plex in the heart of Kitchener that seamlessly blends modern living with investment potential. This well-maintained property boasts a prime location, offering easy access to schools, parks, shopping, and major transportation routes. Featuring a mix of five one-bedroom units and two studio apartments. Notably, five of the seven units have undergone extensive renovations and are currently vacant, presenting an immediate income opportunity for discerning investors. The turnkey nature of the property, coupled with ample on-site parking and outdoor spaces such as balconies and patios, ensures a hassle-free living experience for residents and an attractive proposition for those seeking a sound real estate investment. Mark your calendar for the open house at 77 Lancaster St. W., where you can witness firsthand the charm and potential this property has to offer. Whether you're looking long term tenants or short term Airbnb opportunity this property is a sound investment, definitely a must-see. Contact us today to schedule your private viewing and explore the possibilities that await. (id:26763)

Location Details
Area Canada
State Ontario
City Kitchener
Postal Code N2H4T3
Sub-Area/Community 114 - Uptown Waterloo/North Ward
Property Metrics
Total Bedrooms 7
Full Baths 7
Stories 2
Floor Area Total (Sq.ft) 4963
Financial Details
List Price 1,650,000

Neighborhood Info

Public Schools
Secondary
École secondaire catholique Père-René-de-Galinée
Above Average
9.19 km
No Rating
Details
Elementary
Margaret Avenue Public School
Above Average
0.53 km
No Rating
Details
Elementary
Prueter Public School
Above Average
0.95 km
Rating 3.5/10
Details
Secondary
Kitchener Waterloo Collegiate and Vocational School
Above Average
2.12 km
No Rating
Details
Elementary
St Teresa Catholic Elementary School
Above Average
0.82 km
Rating 8/10
Details

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools
Secondary
Discipleship Christian Secondary School
Above Average
5.57 km
No Rating
Details
Secondary
Discipleship Christian Secondary School
Above Average
5.57 km
No Rating
Details
Closest Transit
Kitchener
Wellington / Major
0.07 km

77 LANCASTER Street W, Kitchener, Ontario, N2H4T3 is serviced by Margaret Avenue Public School. The property with listing MLS® 40518358 is located 0.53 km from the school. Margaret Avenue Public School has a rating of No Rating.

This home with address 77 LANCASTER Street W, Kitchener, Ontario, N2H4T3, Kitchener, ON is also serviced by École secondaire catholique Père-René-de-Galinée and located 9.19 km from it. École secondaire catholique Père-René-de-Galinée has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 77 LANCASTER Street W, Kitchener, Ontario, N2H4T3 is Discipleship Christian Secondary School with School's rating No Rating, located 5.57 km from this home.

The closest to this address 77 LANCASTER Street W, Kitchener, Ontario, N2H4T3 Secondary independent school is Discipleship Christian Secondary School with School's rating No Rating, located 5.57 km km from this home

The freshest crime data from Statistics Canada are from 2020. There were 33,133 volation disturbances in this neighbourhood. The overall crime rate near the address - 77 LANCASTER Street W, Kitchener, Ontario, N2H4T3, Kitchener, ON is 5,474.43. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Above Average rate in 2020. Year by year change in the total crime rate is -0.8%

Drug crime rate next to the listing for sale MLS® 40518358 is Average comparing to other neighbourhoods. The illegal substances offences rating is 102.11. This is the amount of drug crime incidents per 100,000 population. There were 618 illegal substances lawbreaking disturbances in this city in 2020. Year by year change in the illegal substances offences ranking is 12.6%

Property crimes in the neighbourhood close to real estate listing for sale 77 LANCASTER Street W, Kitchener, Ontario, N2H4T3 are High. Property misconduct rating adjacent to MLS® 40518358 is 3,228.02. There were 19,537 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -1.1%

There were 8,128 violent lawbreaking disorders in 2020. 1,342.96 and it is Above Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 2.5%

The closest Bus station is Wellington / Major in 0.07 km away from this listing with - MLS® 40518358.

26.9% of people with university certificate/degree live in this neighbourhood adjacent to the 77 LANCASTER Street W, Kitchener, Ontario, N2H4T3 which is Above Average in comparison with other BC neighbourhoods. 18.2% of population in this neighbourhood that is near the Listing MLS® 40518358 have no certificate or degree. This number is Average compared to the average in BC.

Median Household Income near this dwelling with the address 77 LANCASTER Street W, Kitchener, Ontario, N2H4T3, Kitchener, ON is $57728 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® 40518358 is $32437 which is Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 70.4% which is High.

Unemployment rate in the area around MLS® Listing # 40518358 is 7.2 which is Average in comparison to the other province neighbourhoods.

This real estate is located in 77 LANCASTER Street W, Kitchener, Ontario, N2H4T3 114 - Uptown Waterloo/North Ward where population change between 2011 and 2016 was 0.7%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 77 LANCASTER Street W, Kitchener, Ontario, N2H4T3, Kitchener, ON is 2966.3 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 77 LANCASTER Street W, Kitchener, Ontario, N2H4T3 is 2.7. This is Below Average number in comparison to the whole region. Percent of families with children near by the MLS® - MLS® 40518358 is 54.2% and it is Below Average. % of Married or living common law is around 49.9% and it is Below Average.

Average age of the population close to the 77 LANCASTER Street W, Kitchener, Ontario, N2H4T3 is 38.8 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 77 LANCASTER Street W, Kitchener, Ontario, N2H4T3, Kitchener, ON is $313702 and this is Average comparing to other areas in British Columbia

Average Owner payments are Average in the area adjacent to 77 LANCASTER Street W, Kitchener, Ontario, N2H4T3. $1211 owners spent in average for the dwelling. Tenants are paying $974 in this district close to MLS® 40518358 and it is Average comparing to other cities.

51.1% of Population in this district near the 77 LANCASTER Street W, Kitchener, Ontario, N2H4T3 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 77 LANCASTER Street W, Kitchener, Ontario, N2H4T3, Kitchener, ON is 8.8%, it is Average, % of English speakers only is 89.8% and Average. % of Neither English nor French speakers close to home for sale 77 LANCASTER Street W, Kitchener, Ontario, N2H4T3, Kitchener, ON is 1.2% and it is Average comparing to other BC cities.

7.1% of all population in the area around this property with the address 77 LANCASTER Street W, Kitchener, Ontario, N2H4T3, Kitchener, ON using Public Transport which is Below Average, 80.6% of using population are using Cars around MLS® 40518358, which is Below Average. 1.9% of people using Bicycles around the 77 LANCASTER Street W, Kitchener, Ontario, N2H4T3 and it is Above Average. 9.7% of population are walking which is Above Average

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/month
Principal & Interest
Property Taxes $202
Maintenance fee 0

Listing Price Comparision

This house $1,400,000
Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Agent photor
Dan Marusin
Renanza Realty
226-777-6769
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