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$ 1,600,000
Est. payment /mo
New
425 Lancaster ST W Kitchener, ON N2H 4V8
6 Baths
14,585 SqFt
UPDATED:
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.
