233 LANCASTER Street East, Kitchener, Ontario N2H1N5

Listing courtesy of Keller Williams Innovation Realty.

$550,000
5
BD
3
BA
1,818
SqFt

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List Price
$550,000
Price Change
▼ $50,000 1783534588
MLS®
40839600
Days on Market
46
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
5
Bathrooms
3
Living Area
1,818
Subdivision
212 - Downtown Kitchener/East Ward

Property Description

Wow! An incredible opportunity to own a versatile triplex in the heart of Kitchener, with over 1,800 sqft of thoughtfully designed living space across 3 self-contained units, ideal for investors or multi-generational living at an attainable price point. Step inside and experience a property that balances functionality with character. The main level hosts 2 ground-floor units, perfect for ease of access: a bright 2-bedroom suite featuring updated luxury vinyl plank flooring and eye-catching exposed brick accents in the bedroom/kitchen, alongside a well-appointed 1-bedroom unit with warm hardwood floors, a spacious dual closet, and a private rear entry off the parking area. Upstairs, the 3rd unit offers a light-filled 2-bed layout with open-concept kitchen/living/dining space, updated flooring, and charming sloped ceilings adding architectural interest, complemented by views of mature trees. Each unit is finished in neutral tones and includes its own 4-pc bathroom, creating comfortable, independent living spaces. The partially finished basement adds more flexibility, complete with a 3-pc bath and expansive storage—offering endless potential for additional use or future value. Outside, a newly fenced yard and parking for 4+ vehicles enhance both convenience and appeal. Set in the historic Central Frederick neighbourhood, this location delivers the best of urban living with a strong sense of community. Enjoy being just minutes from downtown Kitchener, with easy access to local favourites like Centre In The Square, the vibrant Kitchener Market, and the Kitchener Memorial Auditorium. Everyday essentials, parks, and transit are all within reach, while nearby schools—including St. Anne’s, Suddaby Public School, and Cameron Heights Collegiate Institute—add to the area’s practicality. This is a neighbourhood known for its character, walkability, and connectivity—making it a compelling choice for tenants and homeowners alike, and a smart addition to any real estate portfolio. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
212 - Downtown Kitchener/East Ward
Parking Spaces
4
Cooling
None
Country
Canada
Sewer
Municipal sewage system
Community Features
Community Centre
Heating
Forced air, Natural gas
Total Number Of Units
3
Stories
2

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Term of Loan
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Calculator source: Real Geeks