$999,999 | Downtown Kitchener/East Ward Kitchener House for Sale at 151 Lancaster Street E Kitchener
Explore 151 Lancaster Street E, a Desirable Downtown Kitchener/East Ward home for sale for $999,999! This Downtown Kitchener/East Ward 2 Level House for sale in Kitchener has been listed on Real-Estate.ca for 102 days under MLS® #40752871. This home is a 1,730 square foot 2 Level Single Family House with 5 bedrooms and 3.00 bathrooms. Parking is Detached Garage and it has a Full (Partially finished) basement. Explore the Kitchener real estate market and available Downtown Kitchener/East Ward homes for sale!
An exceptional opportunity awaits in the heart of Central Frederick! Now falling under the City of Kitchener’s Strategic Growth Area (SGA 2) zoning, this property is perfectly positioned for both immediate potential and long-term value. Designated as a Mid-Rise Growth Zone, SGA 2 zoning allows for buildings up to 8 storeys in height and supports a diverse mix of residential and commercial uses, making this an ideal site for investors, developers, and visionary end users alike. This property is already a legal duplex with separate hydro meters, offering immediate income-generating potential. Whether you're looking to live in one unit and rent out the other, or lease both for passive income, the options are flexible and financially rewarding. The progressive zoning removes minimum parking requirements, encourages intensification, and provides flexibility for substantial additions or full redevelopment. With a 10 storey multi-unit mixed-use building expected to be constructed next door, the opportunities here are truly endless. Whether you’re looking to expand, repurpose, or build new, this property offers unmatched versatility in one of Kitchener’s most dynamic and connected neighbourhoods. Or perhaps you and your family are searching for a move-in ready, turnkey home that’s centrally located near everything you could possibly need: restaurants, parks, transit, schools, the expressway, Downtown Kitchener, and more. This property blends strong investment potential with everyday convenience, making it a rare find in today’s market. Don’t miss your chance to be part of the city’s exciting growth vision. This is your opportunity to plant roots, grow your portfolio, or both. (id:6289)
Financial and Mortgage
| List Price | $999,999 |
|---|---|
| Original Price | $999,999 |
| Monthly Payment |
$4,170/month Get Prequalified |
| Days on Website | 102 |
| Price per square foot | $578 |
151 Lancaster Street E Details
Show LessConstruction and Lot
| Square Footage | 1,730 |
|---|---|
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Half Baths | 1 |
| Parking Spaces | 8 |
| Parking | Detached Garage |
| # of Garages | 1 |
| Has Basement | Yes |
| Foundation | Poured Concrete |
| Cooling | Central air conditioning |
| Heating | Natural gas Forced air |
| Exterior | Brick, Stucco, Vinyl siding |
| # of Stories | 2 |
| Features | Sump Pump |
Exterior of 151 Lancaster Street E
| Type | Single Family |
|---|---|
| Style | 2 Level |
| Sub-Type | Freehold |
| Amenities | Airport, Hospital, Public Transit, Schools |
| Features | Sump Pump |
Interior
| Appliances | Dishwasher, Dryer, Refrigerator, Stove, Water meter, Water softener, Washer, Microwave Built-in |
|---|---|
| Fireplace | No |
Measurements
| Square Footage | 1,730 |
|---|
Downtown Kitchener/East Ward Information
About Downtown Kitchener/East Ward in Kitchener
| Address | 151 Lancaster Street E |
|---|---|
| Subdivision | Downtown Kitchener/East Ward |
| City | Kitchener |
| Province | Ontario |
| Postal Code | N2H1M9 |
| Amenities | Airport, Hospital, Public Transit, Schools |
| Features | Sump Pump |
| Office/Brokerage | RE/MAX TWIN CITY REALTY INC. |
About Condo Complex
| Amenities | High Traffic Area |
|---|---|
| Community Features | High Traffic Area |
Downtown Kitchener/East Ward Map, Demographics, Characteristics