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$4,445,000
20 Days On Site
416 Lancaster Street WKitchener, ON N2H 4V9
For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
18,000
SqFt
$247
/SqFt
County:
Waterloo
Call Now: 647-909-3337
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647-909-3337
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Monthly Payment (Est.)
$20,280Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.
Exceptional 21-unit multi-residential investment property in Kitchener with a current NOI of $243,341, reflecting a strong 5.48% cap rate on asking price. Suite mix: 1 bachelor, 12 one-bedroom, and 8 two-bedroom apartments, many with updated kitchens and baths. Gas fireplaces in each unit serve as a primary heat source, supplemented by electric baseboard heating. Tenants enjoy on-site parking and proximity to major transportation routes, retail, and amenities. Professional management in place. HST is in addition to the purchase price where applicable. Confidential rent roll and P&L available with executed attached CA.
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Listing Snapshot
Price
$4,445,000
Days On Site
20 Days
Bedrooms
N/A
Inside Area (SqFt)
18,000 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
N/A
MLS® Number
X12334256
Status
Active
Property Tax
$45,052
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 23 hours ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Listing first seen on site |
General Features
Cross Street
Lancaster St W
SqFt Total
18000
Water Source
Public
Zoning
R2
Interior Features
Heating
Baseboard
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Listing courtesy of REAL BROKER ONTARIO LTD.
Listing information is provided by Participants of the Toronto Real Estate Board. VOW information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Toronto Real Estate Board
Last checked 2025-08-29 08:26 PM UTC
Listing information is provided by Participants of the Toronto Real Estate Board. VOW information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Toronto Real Estate Board
Last checked 2025-08-29 08:26 PM UTC
Neighborhood & Commute
Source: Walkscore
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