56 LILAC Street, Kitchener, ON N2G3A8
56 LILAC Street, Kitchener, ON N2G3A8
56 LILAC Street, Kitchener, ON N2G3A8
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$949,900
Est. payment /mo
6 Beds
4 Baths
3,899 SqFt
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Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3899

Square Footage 3,899 sqft

Price per Sqft $243

Subdivision 311 - Downtown/Rockway/S. Ward

MLS® Listing ID 40830330

Bedrooms 6

Year Built 1950

Property Sub-Type Freehold

Property Description

Nestled on a quiet, tree-lined street near Courtland and Ottawa, this well-kept four-plex offers both stability and potential in Kitchener's thriving rental market. The property includes two spacious 2-bedroom/1-bath units and two comfortable 1-bedroom/1-bath units within a peaceful, non-smoking building. Current tenants are respectful working professionals, creating an ideal environment for mature renters seeking calm and comfort. Conveniently located just a one-minute walk to the Mill Street LRT station, and with bus routes close at hand, the property provides excellent connectivity to Uptown Waterloo, Downtown Kitchener, and surrounding areas. Tenants also benefit from two separate driveways with parking for seven vehicles, on-site coin-operated laundry, and a large shared yard with plenty of green space. With its prime location, strong tenant base, generous parking, and immediate upside potential, this property is a rare turnkey investment opportunity in one of Kitchener's most desirable areas. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters, Forced air

Cooling None

Exterior

Parking Features Yes

Community Features Community Centre

View Y/N No

Attached Garage No

Total Parking Spaces 7

Garage Yes

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold


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Listed by Chestnut Park Realty Southwestern Ontario Limited

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Paul Shantz
Paul Shantz

Agent | License ID: 6008661

+1(519) 829-8656

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56 LILAC Street