87 Lancaster Street
Kitchener, ON N2H 4T3
About This Property
Legal duplex plus extra unit in a prime area, desirable East Ward. Perfect for entry level investors or adding to existing portfolio. The buyer may choose to live there since one unit is available now. 3 x 1 bedroom units each unit self contained. Recent renovation done including flooring,painting updated kitchen. Close to expressway and shopping,transit. Currently unit 1 pays 1144/month, unit 2 1144/month plus projected rent for another 1 bedroom is 1400/month. Developer, builder opportunity to buy next door(93 Lancaster) so it makes good development project
Property Details
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13600662
Listed by ROYAL LEPAGE WOLLE REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$2,686
/month · $440,000 mortgage
Amortization
Total Interest
$365,717
Total Cost
$805,717
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ROYAL LEPAGE WOLLE REALTY