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$ 725,000
Est. payment | /mo
6 Beds
3 Baths
$ 725,000
Est. payment | /mo
6 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
MLS Listing ID X11998693
Style 2 1/2 Storey
Bedrooms 6
Annual Tax Amount $3,793
Tax Year 2024
Property Sub-Type Triplex
Property Description
Attention Developers, Builders and Investors! This property is being offered together with 118 Lancaster W. The two properties together add up to approximately half an acre of land with a depth of 285 feet which can provide you with an EXCELLENT DEVELOPMENT OPPORTUNITY. The R7 ZONING designation opens up numerous options, including the construction of townhouses, stacked townhomes and multi-residential buildings. EXCELLENT LOCATION near the GO/VIA Station, the LRT, Future Transit Hub and Expressway. Centrally located within a short distance to both Downtown Kitchener & Uptown Waterloo, close to parks, restaurants, schools, public transit, Universities, etc. This Legal Triplex offers two spacious units with two bedrooms in each which can provide good revenue until you're ready to redevelop. TAKE ADVANTAGE OF THIS OPPORTUNITY AND COME SEE IT TODAY!!
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room No
Basement Finished, Full
Kitchen 3
Interior
Interior Features Water Heater Owned
Cooling None
Fireplaces Type Natural Gas
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 50.0
Lot Depth 264.0
Total Parking Spaces 4
Building
Foundation Stone
Listed by RED AND WHITE REALTY INC.