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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Kitchener
  • 114 - Uptown Waterloo/North Ward
  • 416 Lancaster Street W
416-lancaster-street-w-kitchener-ontario-40758467
416-lancaster-street-w-kitchener-ontario-40758467
416-lancaster-street-w-kitchener-ontario-40758467
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  • Sold Sold in Oct 2025
  • Multi Family

416 Lancaster Street W

Kitchener, 114 - Uptown Waterloo/North Ward
  • 0 Bedrooms
  • 0 Bathrooms
  • 3 Garage
  • Share
Sold Price: $ 4,200,000
5.51%
Listed Price: $ 4,445,000
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Key Facts About 416 Lancaster Street W, Kitchener

  • Tax $45,051 / 2024
  • Property Type Residential Income
  • Building Type Multi Family
  • Size 18000 feet²
  • Parking 3 garage, 10 parking
  • Basement Full, Partially Finished
  • Listing # 40758467
  • Data Source ITSO
  • Days on Market 73
  • Listed On 07/08/2025
  • Updated On 22/02/2026
  • Market Demand
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Description

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 appl

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Property Details of 416 Lancaster Street W, Kitchener

Property

  • Property Type Multi Family
  • Community 114 - Uptown Waterloo/North Ward
  • Municipality Kitchener

Inside

  • Basement Full, Partially Finished
  • Fireplace Y
  • Appliances Water Softener, Hot Water Tank Owned
  • Appliances Included Hot Water Tank Owned,All Existing Fridges, Stoves, Light Fix...View More
  • Appliances Excluded All Tenant-Owned Appliances, Window Coverings, And Personal ...View More

Utilities

  • Water Municipal
  • Cooling None
  • Heating Type Baseboard, Electric, Fireplace(s), Natural Gas

Building

  • Size 18000 feet²
  • Roof Flat
  • Construction Brick

Parking

  • Drive Way Outside/Surface/Open
  • Garage Type Attached Garage
  • Garage 3
  • Parking Places 10
  • Total Parking Places 13

Land

  • Frontage 122.00
  • Zoning R2
  • Acreage < 0.5

Features

  • Built-In Appliances Y
  • Separate Heating Controls Y
  • Separate Hydro Meters Y

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,000

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0

Monthly Expenses After Home Purchase

$569

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
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Data is provided courtesy of ITSO © 2021 ITSO ( https://www.itsosystems.ca ) The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information deemed reliable but not guaranteed.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 416 Lancaster Street W, Kitchener

It is a 0 bedroom, Multi Family property located at 114 - Uptown Waterloo/North Ward. Baseboard, Electric, Fireplace(s), Natural Gas heating systems are used in heating/cooling systems for 416 Lancaster Street W, Kitchener. This property which is located in Lancaster Street does not have a pool. This property located in 1 - Waterloo East have a fire place. This Residential Income property in Kitchener also has Built-In Appliances, Separate Heating Controls, Separate Hydro Meters.

FAQs About 416 Lancaster Street W, Kitchener

How many bathrooms does this property have?

Information about bathroom is not available.

Does this 0 bedroom property have additional bedrooms or a den?

This Multi Family property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Multi Family property?

The total square footage of this Multi Family 0 bed property in Kitchener is 18000.

How many parking spaces are available with this property?

416 Lancaster Street W boasts 10 convenient parking spaces.

How many cars can be parked in the garage of 416 Lancaster Street W?

This property features a garage with space for 3 cars.

What type of garage does this property have?

This property includes an Attached Garage garage with space for 3 cars.

Does this property have a basement?

Yes, this property has a basement.

What type of basement is it?

This property features Full, Partially Finished basement.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

A fireplace is available in this property.

How many kitchens does this property have?

The number of kitchens in this property is not specified.

Is there a maintenance fee associated with this property?

Information about the maintenance fee is not available.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Baseboard, Electric, Fireplace(s), Natural Gas.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 416 Lancaster Street W, Kitchener

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Listing History

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