$4,445,000
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416 Lancaster Street W, Kitchener on N2H 4V9, Kitchener, ON N2H 4V9

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0 Beds
0 Baths
18,000 Sq Ft

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.

Listing By: Jeff Margolis - Real Broker Ontario Ltd. cnitso Realty.com
  • MLS® 40758467
  • Date Listed08/07/2025
  • Days on Realty 303 Days
  • Bedrooms 0
  • Bathrooms
  • Lot Size -
  • County Waterloo
  • Square Feet 18,000 sq. ft
  • Price Per Sq. Ft $246.94

Interior Features

  • Appliances Water Softener, Hot Water Tank Owned
  • Cooling None
  • Heating Baseboard, Electric, Fireplace(s), Natural Gas

Exterior / Lot Features

  • Roof Flat
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Pie Shaped Lot, Highway Access, Hospital, Park, Schools

Directions

Off highway 7, Lancaster Street W & Union St

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N2H 4V9

Discover key demographics, population statistics, and environmental insights for the Kitchener, ON area.

Walkability in ON / N2H 4V9

Source: Walk Score

59/100

Somewhat Walkable

Walk Score ®

38/100

Some Transit

Transit Score ®

62/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

6 nearby routes: 6 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 54/100, Transit Score: 44/100, Bike Score: 59/100.

Points of Interest near 416 Lancaster Street W, Kitchener ON N2H 4V9, Kitchener, ON N2H 4V9

Frequently Asked Questions for 416 Lancaster Street W, Kitchener ON N2H 4V9

Source: Realty.com

416 Lancaster Street W, Kitchener ON N2H 4V9, Kitchener, ON N2H 4V9 in Kitchener, ON N2H 4V9 is a multi family listed at $4,445,000. Highlights include 18,000 sq. ft., $247 per sq. ft.. Realty.ca has 6 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 6 photos of 416 Lancaster Street W, Kitchener ON N2H 4V9.

The full address for this home is 416 Lancaster Street W, Kitchener ON N2H 4V9, Kitchener, ON N2H 4V9.

416 Lancaster Street W, Kitchener ON N2H 4V9 has been listed on Realty.com since Thu August 07, 2025

Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 54/100, Transit Score: 44/100, Bike Score: 59/100.

Listing provided courtesy of: Real Broker Ontario Ltd. - itso - 1839883 (tel: 888-311-1172)
Listing agent: Jeff Margolis (tel: 416-670-5998)

This content last refreshed on 2026-06-06 05:38:26. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.