416 Lancaster W Street, Kitchener, ON N2H 4V9

  • $4,445,000
416 Lancaster W Street, Kitchener, ON N2H 4V9
  • X12334256
  • MLS® Number
  • Investment, Commercial
  • Property Type
  • 18000
  • Sqft
Active For Sale
416 Lancaster W Street, Kitchener, ON N2H 4V9
416 Lancaster W Street, Kitchener, ON N2H 4V9
  • $4,445,000

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 applicable. Confidential rent roll and P&L available with executed attached CA.

Details

MLS® Number
X12334256
Property Size
18000 Sqft
Updated on August 11, 2025 at 3:56 pm

Additional details

  • Utilities: Yes
  • Cooling: No
  • County: Waterloo
  • Property Type: Commercial Sale

Address

  • Address 416 Lancaster W Street
  • City Kitchener
  • State/county ON
  • Zip/Postal Code N2H 4V9
  • Country CA

Contact Information

Firas AL-Rifay
  • Firas AL-Rifay
  • +1 (647) 242-6988 WhatsApp
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Firas AL-Rifay
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