Brokered by: Chestnut Park Realty Southwestern Ontario Limited
MLS®: 40764614 (Freehold)
Price: $949,900.00
Address: 56 LILAC Street, Kitchener FOR SALE Subdivision: 311 - Downtown/Rockway/S. Ward Postal Code: N2G3A8 Style: Type: Multi-family Fourplex Bedrooms: 7 Bathrooms: 4 Parking: Carport Garage: Carport Lot Size: 75 ft x 101 ft Stories: 2
About 56 Lilac Street
Nestled on a quiet, tree-lined street near Courtland and Ottawa, this well-kept four-plex offers both stability and potential in Kitchener’s thriving rental market. The property includes two spacious 2-bedroom/1-bath units and two comfortable 1-bedroom/1-bath units within a peaceful, non-smoking building. Current tenants are respectful working professionals, creating an ideal environment for mature renters seeking calm and comfort. The basement unit is currently vacant, giving the new owner the opportunity to set market rent and maximize income potential right away. Conveniently located just a one-minute walk to the Mill Street LRT station, and with bus routes close at hand, the property provides excellent connectivity to Uptown Waterloo, Downtown Kitchener, and surrounding areas. Tenants also benefit from two separate driveways with parking for seven vehicles, on-site coin-operated laundry, and a large shared yard with plenty of green space. With its prime location, strong tenant base, generous parking, and immediate upside potential, this property is a rare turnkey investment opportunity in one of Kitchener’s most desirable areas. (id:56071). Get more information on 56 Lilac Street
Property Features
Features: Laundry- Coin operated Rental Equipment: Water Heater Directions: Ottawa St S to Lilac St Zoning Description: R2B Interior Size: 3850 sqft Community Features: Community Centre Lot: under 1/2 acre Exterior Finish: Brick, Vinyl siding Water: Municipal water, Municipal sewage system Heating / Cooling: / None Age: 1950 Constructed Date: 1950 Basement: Full (Finished) Finished
Rooms & Sizes
Found a property your're looking for? Schedule a showing with our team. We're here to answer your questions and help you get a closer look.
John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
Brokered by: ROYAL LEPAGE CROWN REALTY SERVICES, BROKERAGE
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
Terms Of Use
This website is operated by RE/MAX Centre City John DiRenzo Team Brokerage, a brokerage who is a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, RE/MAX Centre City John DiRenzo Team Brokerage, and CREA.
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.
Trademarks:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA. The data provided is for informational purposes only and should not be relied upon without verification.
NEW LISTING
FOR SALE
FOR SALE
FOR SALE
FOR SALE