For Sale · MLS# X13128716
Active
$949,900
56 LILAC STREET
6Bedrooms 4Bathrooms 2,000Sq Ft

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About this home
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. 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:66036)
Property facts
- Property type
- Fourplex
- Building type
- Fourplex
- Living area
- 2,000 sqft
- Lot size
- 75.5 x 101.2 FT
- Lot frontage
- 75 ft ,6 in
- Lot depth
- 101 ft ,2 in
- Basement
- N/A (Finished), N/A Finished
- Heating
- Natural gas Forced air
- Cooling
- Window air conditioner
- Fireplace
- Yes
Listing courtesy of
CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
Listed by: LEE S. QUAILE
Phone: (519) 804-7200
The trademarks REALTOR®, REALTORS® and MLS® are controlled by The Canadian Real Estate Association (CREA). Listing data via CREA DDF®.