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AJ Hazzi

[email protected] +1(250) 717-3133

$ 999,999

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151 LANCASTER Street E Kitchener, ON N2H1M9

5 Beds

3 Baths

1,730 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,730 sqft

Price per Sqft $578

Subdivision 212 - Downtown Kitchener/East Ward

MLS® Listing ID 40752871

Style 2 Level

Bedrooms 5

Half Baths 1

Property Sub-Type Freehold

Source Cornerstone - Waterloo Region

Property Description

An exceptional opportunity awaits in the heart of Central Frederick! Now falling under the City of Kitchener's Strategic Growth Area (SGA 2) zoning, this property is perfectly positioned for both immediate potential and long-term value. Designated as a Mid-Rise Growth Zone, SGA 2 zoning allows for buildings up to 8 storeys in height and supports a diverse mix of residential and commercial uses, making this an ideal site for investors, developers, and visionary end users alike. This property is already a legal duplex with separate hydro meters, offering immediate income-generating potential. Whether you're looking to live in one unit and rent out the other, or lease both for passive income, the options are flexible and financially rewarding. The progressive zoning removes minimum parking requirements, encourages intensification, and provides flexibility for substantial additions or full redevelopment. With a 10 storey multi-unit mixed-use building expected to be constructed next door, the opportunities here are truly endless. Whether you're looking to expand, repurpose, or build new, this property offers unmatched versatility in one of Kitchener's most dynamic and connected neighbourhoods. Or perhaps you and your family are searching for a move-in ready, turnkey home that's centrally located near everything you could possibly need: restaurants, parks, transit, schools, the expressway, Downtown Kitchener, and more. This property blends strong investment potential with everyday convenience, making it a rare find in today's market. Don't miss your chance to be part of the city's exciting growth vision. This is your opportunity to plant roots, grow your portfolio, or both. (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Second level 6'4'' x 6'3'' 3pc Bathroom

Extra Room 2 Second level 12'12'' x 9'9'' Bedroom

Extra Room 3 Second level 9'6'' x 8'0'' Bedroom

Extra Room 4 Second level 11'0'' x 9'7'' Bedroom

Extra Room 5 Second level 11'9'' x 10'8'' Primary Bedroom

Extra Room 6 Lower level 11'0'' x 8'2'' Utility room

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Parking Features Yes

Fence Fence

Community Features High Traffic Area

View Y/N No

Total Parking Spaces 8

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Architectural Style 2 Level

Others

Ownership Freehold

Listed by RE/MAX TWIN CITY REALTY INC.

AJ Hazzi

Broker | License ID: 1390206

+1(250) 717-3133

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Kelowna, BC, Canada

AJ Hazzi

151 LANCASTER Street E Kitchener, ON N2H1M9

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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151 LANCASTER Street E