For Sale

425 Lancaster Street, Kitchener, Ontario N2H 4V8

$1,600,000

425 Lancaster Street, Kitchener, Ontario N2H 4V8 is For Sale and has a listing price of 1,600,000. The property is located in the Kitchener . It's been on the website for 1 Day.

  • Investment
    Property Type
  • 6
    Bathrooms
  • MLS ID: X12404109
  • Office Name MYSAK REALTY INC.
Property Description

Renovated legal 6-plex ( 4 x 1 Bdrm, 2x 2 Bdrm) with phenomenal curb appeal. The Deep 250 lot provides ample future expansion potential as the current building is only occupying roughly 30% of the lot. There is a lane at the back for easy access to excess land. Entire building renovated with new kitchens, baths, flooring, plumbing & electrical except unit 2, over 250k spent in upgrades to Kitchens, Baths, Flooring, plumbing & Electrical in 5 units, separately metered for hydro, sub metered for water. Tenants pay Hydro & Water (except unit 2). Renovated units prewired for AC/Heat Pump and Elec BB heat. 400 amp svc, plumbing 100% replaced in renovated units. The building right next door at 419 is also listed for sale and can be sold together or separate. 1 unit presently vacant.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12404109
  • Price: $1,600,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 250
  • Ref ID: X12404109
  • Dir / Cross St: Wellington St North
  • Status: Active
  • Tax Year: 2025
  • Property Type: Investment
Price History
List Date MLS ID List Price Status End Date Closed Price
09/15/2025 X12404109 $1,600,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Kitchener
  • $970,149 Average List Price
    based on 1 year
  • 195 New Listings
    based on 30 days
  • 45 Median Days on Market
    based on 1 year
  • List vs. Selling Price 146.89 % Up
  • Sold (12mo) 1,233
  • Rented (12mo) 514

  • 1 Month Change -18.2%
  • 3 Month Change -17.6%
  • 6 Month Change -25.1%
Walkscore
Additional Details
  • Heat Type Gas Hot Water
  • Washroom Type1: 6
  • Heating System Y
  • Garage Type Y
  • Parking Spaces: 6
  • Kitchen 6
  • Taxes: $8,438
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBA
  • Listing Entry Date: 15/09/2025 16:22:34
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