151 Lancaster Street E, Kitchener

Bedrooms: 5
Bathrooms: 3
Living area: 1730 square feet
Type: Residential
Added: 1 month ago
Updated: 2 weeks ago
Last Checked: 8 hours ago
Listed by: RE/MAX TWIN CITY REALTY INC.
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Listing description
This House at 151 Lancaster Street E Kitchener, ON with the MLS Number 40752871 which includes 5 beds, 3 baths and approximately 1730 sq.ft. of living area listed on the Kitchener market by Abdul Basharmal - RE/MAX TWIN CITY REALTY INC. at $999,999 1 month ago.

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:1945)

Property Details Key information about 151 Lancaster Street E

Cooling: Central air conditioning
Heating:
- Forced air
- Natural gas
Structure Type: House
Exterior Features:
- Brick
- Stucco
- Vinyl siding
Architectural Style: 2 Level

Interior Features Discover the interior design and amenities

Basement:
- Partially finished
- Full
Appliances:
- Washer
- Refrigerator
- Water meter
- Water softener
- Dishwasher
- Stove
- Dryer
- Microwave Built-in

Exterior & Lot Features Learn about the exterior and lot specifics of 151 Lancaster Street E

Water Source: Municipal water
Parking Features: Detached Garage

Utilities & Systems Review utilities and system installations

Sewer: Municipal sewage system

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Nearby Listings Stat Estimated price and comparable properties near 151 Lancaster Street E

Active listings

Min Price

$779,000

Max Price

$2,490,000

Avg Price

$1,369,643

Days on Market

32 days

Sold listings

Min Sold Price

$899,900

Max Sold Price

$1,190,000

Avg Sold Price

$1,007,655

Days until Sold

188 days

Nearby Places Nearby schools and amenities around 151 Lancaster Street E

Cameron Heights Collegiate Institute (0.9 km)
301 Charles St E, Kitchener

Centre In The Square (0.3 km)
101 Queen St N, Kitchener

THEMUSEUM (0.7 km)
10 King St W, Kitchener

Mei King Restaurant (0.7 km)
82 Margaret Ave, Kitchener

Verses (0.8 km)
182 Victoria St N, Kitchener

Ye's Sushi (0.8 km)
103 King St W, Kitchener

Kitchener City Hall (0.9 km)
200 King St W, Kitchener

Kitchener Memorial Auditorium Complex (1.3 km)
400 East Ave, Kitchener

Joseph Schneider Haus (1.3 km)
466 Queen St S, Kitchener

Price History

Listed

July 18, 2025

by RE/MAX TWIN CITY REALTY INC.

Residential For Sale

$999,999

151 Lancaster Street E, Kitchener

Listing description This House at 151 Lancaster Street E Kitchener, ON with the MLS Number 40752871 which includes 5 beds, 3 baths and approximately 1730 sq.ft. of living area listed on the Kitchener market by Abdul Basharmal - RE/MAX TWIN CITY REALTY INC. at $999,999 1 month ago.

Nearby Listings Stat Estimated price and comparable properties near 151 Lancaster Street E

Nearby Places Nearby schools and amenities around 151 Lancaster Street E

Price History

Similar Homes For Sale

Listing description
This House at 151 Lancaster Street E Kitchener, ON with the MLS Number 40752871 which includes 5 beds, 3 baths and approximately 1730 sq.ft. of living area listed on the Kitchener market by Abdul Basharmal - RE/MAX TWIN CITY REALTY INC. at $999,999 1 month ago.