87 Lancaster Street, Kitchener
Legal duplex plus extra unit in a prime area, desirable East Ward. Perfect for entry level investors or adding to existing portfolio. The buyer may choose to live there since one unit is available now. 3 x 1 bedroom units each unit self contained. Recent renovation done including flooring,painting updated kitchen. Close to expressway and shopping,transit. Currently unit 1 pays $ 1144/month, unit 2 $1144/month plus projected rent for another 1 bedroom is $1400/month. Developer, builder opportunity to buy next door(93 Lancaster) so it makes good development project (id:1945)
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Property details for 87 Lancaster Street, Kitchener
- Type
- Multi-family
- Living Area
- 1,800 square feet
- Stories
- 2
- Basement
- Finished, Full
- Heating
- Forced air
- Cooling
- None
- Exterior
- Brick Veneer
- Ownership
- Freehold
- Annual Taxes
- $3,133
Nearby Listings Stat
Estimated price and comparable properties near 87 Lancaster Street
Active Listings
345
Min Price
$1
Max Price
$7,995,000
Avg Price
$701,237
Days on Market
63
days
Sold Listings
142
Min Sold Price
$2,100
Max Sold Price
$6,000,000
Avg Sold Price
$670,635
Days until Sold
67
days
Neighbourhood Census Data
Kitchener, Ontario
Population
330
Median Age
37.8
Median Income
$30,208
Dwelling Value
$266,034
Housing Tenure
Owners 53%
Renters 41%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2
Pop. Density: 2,600.5/km²
Avg Shelter Cost: $1,181/mo
Owners with Mortgage: 73.7%
Owners Spending 30%+: 15.8%
Tenants Spending 30%+: 50%
English only: 92.4%
English and French: 7.6%
Median Household Income: $58,112
Median Employment Income: $31,616
Price History
Listed
October 15, 2026
by RE/MAX Twin City Realty Inc.
Current Price
$525,000
Type
Multi-family
For Sale
