56 Lilac Street, Kitchener, ON N2G 3A8
56 Lilac Street, Kitchener, ON N2G 3A8
56 Lilac Street, Kitchener, ON N2G 3A8
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$949,900
Est. payment /mo
6 Beds
4 Baths
2,100 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-4 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 2,100 sqft

Price per Sqft $452

MLS Listing ID 40830330

Bedrooms 6

Abv Grd Liv Area 3,899

Year Built 1950

Annual Tax Amount $4,544

Property Sub-Type Multi-4 Unit

Source Cornerstone

Property Description

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.

Location

Province ON

County Waterloo

Area 3 - Kitchener West

Zoning R2B

Direction Ottawa St S to Lilac St

Rooms

Other Rooms Shed(s)

Basement Separate Entrance, Full, Finished

Kitchen 0

Interior

Interior Features None

Heating Baseboard, Fireplace(s), Forced Air

Cooling None

Fireplace Yes

Appliance Dryer, Refrigerator, Stove, Washer

Laundry Coin Operated, Shared

Exterior

Roof Type Asphalt Shing

Lot Frontage 75.46

Lot Depth 101.23

Garage No

Building

Lot Description Place of Worship, Public Transit, Rec./Community Centre, Schools, Subways, Trails

Faces Ottawa St S to Lilac St

Story 2

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Brick,Vinyl Siding

New Construction No

Others

Senior Community false

Tax ID 225790091

Ownership Freehold/None


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Listed by Chestnut Park Realty Southwestern Ontario Limited
Nearby School & Business

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Mike McCarthy
Mike McCarthy

Realtor | License ID: 4794661

+1(289) 919-5442 | mike@mikemccarthyrealty.com

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