56 Lilac St

For Sale 52 Days
$949,900
6 beds
4 baths

56 Lilac St

For Sale 52 Days
$949,900
6 beds
4 baths

Highlights

Key insights

Description

Nestled on a quiet, tree-lined street near Courtland and Ottawa, this well-kept four-plex offers both stability and potential in Kitcheners 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. The basement unit is currently vacant, giving the new owner the opportunity to set market rent and maximize income potential right away. 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 Kitcheners most desirable areas. (id:63267)

LEE S. QUAILE of CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD,
#X12371102
updated 5 days ago.
Houseful checked MLS® for data 5 days ago.

Home overview

Amenities / Utilities
  • Cooling
    Window air conditioner
  • Heat source
    Natural gas
  • Heat type
    Forced air
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    2
  • # parking spaces
    7
  • Has garage (y/n)
    Yes
Interior
  • # full baths
    4
  • # total bathrooms
    4.0
  • # of above grade bedrooms
    6
  • Has fireplace (y/n)
    Yes
Location
  • Community features
    Community centre
Overview
  • Lot size (acres)
    0.0
  • Listing #
    X12371102
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28792720/56-lilac-street-waterloo
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-2,533

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25 Years fixed, 20% down payment, % interest
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