
Fourplex For Sale
$949,900
MLS® Number: 40830330
Bedrooms
6
Bathrooms
4
Floor Area
3,899
Year Built
1950
Fourplex For Sale
$949,900
Bedrooms
6
Bathrooms
4
Floor Area
3,899
Year Built
1950
56 LILAC Street, Kitchener, Ontario
About This Property
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.
Property Details
Interior Details
Basement
Finished, Full
Bathrooms Total
4
Bedrooms Total
6
Cooling
None
Heating
Baseboard heaters, Forced air
Living Area
3899 sqft
Building & Exterior
Exterior Features
Brick, Vinyl siding
Number Of Units Total
5
Parking Features
Carport
Stories
2.0
Year Built
1950
Land & Location
Community Features
Community Centre
Frontage Length
75.0 feet
Lot Features
Laundry- Coin operated
Postal Code
N2G3A8
Subdivision Name
311 - Downtown/Rockway/S. Ward
Listing & Financials
Listing Office
Chestnut Park Realty Southwestern Ontario Limited
Originating System Name
Cornerstone Association of REALTORS®
Other Specifications
Common Interest
Freehold
Country
Canada
Parking Total
7
Listed By
Chestnut Park Realty Southwestern Ontario Limited
Mortgage Calculator
Estimated Monthly Payment
$4,667
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$4,667
Principal and interest only. Actual rates may vary.