Primary photo of 56 LILAC STREET, Kitchener
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Fourplex For Sale

$949,900

MLS® Number: X13128716

Bedrooms

6

Bathrooms

4

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

Appliances

Washer, Refrigerator, Stove, Dryer, Water Heater

Basement

Finished, Separate entrance, N/A, N/A

Bathrooms Total

4

Bedrooms Total

6

Cooling

Window air conditioner

Fireplace

True

Fireplaces Total

1

Heating

Forced air, Natural gas

Building & Exterior

Building Features

Fireplace(s)

Exterior Features

Brick Facing

Foundation Details

Poured Concrete

Parking Features

Carport, No Garage

Stories

2.0

Land & Location

Community Features

Community Centre

Frontage Length

75.6 feet

Lot Size Dimensions

75.5 x 101.2 FT

Postal Code

N2G3A8

Listing & Financials

Listing Office

CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

Originating System Name

Toronto Regional Real Estate Board

Other Specifications

Country

Canada

Parking Total

7

Mortgage Calculator

20% ($189,980)
5.5%
25 Years

Estimated Monthly Payment

$4,667

Principal and interest only. Actual rates may vary.

Location & Map

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