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. (id:4555)
PROPERTY SPECS
Price $949,900
City Waterloo, Ontario
Bed / Bath 6 / 4 Full
Address 56 Lilac Street
Listing ID X12753290
Style Fourplex
Fireplace 1.00
Parking 7.00
Type Multi-Family
Status For Sale
EXTENDED FEATURES
Community FeaturesCommunity CentreOwnershipFreeholdBasementFinished, Separate entrance, N/AHeating / CoolingForced air, Natural gasSewerSanitary sewerParking7.00