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Alex Stepanoski

buysellwithalex@gmail.com +1(647) 896-6442

Listed by Kevin Reitzel • Keller Williams Innovation Realty

$ 550,000

Est. payment -/mo

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Price Dropped by $50K

233 Lancaster Street E Kitchener, ON N2H 1N5

5 Beds

3 Baths

1,818 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 1,818 sqft

Price per Sqft $302

MLS Listing ID 40839600

Bedrooms 5

Abv Grd Liv Area 1,818

Year Built 1880

Annual Tax Amount $5,230

Property Sub-Type Multi-3 Unit

Source Cornerstone

Property Description

Wow! An incredible opportunity to own a versatile triplex in the heart of Kitchener, with over 1,800 sqft of thoughtfully designed living space across 3 self-contained units, ideal for investors or multi-generational living at an attainable price point. Step inside and experience a property that balances functionality with character. The main level hosts 2 ground-floor units, perfect for ease of access: a bright 2-bedroom suite featuring updated luxury vinyl plank flooring and eye-catching exposed brick accents in the bedroom/kitchen, alongside a well-appointed 1-bedroom unit with warm hardwood floors, a spacious dual closet, and a private rear entry off the parking area. Upstairs, the 3rd unit offers a light-filled 2-bed layout with open-concept kitchen/living/dining space, updated flooring, and charming sloped ceilings adding architectural interest, complemented by views of mature trees. Each unit is finished in neutral tones and includes its own 4-pc bathroom, creating comfortable, independent living spaces. The partially finished basement adds more flexibility, complete with a 3-pc bath and expansive storage—offering endless potential for additional use or future value. Outside, a newly fenced yard and parking for 4+ vehicles enhance both convenience and appeal. Set in the historic Central Frederick neighbourhood, this location delivers the best of urban living with a strong sense of community. Enjoy being just minutes from downtown Kitchener, with easy access to local favourites like Centre In The Square, the vibrant Kitchener Market, and the Kitchener Memorial Auditorium. Everyday essentials, parks, and transit are all within reach, while nearby schools—including St. Anne's, Suddaby Public School, and Cameron Heights Collegiate Institute—add to the area's practicality. This is a neighbourhood known for its character, walkability, and connectivity—making it a compelling choice for tenants and homeowners alike, and a smart addition to any real estate portfolio.

Location

Province ON

County Waterloo

Area 2 - Kitchener East

Zoning SGA-2

Rooms

Basement Full, Partially Finished

Kitchen 0

Interior

Interior Features Other

Heating Forced Air, Natural Gas

Cooling None

Fireplace No

Laundry Common Area

Exterior

Roof Type Asphalt Shing

Lot Frontage 46.98

Garage No

Building

Lot Description Irregular Lot, City Lot, Park, Playground Nearby, Public Transit, Rec./Community Centre, Schools, Shopping Nearby

Story 3

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Brick,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 225120211

Ownership Freehold/None

Virtual Tour https://unbranded.youriguide.com/233_lancaster_steet_east_kitchener_on/

LOCATION

Alex Stepanoski

Real Estate Agent

+1(647) 896-6442

Alex Stepanoski

233 Lancaster Street E Kitchener, ON N2H 1N5

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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233 Lancaster Street E