56 LILAC Street, Kitchener, Ontario
$949,900
- 7 Beds
- 4 Baths
- 3,850 Square Feet
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. 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 Kitchener’s most desirable areas. (id:23309)
- Listing ID: 40764614
- Property Type: Multi-family
- Year Built: 1950
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Listing provided by Chestnut Park Realty Southwestern Ontario Limited
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 56 LILAC Street in Kitchener Ontario. It was last modified on August 29th, 2025. Contact Robert Bumelis to schedule a viewing or to discover other Kitchener real estate for sale.