Get $1,313 Cash Back
87 LANCASTER Street W, Kitchener — listed at $525,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Desirable East Ward property in a prime location. Perfect for first time buyer to live in one and rent another unit. It is a Legal duplex with extra in-law set up too. As well entry level for investors or adding to existing portfolio. Mail level 2x1 bedroom units. Once unit with access to backyard. Upper lever another nice one bedroom with spacious deck and patio. Main level unit recently renovated and vacant. All unit self contained. Could be used back as single detached residential. Most value here goes to larger lot. Developer, builder opportunity to build multiple units here. With next door for sale (93 Lancaster) it makes a great development project (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Main level | — |
| 3pc Bathroom | Main level | — |
| Bedroom | Main level | 8'0'' x 10'0'' |
| 3pc Bathroom | Main level | — |
| Living room | Main level | 8'0'' x 12'0'' |
| Kitchen | Main level | 8'0'' x 8'4'' |
| Bedroom | Main level | 10'0'' x 12'0'' |
| Kitchen | Main level | 7'5'' x 7'0'' |
| Bedroom | Main level | 8'0'' x 10'7'' |
| Family room | Main level | 20'6'' x 18'0'' |
How is the home heated? Is it efficient?+
Heating is forced air. Ask for past utility bills to understand real heating costs.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,133, heating is forced air. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
Yes — Unfinished, Full. A finished basement adds meaningful living space beyond the listed square footage.
Is this a good starter home?+
At $525,000, this is priced in starter-home territory for Kitchener. With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
What's the parking situation?+
This property includes 6 spaces.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
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