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$950,000
Available - For Sale
Listing ID: X12211587
140 Lancaster Stre East , Kitchener, N2H 1N1, Waterloo


Opportunity knocks in Central Frederick! Now designated under the Strategic Growth Area zoning framework, this property benefits from one of the city's most progressive and flexible mixed-use designations. This forward-thinking zoning permits a broad range of commercial and residential uses, removes minimum parking requirements, and allows for substantial additions or the potential of full redevelopment. While the home includes four heritage-recognized architectural features, it is not a designated Heritage property, offering exciting potential pending municipal approvals. Imagine Lush perennial gardens and a white picket fence surrounding your dream property, echoing the timeless charm of the Italianate architecture, complete with a large covered veranda, stately pillars, intricate wooden brackets, and a gleaming steel roof (2013) that will last for decades. This fairy tale property is one of the most beautiful areas in all of Kitchener. This house has all the less charming work done. With all knob and tube disconnect, a newer panel, a top-of-the-line boiler system in 2021, and spray foam insulation means youll be cool in summer, cozy in winter, and worry-free year-round. The property has begun the restoration with cedar plank soffits, and much of the exterior wood detailing lovingly stripped and finished with Benjamin Moore's highest-quality oil primer and lifetime paint. And now, the fun part is yours. You have not one, but two driveways to play with, you divide the home into a semi-detached again, or dream up something even more creative with the commercial zoning! Maybe you'll open up walls and reimagine the interior into a sleek, modern masterpiece.
Price $950,000
Taxes: $5486.00
Assessment Year: 2025
Occupancy: Vacant
Address: 140 Lancaster Stre East , Kitchener, N2H 1N1, Waterloo
Acreage: < .50
Directions/Cross Streets: Fredrick & Lancaster
Rooms: 6
Bedrooms: 1
Bedrooms +: 0
Family Room: T
Basement: Full, Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Foyer 7.48 10.66
Room 2 Main Bathroom 4.85 6.76 4 Pc Bath
Room 3 Main Living Ro 14.83 14.2
Room 4 Main Den 6.36 13.32
Room 5 Main Dining Ro 14.99 18.3
Room 6 Main Kitchen 10.07 13.05
Room 7 Main Family Ro 15.28 21.39
Room 8 Main Bedroom 11.87 10.3
Room 9 Main Laundry 11.87 8.53
Room 10 Main Other 12.69 15.06
Washroom Type No. of Pieces Level
Washroom Type 1 4
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 100+
Property Type: Detached
Style: 2 1/2 Storey
Exterior: Brick
Garage Type: Attached
(Parking/)Drive: Private
Drive Parking Spaces: 5
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 3500-5000
Property Features: Arts Centre, Fenced Yard
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Water
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX Solid Gold Realty (II) Ltd
Personal Picture
Farnaz Masoumi
Broker
Dir:
647-923-4343
Bus:
905-695-7888
Fax:
905-695-0900
 
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At a Glance:
Type: Freehold - Detached
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
Style: 2 1/2 Storey
Lot Size: x 131.00(Feet)
Approximate Age: 100+
Tax: $5,486
Maintenance Fee: $0
Beds: 1
Baths: 1
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
Locatin Map:
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