Sold for:Sold Jun 4, 2025
$619,900

195 Lancaster Street E

Kitchener, ON N2H 1M9

Multiplex SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 195 Lancaster Street E, Kitchener

2025-04-24
2025-06-04
Sold
Price
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MLS#
x12101781

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 195 Lancaster Street E, Kitchener

Highly Unique and Stylish Side-by-Side Duplex in Prime Downtown Location! An incredible opportunity awaits with this fully renovated, side-by-side duplex - offering versatility, income potential, and unbeatable location. This property features two separate units: a spacious 4-bedroom, 2-bathroom unit and a modern 1-bedroom, 1-bathroom unit - ideal for multigenerational living, house hacking, or investment. Extensive interior, exterior, and mechanical renovations have been completed with care, giving this property a fresh, contemporary appeal while ensuring long-term durability. The double-width driveway and detached garage provide ample parking, a rare find in such a central location. Live in the beautifully updated 4-bedroom home and let the income from the 1-bedroom unit cover your downtown living costs. Or, for savvy investors, take advantage of the the excellent Cap Rat - a true gem in today's market. Situated in a vibrant and walkable neighbourhood, just steps from the bus route, LRT, tech hub, and all of downtowns amenities, this property offers unmatched convenience and lifestyle appeal. Whether you're looking to live mortgage-free, generate strong cash flow, or secure a turnkey investment in a high-demand area - this unique duplex checks all the boxes. Don't miss your chance to own a one-of-a-kind opportunity in the heart of it all, book your showing today!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,773
Land Transfer Tax Fee
$8,873

Rental Items

Rental Equipment
None

Basement Type
Unfinished

Interior Features

Interior Extras
Water Heater Owned, Accessory Apartment, Carpet Free
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Stone
Special Designation
Unknown

Lot

Lot Front
58.89 ft
Lot Depth
85.59 ft
Lot Shape
Irregular

Inclusions

Inclusions
All appliances. All window coverings, light fixtures, and bathroom mirrors

Exclusions

Exclusions
None

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
4
Total Garage And Parking Spaces
5

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
5
Washrooms
4
Kitchens
2

Washrooms

  • 4-piece, Upper
  • 2-piece, Main
  • 3-piece, Second

Municipality
Kitchener
Main cross streets
Frederick St & Lancaster St
Zoning
R-5
Directions
Frederick St/Lancaster

MLS® number
X12101781
Data source
Toronto Regional Real Estate Board
Status change
2025-06-04
Listed on
2025-04-24
Days on market
41 days
Possession type
Immediate
Co-op commission
2.0%
Seller
Listed by
RE/MAX TWIN CITY REALTY INC.

Home Market Value

Current home valuation for 195 Lancaster Street E, Kitchener, , . Listed for $619,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 195 Lancaster Street E, Kitchener

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Minimum Down Payment Required:6.0%

5% on first $500K + 10% on $119,900 over $500K

Minimum down payment

$36,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$23,308$17,295$14,754$0
=Total mortgage
$606,014$575,205$541,669$495,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,959monthly$2,808monthly$2,645monthly$2,421monthly
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Land Transfer Tax

Provincial

$8,873

Total Land Transfer Tax

$8,873

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