
Unit 504, 2 Lancaster Street E
Kitchener, ON N2H 6S3
Queens HeightsSee every listing here- 2Bedrooms
- 2Bathrooms
- 1Parking
- 1800–1999Sq Ft
- $4,613Tax
- $910/moCondo Fee
- Estimated Value:$752,000See Free Estimate Report

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About Unit 504, 2 Lancaster Street E, Kitchener
Summarized Description
- Expansive corner suite with over 1,800 sq. ft.
- Panoramic city views from wrap-around balcony.
- Oversized primary suite with spa-sized ensuite.
- Glassed-in den ideal for home office.
- Boutique-style building with quiet atmosphere.
- Steps from downtown attractions and amenities.
- In-suite laundry and oversized parking space.
- Exceptional management and low turnover.
Strong value and rarity! Welcome to 2 Lancaster Street East, Suite 504 - an expansive corner suite in the boutique-style Queens Heights condominium, offering one of the largest listed two-bedroom layouts in Waterloo Region. With over 1,800 sq. ft. of living space, this residence combines strong value, rarity, and sophistication in an unbeatable downtown location. Floor-to-ceiling windows flood the unit with natural light, while a wrap-around balcony offers panoramic city views and an ideal setting for morning coffee or evening sunsets. The oversized primary suite features a walk-in closet and spa-sized ensuite, complemented by a spacious second bedroom and glassed-in den that's perfect for a home office or reading nook. Every detail has been designed for comfort and convenience, including in-suite laundry, an oversized parking space, and an adjoining powered storage locker (17.5' x 8.5' x 8'9"). The building itself is a boutique gem - known for its quiet atmosphere, exceptional management, accessibility and low turnover. Residents enjoy access to guest suites, a fitness centre, party room, soft water car wash, and a rooftop terrace with BBQs. Steps from Centre in the Square, the Kitchener Public Library, and the Downtown Farmers Market, this property offers the perfect balance of space, privacy, and urban living. If you're seeking a rare corner unit in a low-supply, highly regarded building, this is a truly exceptional opportunity.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,613
- Land Transfer Tax Fee
- $9,973
Condo/Maintenance Fee
- Maintenance Fee
- $910 /month
Included In Maintenance Fee
- Building Insurance Included
- Water Included
- Parking Included
- Common Elements Included
Rental Items
- Rental Equipment
- None
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- In-Suite Laundry
- Interior Extras
- Water Heater Owned
- View
- Downtown
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Open
- Exterior Extras
- Controlled Entry, Landscaped
Building Amenities
- Elevator
- Exercise Room
- Game Room
- Guest Suites
- Party Room/Meeting Room
- Rooftop Deck/Garden
Building
- Building Type
- Condo Apartment
- Building Style
- 1 Storey/Apt
- Condo Corp Number
- 202
Construction
- Exposure
- East
- Exterior Finish
- Concrete Poured
- Roof
- Flat
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Inclusions
- Inclusions
- Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
Exclusions
- Exclusions
- None
Parking & Garages
- Garage Type
- Underground
- Garage Spaces
- 1
- Parking Type
- Exclusive
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- Exclusive
- Locker Unit
- Unit 9
- Locker Level
- Level B
Heating & Cooling
- Heat Source
- Electric
- Heat Type
- Radiant
- Air Conditioning
- Central Air
- Bedrooms
- 2
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Bathroom—Main level, 4 Pc Bath
- Bathroom—Main level, 5 Pc Bath
- Bedroom—Main level
- Den—Main level
- Dining Room—Main level
- Foyer—Main level
- Kitchen—Main level
- Living Room—Main level
- Primary Bedroom—Main level
- Other—Main level
Washrooms
- 4-piece
- 5-piece
- Municipality
- Kitchener
- Main cross streets
- Victoria & Lancaster
- Directions
- Victoria Street N to Lancaster St E. Visitor parking is available opposite the entrance to the garage.
- MLS® number
- X12428823
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-04-02
- Listed on
- 2025-09-26
- Days on market
- 188 days
- Possession date
- 2025-10-31
- Possession type
- Immediate
- Co-op commission
- 2%
- Seller
- Listed by
- RE/MAX TWIN CITY REALTY INC.
Home Market Value
Current home valuation for Unit 504, 2 Lancaster Street E, Kitchener, , . Listed for $674,900
HOMEH Estimate
$752,000
Estimated Sales Range
$587,504 - $916,496
HOMEH Estimate for Unit 504, 2 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
5% on first $500K + 10% on $174,900 over $500K
$42,490
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $25,295 | $18,830 | $16,063 | $0 |
=Total mortgage | $657,676 | $626,240 | $589,728 | $539,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,211monthly | $3,058monthly | $2,879monthly | $2,636monthly |
Land Transfer Tax
$9,973
$9,973
Around this home
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