Listed for:Listed Jul 23, 2026
$550,000

87 Lancaster Street W

Kitchener (Civic Centre), ON N2H 4T3

Multiplex For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 87 Lancaster Street W, Kitchener, Civic Centre

No listing history available

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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 87 Lancaster Street W, Kitchener, Civic Centre

Summarized Description

  • Legal duplex with three self-contained units.
  • Recent renovations including flooring and kitchen.
  • Located in a prime area of East Ward.
  • Ideal for entry-level investors or portfolio expansion.
  • Close to expressway, shopping, and transit.
  • Current rental income of $1144/month per unit.
  • Projected rent for additional unit at $1400/month.
  • Opportunity for development next door.

Legal duplex plus extra unit in a prime area, desirable East Ward. Perfect for entry level investors or adding to existing portfolio. The buyer may choose to live there since one unit is available now. 3 x 1 bedroom units each unit self contained. Recent renovation done including flooring,painting updated kitchen. Close to expressway and shopping,transit. Currently unit 1 pays 1144/month, unit 2 1144/month plus projected rent for another 1 bedroom is 1400/month. Developer, builder opportunity to buy next door(93 Lancaster) so it makes good development project

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,134
Land Transfer Tax Fee
$7,475

Rental Items

Rental Equipment
water heater

Basement Type
Unfinished

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Brick Front
Roof
Asphalt Shingle
Foundation Details
Stone
Special Designation
Unknown

Lot

Lot Front
53.00 ft
Lot Depth
140.00 ft

Inclusions

Inclusions
3 Fridges & 3 Stoves

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
6
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
4
Washrooms
3
Kitchens
3

Room sizes

  • Bedroom—
    Second level
  • Bedroom—
    Ground level
  • Bedroom—
    Ground level
  • Bathroom—
    Ground level
  • Bathroom—
    Ground level, 3 Pc Bath
  • Bathroom—
    Second level

Washrooms

  • 3-piece

Municipality
Kitchener
Neighbourhood
Civic Centre
Main cross streets
Louisa
Directions
Victoria St to Lancaster
Waterfront
None

MLS® number
X13600662
Data source
Toronto Regional Real Estate Board
Listed on
2026-07-23
Updated on
2026-07-24
Days on market
84 days
Possession type
30-59 days
Co-op commission
2%
Seller
Listed by
ROYAL LEPAGE WOLLE REALTY

Home Market Value

Current home valuation for 87 Lancaster Street W, Kitchener, Civic Centre, Kitchener, ON. Listed for $550,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 87 Lancaster Street W, Kitchener, Civic Centre

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

$
Kitchener, ON
Minimum Down Payment Required:5.5%

5% on first $500K + 10% on $50,000 over $500K

Minimum down payment

$30,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$20,790$15,345$13,090$0
=Total mortgage
$540,540$510,345$480,590$440,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,639monthly$2,492monthly$2,346monthly$2,148monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$7,475

Total Land Transfer Tax

$7,475

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