$550,000
Est. payment $2,435/moCalculate yours
87 Lancaster Street W, Kitchener, ON N2H 4T3
Kitchener, ON N2H 4T3
- 4 Beds
- 3 Baths
- 1,500 Sq Ft
Listing courtesy of ROYAL LEPAGE WOLLE REALTY MLS® X13600662
About this home
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
Property details
Overview
- Property Type
- Duplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 1,500 sqft
Interior
- Bedrooms
- 4
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Unfinished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Brick Front
- Foundation
- Stone
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 53 x 140 Feet
- Parking
- None garage · 6 total
Financial
- Property Taxes
- $3,134 (2025)
Location
- Cross Street
- Louisa
- Direction Faces
- West
Listing
- MLS® Number
- X13600662
- Days on Market
- 87
- Listed On
- 2026-07-23
- Possession
- Flex
- Listed By
- ROYAL LEPAGE WOLLE REALTY
Rooms
Features
Interior
- None
Pool
- None
- Included
- 3 Fridges & 3 Stoves
- Rental items
- water heater
Mortgage calculator
Estimated mortgage payment
$2,435 per month
- Principal and interest
- $2,435
- Property tax
- $261
- Condo fees
- $0
- Estimated monthly cost
- $2,696
Your mortgage
- Mortgage amount
- $440,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $290,584
Cash to close
- Down payment
- $110,000
- Land transfer tax
- $7,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $117,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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