Unknown for 140 Lancaster St #E, Kitchener Ontario N2H 1N1
Sold conditionally
58 days on Market

140 Lancaster St #E, Kitchener, Ontario N2H 1N1

Other
-
-
~3690 sqft
$950,000
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Other
-
-
~3690 sqft

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Highlights

Property Estimate

Days on market58 days

Estimated valueNot available

Price/Sqft$257/sqft

Monthly cost

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CMA Subject Property

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+4

Properties sold*

$773K

Median sold price*

*Based on last 30 days

Description

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 you’ll 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—will 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.


Property Details

StyleCommercial Sale
View-
Age of property1884
SqFt~3690 SqFt
Lot Size-
Parking Spaces5
MLS ®Number40739834
Community NameCentral Frederick
Data SourceITSO
Listing byRE/MAX SOLID GOLD REALTY (II) LTD.

Features

Basement: Full

Features

Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

Jun 10, 2025
ListedActive
$950,000
58 days on market
history photo preview47
Listing by itso®

Market Data - Central Frederick

Geo Zone Map ThumbnailCentral Frederick

Balanced Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

16 days

Compared to

2024

9 days

2023

21 days

2022

17 days

New Listings

Past 30 days

6 listings

Compared to

2024

4 listings

2023

2 listings

2022

13 listings

Units sold

Past 30 days

3 units

Compared to

2024

4 units

2023

3 units

2022

6 units

Median Sold Price

Past 30 days

$676,000

Compared to

2024

$772,500

2023

$775,000

2022

$642,500


Population and Demographics

Overview

Total population 3329
Average household income $142,649

Age (%)

0 to 19
18%
20 to 34
24%
35 to 49
21%
50 to 64
21%
65 and plus
17%

Household composition (%)

Single family
54%
Single person
41%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
90%
Others
4%
German
2%
Spanish
2%

House tenancy (%)

Owners
54%
Renters
46%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget