4 hours on Market

195 Lancaster St, Kitchener, Ontario N2H 1M9

Townhouse
5
4
~1500-2000 sqft
$599,900
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Townhouse
5
4
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$349/sqft

Est. Mortgage$2,576/mo

Tax Amount (2025)$4,773/yr

Days On Market4 hours


Description

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!


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size5,040 SqFt(85.59 x 58.89)
Parking Spaces5
MLS ®NumberX12101781
Community NameCentral Frederick
Data SourceTRREB
Listing byRE/MAX TWIN CITY REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Unfinished

Features

Lot size: 5,040 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 4

Total parking spaces 5


Property History

Apr 24, 2025
ListedActive
$599,900
4 hours on market
history photo preview50
Listing by trreb®
Property listed by RE/MAX TWIN CITY REALTY INC., Brokerage

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Market Data - Central Frederick

Geo Zone Map ThumbnailCentral Frederick

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

0 day

New Listings

Past 30 days

1 listing

Compared to

2024

0 listing

Units sold

Past 30 days

0 unit

Compared to

2024

0 unit

Median Sold Price

Past 30 days

$0

Compared to


Population and Demographics

Overview

Total population 3329
Average household income $142,649

Age (%)

20 to 34
24%
35 to 49
21%
50 to 64
21%
0 to 19
18%
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%

Schools and amenities

Estimated Budget