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For saleMLS® X13784580

217 Lancaster Street E, Kitchener, ON N2H 1N5

$575,000

$383 / sq ft

1 months on market

Bedrooms
4
Bathrooms
3
Interior
1,500 sf
Parking
6
Lot
72.47 × 70.03 ft

What's special

  • 6 parking spaces
  • Finished basement
  • Carpet free
  • Guest accommodations
  • In-law suite

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About this property

Character, flexibility and a prime Central Frederick location come together in this distinctive triplex with over 1800 sq ft of living space, where a classic red-brick exterior, covered front porch and cheerful blue accents create instant curb appeal. Unit 1 welcomes you from the rear porch into an inviting eat-in kitchen, where wood-plank floors and an exposed brick wall add warmth and character. The wood flooring continues into the living room, with access to a 4-pc bath, while French doors open to the bedroom with generous closet and secondary access to the main foyer. Unit 2 offers a versatile layout with a separate kitchen and 4-pc bath; one room is ideal as a living area, while the other enjoys its own exterior entrance to a partially fenced yard. Upstairs, Unit 3 spans the second floor with 2 well-sized bedrooms, a 4-pc bath, a spacious hall with storage potential, and an open kitchen and dining/living area beneath charming sloped ceilings. The hall also opens to a south-facing balcony, a great spot to enjoy morning coffee or evening air. A shared unfinished basement provides laundry, utility space and additional storage potential, while the large gravel driveway, refreshed landscaping, fencing and patio space add everyday practicality. A metal roof is another welcome exterior feature. Set in the heart of Central Frederick, this is a neighbourhood where historic streets, mature trees & a strong sense of community meet urban convenience. Downtown Kitchener is just minutes away, putting the Kitchener Market, Centre In The Square, Central Library, restaurants, cafés and local shops within easy reach. Victoria Park, LRT service and the Kitchener GO station expand recreation and commuting options, while nearby St. Anne's, Suddaby Public School and Cameron Heights Collegiate add further appeal. Whether you're building your portfolio or looking for a property with multiple living options, this property offers character, versatility & location in equal measure.

Features

  • Carpet Free
  • Guest Accommodations
  • In-Law Suite

Property details

Property

Property type
multiplex
Bedrooms
4
Bathrooms
3
Interior size
1,500 sq ft
Lot size
72.47 × 70.03 ft
Zoning
SGA-2
Possession
Immediate

Interior

Basement
Full, Unfinished
Heating
Forced Air · Gas
Exposure
North

Exterior & services

Construction
Brick
Parking spaces
6
Sewer
Sewer

Costs

List price
$575,000
Property taxes
$5,118 / year (2026)
Price per sq ft
$383

Listing

MLS® number
X13784580
Status
For sale
Listed
September 15, 2026
Days on market
51
Last updated
October 20, 2026
Listing brokerage
KELLER WILLIAMS INNOVATION REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 6% of comparable multiplex listings in Kitchener are asking less.

$602KMedian $975K$1.65M
This home
$383 / sq ft
Comparable median
$483 / sq ft

Based on 36 comparable active multiplex listings in Kitchener. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.7% · minimum $32,500
$32,500
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,999.58
Property tax (est.)
$426.49
Estimated monthly
$3,426

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$7,975
Total due on closing
$7,975

An estimate on the asking price of $575,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of KELLER WILLIAMS INNOVATION REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$575,000

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