56 LILAC Street, Kitchener

2026-05-15
 

Quick Summary

Location
56 LILAC Street, Kitchener, Ontario N2G3A8
Price
$949,900 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
3899 sqft
Bedrooms:
6
Bathrooms:
4
Garages:
7
Year of Construction:
1950

MLS®#40830330

Property Description

Nestled on a quiet, tree-lined street near Courtland and Ottawa, this well-kept four-plex offers both stability and potential in Kitchener’s thriving rental market. The property includes two spacious 2-bedroom/1-bath units and two comfortable 1-bedroom/1-bath units within a peaceful, non-smoking building. Current tenants are respectful working professionals, creating an ideal environment for mature renters seeking calm and comfort. Conveniently located just a one-minute walk to the Mill Street LRT station, and with bus routes close at hand, the property provides excellent connectivity to Uptown Waterloo, Downtown Kitchener, and surrounding areas. Tenants also benefit from two separate driveways with parking for seven vehicles, on-site coin-operated laundry, and a large shared yard with plenty of green space. With its prime location, strong tenant base, generous parking, and immediate upside potential, this property is a rare turnkey investment opportunity in one of Kitchener’s most desirable areas. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Place of Worship, Public Transit, Schools

Building

  • Basement Development: Finished
  • Basement Type: Full (Finished)
  • Cooling Type: None
  • Exterior Finish: Brick, Vinyl siding
  • Fireplace: No
  • Interior Size: 3899 sqft
  • Building Type: Fourplex
  • Stories: 2
  • Utility Water: Municipal water

Features

  • Feature: Laundry- Coin operated

Land

  • Land Size: under 1/2 acre
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Structure

  • Structure: Shed

Zoning

  • Description: R2B

Information entered by Chestnut Park Realty Southwestern Ontario Limited
Listing information last updated on: 2026-06-02 16:24:07


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