56 Lilac Street
Waterloo, N2G 3A8
For Sale
9.14 BTC

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4 + 2
BEDROOMS4
BATHROOMS2 + 2
KITCHENS8 + 6
ROOMSX12753290
MLSIDContact Us
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.
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Property Features
Place Of Worship, Rec./Commun.Centre, School, Public Transit, Water Heater, Private Double, Private, Natural Gas
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Property Details
Property Type
Fourplex
Lot Size
75' x 101'
Taxes
$4,545 (2025)
Basement
Finished, Separate Entrance
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
7
Garage Type
Carport
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Listing contracted with Chestnut Park Realty(Southwestern Ontario) Ltd
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