43
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$950,000
Est. payment /mo
1 Bed
1 Bath
New
140 Lancaster ST E Kitchener, ON N2H 1N1
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
MLS Listing ID X12211587
Style 2 1/2 Storey
Bedrooms 1
Building Age 100+
Annual Tax Amount $5,486
Tax Year 2024
Property Sub-Type Detached
Property 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 youll 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, 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.
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room Yes
Basement Full, Unfinished
Kitchen 1
Interior
Interior Features Carpet Free, In-Law Capability
Cooling None
Fireplaces Type Wood Stove
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle,Metal
Lot Frontage 61.0
Lot Depth 131.0
Total Parking Spaces 5
Building
Unit Features Arts Centre,Fenced Yard,Library,Park,Place Of Worship,School
Foundation Stone
Listed by RE/MAX Solid Gold Realty (II) Ltd