140 Lancaster Street, Kitchener, ON

$950,000
MLS#:X12211587
1 beds
1 baths
3500-5000 sqft
5.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2 1/2 Storey"] detached located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $950,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 3500-5000 sqft on a premium 61 x 131 ft lot
  • Features a ["full", "unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free, In-Law Capability
  • equipped with ["none"] central cooling and highly efficient water heating via gas

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.

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 7, 2025
Sold price information is available to members only
Listed Date6/10/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size61 × 131 Feet
CountyWaterloo
Annual Tax$5,486
Legal DescriptionPT LT 3 PL 103 KITCHENER AS IN 1291605; KITCHENER

Parking & Garage

Parking Spaces5.0
Garage Spaces5
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeWater
Cooling["None"]

Features

Property Features

Arts Centre, Fenced Yard, Library, Park, Place Of Worship, School

Community Features

Location

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140 Lancaster Street, Kitchener, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 140 Lancaster Street E, Kitchener, ON N2H 1N1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$760,000
Monthly Mortgage$4,416
Property Tax (Est.)$457
Utilities & Maint.$350
Total Monthly Cost$5,223

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Kitchener.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Kitchener.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$739,087

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Local Schools Guide

Elementary Schools

Our Lady of Grace
Public70 Gracefield Crescent, Alpine, Kitchener, Ontario, N2E 1R9
7.3
Alpine
Public75 Lucerne Drive, Alpine, Kitchener, Ontario, N2E 1B4
5.8
Queen Elizabeth
Public191 Hoffman Street, Southdale, Kitchener, Ontario, N2M 3N2
4.0
A R Kaufman
PublicCarwood Avenue, Rockway, Kitchener, Ontario, N2G 3C5
2.0
Country Hills
Public195 Country Hill Drive, Country Hills, Kitchener, Ontario, N2E 2G7
4.4

Secondary Schools

St. Mary’s
Catholic1500 Block Line Road, Kitchener, Ontario, N2C 2S2
6.1
Eastwood
Public760 Weber Street East, Eastwood, Kitchener, Ontario, N2H 1H6
5.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.