581 Lancaster Street, Unit 2, Kitchener, ON

$2,100/mo
MLS#:X13738982
2 beds
1 baths
700-1100 sqft
1.0 parking
Residential Freehold
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Added:Sep 1, 2026(2 days ago)
Updated:Sep 2, 2026(1 day ago)
Last Checked:19 minutes ago

Property Highlights

Welcome to this remarkable 1 Storey/Apt upper level located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $2,100 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a spacious lot (Feet)
  • 1.0 total parking spaces available
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this stunning 2025 fully renovated 2-Bedroom, 1 Parking Apartment for Rent. This beautifully appointed apartment is newlyrenovated including appliances providing you with the perfect blend of modern luxury and comfort. As you step inside, you'll be greeted by anairy and bright layout that showcases the state-of-the-art finishes throughout. The modern kitchen is a chef's delight, featuring brand-newappliances, sleek cabinetry, and ample counter space, making meal preparation a breeze. The elegant bathroom boasts beautiful fixtures and astylish design, creating a tranquil space for relaxation. Both bedrooms are generously sized, offering plenty of closet space and natural light,perfect for creating your own sanctuary. For added convenience, this apartment comes with an in-suite washer and dryer, ensuring that laundryday is a hassle-free experience. Located in a vibrant neighbourhood, you'll enjoy easy access to various amenities, including shops, restaurants,and parks, all within walking distance. Public transport options are just a short stroll away, making commuting a breeze. Only 1 designatedparking spot is available, ensuring you'll always have a secure place to park.

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Property Summary

This upper level located at 581 Lancaster Street, Kitchener is currently for sale and has been available on SousaSells for 2 days. This property is listed at $2,100 with an estimated mortgage of $7* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 581 Lancaster Street, Kitchener

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Kitchener.

Great for Small Household / Couples
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
AddedSep 1, 2026 (2 days ago)
UpdatedSep 2, 2026 (1 day ago)
Last Checked19 minutes ago
Transaction TypeFor Lease

Property Details

Property Sub-TypeUpper Level
Architectural Style1 Storey/Apt
ConstructionBrick, Vinyl Siding
BasementNone
CountyWaterloo

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Carpet Free

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 581 Lancaster Street, Unit 2, Kitchener, ON

Q.What is the asking price for 581 Lancaster Street, Unit 2, Kitchener, ON ?

The current listing price for 581 Lancaster Street, Unit 2, Kitchener, ON in Kitchener is $2,100.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom across approximately 700-1100 sqft.

Q.What property type and architectural style is 581 Lancaster Street, Unit 2, Kitchener, ON ?

581 Lancaster Street, Unit 2, Kitchener, ON is a Upper Level (1 Storey/Apt) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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581 Lancaster Street, Unit 2, Kitchener, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Kitchener, Kitchener

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
▼ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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 581 Lancaster Street W 2, Kitchener, ON N2K 1M5

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kitchener.

Configure Loan Settings

Interest Rate4.00%
Down Payment$630 (30.0%)
* Minimum Canadian down payment required for this price is $105.
Amortization Period30 Years
Estimated Monthly Payment$7Based on a loan of $1,470 over 30 years.
Purchase Price$2,100
Loan Amount$1,470
Provincial Land Transfer Tax:$11
Total Estimated Closing Taxes:$11

About Purchasing a Home in Kitchener, ON

For a property listed at $2,100 in Kitchener, the legal minimum down payment is $105 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $11 for this transaction. As this listing is in Kitchener (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $11.

Kitchener 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$838,256

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%

Best Schools in Kitchener

Elementary Schools

A R Kaufman
PublicCarwood Avenue, Rockway, Kitchener, Ontario, N2G 3C5
2.0
Queen Elizabeth
Public191 Hoffman Street, Southdale, Kitchener, Ontario, N2M 3N2
4.0
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
Rockway
Public110 Doon Road, Rockway, Kitchener, Ontario, N2G 3C8
3.6

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
Cameron Heights
Public301 Charles Street East, King East, Kitchener, Ontario, N2G 2P8
7.5

Kitchener Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.

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