For Sale: 233 Lancaster Street E, Kitchener, ON - REW
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$600,000
5 bd • 3 ba • 1818 sf • Multifamily
233 Lancaster Street E
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$600,000
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233 Lancaster Street EKitchener, ON, N2H 1N5

  • 5 Bed
  • 3 Bath
  • 1818 Sqft
  • Multifamily

About this home

Wow! An incredible opportunity to own a versatile triplex in the heart of Kitchener, with over 1,800 sqft of thoughtfully designed living space across 3 self-contained units, ideal for investors or multi-generational living at an attainable price point. Step inside and experience a property that balances functionality with character. The main level hosts 2 ground-floor units, perfect for ease of access: a bright 2-bedroom suite featuring updated luxury vinyl plank flooring and eye-catching exposed brick accents in the bedroom/kitchen, alongside a well-appointed 1-bedroom unit with warm hardwood floors, a spacious dual closet, and a private rear entry off the parking area. Upstairs, the 3rd unit offers a light-filled 2-bed layout with open-concept kitchen/living/dining space, updated flooring, and charming sloped ceilings adding architectural interest, complemented by views of mature trees. Each unit is finished in neutral tones and includes its own 4-pc bathroom, creating comfortable, independent living spaces. The partially finished basement adds more flexibility, complete with a 3-pc bath and expansive storage—offering endless potential for additional use or future value. Outside, a newly fenced yard and parking for 4+ vehicles enhance both convenience and appeal. Set in the historic Central Frederick neighbourhood, this location delivers the best of urban living with a strong sense of community. Enjoy being just minutes from downtown Kitchener, with easy access to local favourites like Centre In The Square, the vibrant Kitchener Market, and the Kitchener Memorial Auditorium. Everyday essentials, parks, and transit are all within reach, while nearby schools—including St. Anne’s, Suddaby Public School, and Cameron Heights Collegiate Institute—add to the area’s practicality. This is a neighbourhood known for its character, walkability, and connectivity—making it a compelling choice for tenants and homeowners alike, and a smart addition to any real estate portfolio.
Listed by: Kevin Reitzel, KELLER WILLIAMS INNOVATION REALTY

Home facts and features

Price details
List Price
$600,000
Get Pre-Approved
Gross Taxes for 2026
$5,230
Home facts
Bedrooms
5
Full Bathrooms
3
Parking Spaces
4
Property Type
Multifamily
Lot Size
46 ft x 0 ft (0 ft²)
Depth
0.0
Frontage
46.9
Year Built
Built in 1880 (146 yrs old)
Heating Type
Forced Air,Natural Gas
Basement Details
Full,Partially Finished
Features
Common Area, Other
Appliances
3 Fridges, 3 Stoves
Agent details
Primary Agent
Primary Broker
KELLER WILLIAMS INNOVATION REALTY
Secondary Agent
Secondary Broker
KELLER WILLIAMS INNOVATION REALTY
Tertiary Agent
Tertiary Broker
GOLDEN TRIANGLE REALTY INC
Listing details
Days on REW
1 Day
MLS® Number
40839600
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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Property Insights

Suddaby Public School
  • Public
  • JK - 6
Cameron Heights Collegiate Institute
  • Public
  • 9 - 12
St Don Bosco Catholic Secondary School
  • Catholic
  • 9 - 12
Sheppard Public School
  • Public
  • JK - 6
St Anne Catholic Elementary School
  • Catholic
  • JK - 8
Courtland Avenue Public School
  • Public
  • 7 - 8
Margaret Avenue Public School
  • Public
  • 7 - 8
Smithson Public School
  • Public
  • JK - 6
St Bernadette Catholic Elementary School
  • Catholic
  • JK - 8
King Edward Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Kevin Reitzel
Phone:
(519) 570-4447
Office:
519-570-4447
Jeff Reitzel
Phone:
(519) 570-4447
Office:
519-570-4447
Jim Reitzel
Phone:
(519) 570-4447
Cell:
519-572-2167
Office:
519-570-4447
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