For Sale: 56 Lilac Street, Kitchener, ON - REW
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$949,900
6 bd 4 ba 3899 sf Multifamily

56 Lilac StreetKitchener, ON, N2G 3A8

  • 6 Bed
  • 4 Bath
  • 3899 Sqft
  • Multifamily

About this home

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. (id:63626)
Listed by: LEE QUAILE, Broker of Record, Chestnut Park Realty Southwestern Ontario Limited

Home facts and features

Price details
List Price
Gross Taxes for 2026
$4,545
Home facts
Bedrooms
6
Full Bathrooms
4
Parking Spaces
7
Parking Details
Carport
Property Type
Multifamily
Depth
Frontage
75.0 feet
Year Built
Built in 1950 (76 yrs old)
Title
Freehold
Exterior Finish
Brick, Vinyl siding
Heating Type
Baseboard heaters, Forced air
Basement Details
Finished, Full
Features
Laundry- Coin operated
Agent details
Primary Agent
LEE QUAILE
Primary Broker
Chestnut Park Realty Southwestern Ontario Limited
Secondary Agent
Debbie Tsintaris
Secondary Broker
Chestnut Park Realty Southwestern Ontario Ltd., Brokerage
Listing details
Days on REW
22 Days
Property Views
15
MLS® Number
40830330
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Moffat Creek Public School
  • Public
  • JK - 8
Queen Elizabeth Public School
  • Public
  • JK - 6
Cameron Heights Collegiate Institute
  • Public
  • 9 - 12
Rockway Public School
  • Public
  • JK - 6
Sheppard Public School
  • Public
  • JK - 6
St Bernadette Catholic Elementary School
  • Catholic
  • JK - 8
Courtland Avenue Public School
  • Public
  • 7 - 8
Eastwood Collegiate Institute
  • Public
  • 9 - 12
Our Lady of Grace Catholic Elementary School
  • Catholic
  • JK - 8
St Mary's High School
  • Catholic
  • 9 - 12
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
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-04.