111 Lancaster Street, Kitchener, ON

$695,000
MLS#:X11939747
3 beds
3 baths
1500-2000 sqft
4.0 parking
Residential Freehold
111 Lancaster Street E, Kitchener, ON N2H 1M7
⚠️

Property no longer active

This property was sold on February 20, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $695,000 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.

  • 3 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 66 x 73 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Accessory Apartment, Carpet Free, In-Law Capability
  • equipped with central air central cooling and highly efficient heat pump heating via other

Description

Located in the heart of downtown Kitchener, this beautifully updated home is a legal duplex with an additional non-conforming unit, perfect for both homebuyers and investors. The property exudes urban charm, featuring a spacious front porch and well-maintained gardens. With 1,991 square feet of interior space, it includes three kitchens, two living rooms, three generously sized bedrooms, and three full bathrooms. Inside, you'll discover exquisite finishes, elegant fixtures, abundant natural light, and soothing tones throughout. Highlights include a front balcony off the second floor, a fully fenced yard, two back porches, and ample parking. Ideally situated, this home provides easy access to Victoria Park, the Kitchener Market, The Aud, Civic Centre, and all the amenities of downtown Kitchener, along with Highway 7/8 and public transit, making it an excellent choice for those seeking convenience and community appeal.

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Property Summary

This detached home located at 111 Lancaster Street, Kitchener is currently for sale and has been available on SousaSells for 563 days. This property is listed at $695,000 with an estimated mortgage of $2,313* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 111 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?

Yes! Featuring 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Kitchener.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 3 well-appointed bathrooms
  • 1500-2000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Kitchener.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
3
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 20, 2025
Sold price information is available to members only
Listed Date1/20/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStucco (Plaster)
BasementUnfinished
Lot Size66 × 73 Acres
CountyWaterloo
Annual Tax$3,143
Legal DescriptionPT LT 3-4 PL 417 KITCHENER AS IN 1083431; KITCHENER

Parking & Garage

Parking Total4.0
Parking Space4
Garage TypeNone

Heating & Cooling

Heat SourceOther
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Accessory Apartment
  • Carpet Free
  • In-Law Capability
  • In-Law Suite

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 111 Lancaster Street, Kitchener, ON

Q.What is the asking price for 111 Lancaster Street, Kitchener, ON ?

The current listing price for 111 Lancaster Street, Kitchener, ON in Kitchener is $695,000.

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

This property features 3 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 111 Lancaster Street, Kitchener, ON ?

111 Lancaster Street, Kitchener, ON is a Detached (2-Storey) featuring a Unfinished basement.

Q.What interior features are included in this home?

Interior highlights include: Accessory Apartment, Carpet Free, In-Law Capability, In-Law Suite.

Q.Is parking available at this property?

Yes, this property offers parking space for 4.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Other and cooling via Central Air.

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Location

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111 Lancaster Street, Kitchener, ON

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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 111 Lancaster Street E, Kitchener, ON N2H 1M7

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.

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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$208,500 (30.0%)
* Minimum Canadian down payment required for this price is $44,500.
Amortization Period30 Years
Estimated Monthly Payment$2,313Based on a loan of $486,500 over 30 years.
Purchase Price$695,000
Loan Amount$486,500
Provincial Land Transfer Tax:$10,375
Total Estimated Closing Taxes:$10,375

About Purchasing a Home in Kitchener, ON

For a property listed at $695,000 in Kitchener, the legal minimum down payment is $44,500 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 $10,375 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 $10,375.

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$781,951

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

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
A R Kaufman
PublicCarwood Avenue, Rockway, Kitchener, Ontario, N2G 3C5
2.0
Queen Elizabeth
Public191 Hoffman Street, Southdale, Kitchener, Ontario, N2M 3N2
4.0
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%

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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.