140 Lancaster Street, Kitchener, ON
Property no longer active
This property was sold on November 20, 2025. This listing is for reference purposes only. to view the sold price.
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
- Efficient water heating via gas
Description
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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Property Summary
This detached home located at 140 Lancaster Street, Kitchener is currently for sale and has been available on SousaSells for 422 days. This property is listed at $950,000 with an estimated mortgage of $3,162* per month. It has 1 bed, 1 bathroom, and is 3500-5000 square feet. 140 Lancaster Street, Kitchener
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Kitchener.
- •1 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •3500-5000 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Arts Centre
- Fenced Yard
- Library
- Park
- Place Of Worship
- School
Interior Features
- Carpet Free
- In-Law Capability
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 140 Lancaster Street, Kitchener, ON
Q.What is the asking price for 140 Lancaster Street, Kitchener, ON ?
The current listing price for 140 Lancaster Street, Kitchener, ON in Kitchener is $950,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 1 bedroom and 1 bathroom across approximately 3500-5000 sqft.
Q.What property type and architectural style is 140 Lancaster Street, Kitchener, ON ?
140 Lancaster Street, Kitchener, ON is a Detached (2 1/2 Storey) featuring a Full, Unfinished basement.
Q.What key property features does 140 Lancaster Street, Kitchener, ON offer?
Key property features include: Arts Centre, Fenced Yard, Library, Park, Place Of Worship, School.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, In-Law Capability.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 140 Lancaster Street E, Kitchener, ON N2H 1N1
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kitchener, ON
For a property listed at $950,000 in Kitchener, the legal minimum down payment is $70,000 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 $15,475 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 $15,475.
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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.