$949,900

56 Lilac Street, Waterloo, ON N2G 3A8

, Waterloo,

| | | 2,500 sq.ft. |

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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.

Property Info
MLS®: X12753290
Listing Courtesy of CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
Total Bedrooms 6
Total Bathrooms 4
Basement 1
Floor Space 2000-2500 sq.ft.
Lot Size 7639 sq.ft.
Style 2-Storey
Last Updated 2026-02-03
Property Type House
Listed Price $949,900
Unit Pricing $380/sq.ft.
Tax Estimate $4,545/Year
More Details
Exterior Finish Brick Front
Parking Total 7
Water Supply Municipal
Foundation Sewer
Summary
    Location and General Information
  • HoldoverDays: 30
  • Architectural Style: 2-Storey
  • Property Type: Residential Freehold
  • Property Sub Type: Fourplex
  • DirectionFaces: North
  • GarageType: Carport
  • Directions: Ottawa St S to Lilac
  • Taxes and HOA Information
  • Tax Year: 2025
  • Parking
  • Parking Features: Private Double, Private
  • ParkingSpaces: 7
  • Parking Total: 7
Interior and Exterior Features
    Bathrooms Information
  • WashroomsType1: 1
  • WashroomsType1Level: Main
  • WashroomsType2: 1
  • WashroomsType2Level: Second
  • WashroomsType3: 2
  • WashroomsType3Level: Basement
  • Bedrooms Information
  • BedroomsAboveGrade: 4
  • BedroomsBelowGrade: 2
  • Interior Features
  • Fireplaces Total: 1
  • Interior Features: Water Heater
  • Basement: Finished, Separate Entrance
  • Cooling: Window Unit(s)
  • HeatSource: Gas
  • HeatType: Forced Air
  • Exterior Features
  • ConstructionMaterials: Brick Front
  • Roof: Asphalt Shingle
  • Pool Features: None
Property
    Utilities
  • Sewer: Sewer
  • Property and Assessments
  • Foundation Details: Poured Concrete
  • Lot Information
  • LotSizeUnits: Feet
  • LotDepth: 101.23
  • LotWidth: 75.46
  • Others
  • PropertyFeatures: Place Of Worship, Rec./Commun.Centre, School, Public Transit
Sold History
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School Catchments
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