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56 LILAC Street, Kitchener, Ontario, N2G3A8

MLS: 40830330 | Fourplex (Freehold)

$949,900

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Property Description

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.

Directions: Ottawa St S to Lilac St

Quick Facts

Property Type: Fourplex (Freehold)
Bedrooms: 6
Bathrooms: 4
Living Area: 3,899 sq ft (362.2 m²)
Above Grade: 2,100 sq ft (195.1 m²)
Below Grade: 1,799 sq ft (167.1 m²)
Year Built: 1950
Ownership: Freehold
Attached: Yes
Parking: 7.0 spaces (Carport)
Frontage: 75 ft (22.9 m)

Costs

Annual Taxes: $4,544.81

Listing Provided by: Chestnut Park Realty Southwestern Ontario Limited
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.

Detailed Features

Interior & Systems

Heating: Baseboard heaters, Forced air
Cooling: None
Basement: Finished, Full

Exterior & Construction

Exterior: Brick, Vinyl siding
Sewer: Municipal sewage system
Water: Municipal water

Lot & Land

Frontage: 75 ft (22.9 m)
Features: Laundry- Coin operated
Zoning: R2B

Community & Neighbourhood

Community: Community Centre
Subdivision: 311 - Downtown/Rockway/S. Ward

Listing Information

MLS® Number40830330

BoardCornerstone

Originating SystemCornerstone Association of REALTORS®

BrokerageChestnut Park Realty Southwestern Ontario Limited

Date ListedMay 14, 2026

Last UpdatedMay 14, 2026

Listing History

MLS listing activity for 56 LILAC Street, Kitchener, Ontario, N2G3A8 — dates reflect when changes were recorded in the DDF

	Date	Days on Market	Price	Event	Listing ID
●	5/14/2026	0	$949,900	Listed (For Sale)	40830330

Location & Neighborhood

📍56 LILAC Street, Kitchener, Ontario, N2G3A8

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Down Payment 20%

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11 properties

1 Day on Market

371 OTTAWA Street S, Kitchener

56 LILAC Street, Kitchener, Ontario, N2G3A8

$949,900

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Property Description

Quick Facts

Costs

Detailed Features

Interior & Systems

Exterior & Construction

Lot & Land

Community & Neighbourhood

Listing Information

Listing History

Location & Neighborhood

🚗 Travel times

Neighborhood Walkability

Mortgage & Cost Calculators

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