$699,998
For sale: Detached

Welcome to 64 Lancaster Street East, a masterfully reimagined historic residence nestled next to Gordon Green in the coveted Central Frederick/East Ward neighborhood. This grand 2.5-storey home seamlessly blends classic character with a professional 2026 renovation, creating an unprecedented opportunity for high-yield investment or multi-generational living. Step inside to find soaring high ceilings, original hardwood trims, and authentic moldings that honor the home's heritage, including a stunning solid wood pocket door in the living room. The home has been strategically expanded to offer an incredible 10 total bedrooms and 3.5 modern bathrooms across four finished levels. The main and upper floors feature 7 bedrooms (1 main, 4 second-floor, 2 third-floor), while the fully finished basement provides a self-contained 3-bedroom suite with its own second full kitchen and dual washrooms. With two sets of washers and dryers and updated mechanicals, this property is a turn-key powerhouse. The expansive 74-foot frontage property includes a detached single-car garage and multiple outdoor living spaces, from a lush garden to a second-story sunroom and a covered front porch. Ideally situated just steps from the Centre In The Square, Central Library, the Waterloo Region Transit Hub, and the Kitchener Market, this home offers the perfect balance of urban convenience and historic soul. Whether you are looking for an 8% cap-rate asset or a massive family estate, this rare 10-bedroom gem is a must-see.
Sold data
Detached homes in Kitchener took a median of 18 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 34, across 319 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 32 days.
The median sale price was $714,900.
Homes sold for about 1.2% below asking on average, so there was room to negotiate.
About 41% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 319 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Kitchener has 66 Fraser Institute–rated schools (57 elementary and 9 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$849,000
Detached108 VICTORIA AVENUE N, Beasley, Hamilton

$698,000
Detached73 ROBINSON AVENUE, Oakridge, Toronto

$899,000
Detached62 GLENVALLEY DRIVE, Cambridge

$985,000
Detached275 FALCONRIDGE DRIVE, Kitchener

$980,000
Detached66 EWEN ROAD, Ainslie Wood, Hamilton

$799,000
Detached15 GOULD CRESCENT, Beeton, New Tecumseth

$1,049,900
Detached687 MARLEY CRESCENT, 1023 - BE Beaty, Milton

$499,000
Detached143 ELGIN STREET, Beasley, Hamilton