Kitchener, ON N2M3Y9 281 LORNE Avenue

281 LORNE Avenue Kitchener, ON - Image 1281 LORNE Avenue Kitchener, ON - Image 2281 LORNE Avenue Kitchener, ON - Image 3
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Presented By: RIGHT AT HOME REALTY BROKERAGE
  • MLS# 40687222
  • 01/04/2025
  • Request Tour
  • Request Info
  • Beds • 7
  • Baths • 6
  • SQFT • 4,000

Home Details

Charming Sixplex Investment Opportunity in Forest Hill, Kitchener This well-maintained sixplex offers a fantastic income-generating opportunity for investors, located in the desirable Forest Hill neighborhood of Kitchener. The property features five 1-bedroom units and one 2-bedroom unit, making it perfect for singles, couples, or small families. Recent upgrades have enhanced both the interior and exterior of the property. The front and rear entrances have been updated with new flooring, freshly painted entryways, and a refreshed exterior to boost curb appeal and provide a welcoming experience for tenants. Units 1 and 2 have undergone modern renovations to attract high-quality tenants. The property is fully equipped with an up-to-date fire alarm and extinguisher system, ensuring safety and compliance with industry standards. Additional Income Potential: A unique opportunity exists for the buyer to further increase income by extending the existing building with the addition of a small house or triplex. Buyer to conduct due diligence before proceeding. With stable income, recent improvements, and significant growth potential, this sixplex is a strong investment opportunity for those looking to add value to their portfolio. Don’t miss out—schedule your showing today! (id:7434)
Presented By: RIGHT AT HOME REALTY BROKERAGE

Interior Features for 281 LORNE Avenue

Other Interior Features

Basement TypeNone
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeBaseboard heaters, Radiant heat

General for 281 LORNE Avenue

AmenitiesPark, Public Transit, Schools, Shopping
Building AppliancesWater softener
Building Cooling TypeNone
Building.StoriesTotal3
FeaturesShared Driveway, Laundry- Coin operated
Foundation TypePoured Concrete
Location DescriptionHOMER WATSON BLVD RIGHT ON HOFFMAN ST, LEFT ON KEHL ST, LEFT ON HEIMAN ST, RIGHT ON LORNE AVE
Ownership TypeFreehold
Parking Space Total7
Property TypeMulti-family
Zoning DescriptionR2

Exterior for 281 LORNE Avenue

Exterior FinishBrick, Vinyl siding
Land Amenities Park, Public Transit, Schools, Shopping
SewerMunicipal sewage system

Additional Details

Zayd Hamamiyah

Realtor ®, BBA Hon.
Price $1,499,900
MLS#40687222
List Date 01/04/2025
Property Type Multi-Family
Phone 289.816.2923
Request Tour
Request Info
Visit My Website

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