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
  • MLS# X11907415
  • 01/05/2025
  • Request Tour
  • Request Info
  • Beds • 7
  • Baths • 6
  • SQFT • 3,500
  • Garage • 7

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. Dont miss out schedule your showing today!
Presented By: RIGHT AT HOME REALTY

Interior Features for 281 Lorne Avenue

Bedrooms

Bedrooms7
Total Bedrooms7

Bathrooms

Total Baths6

Other Interior Features

Air Conditioning Y/NNo
BasementNone
Basement (Y/N)No
Elevator?No
Fireplace Y/NNo
Heat SourceGas
Heating Y/NNo
Interior AmenitiesWater Softener, Water Heater
Living Area Range3500-5000

General for 281 Lorne Avenue

Architectural Style3-Storey
Attached Garage No
CityKitchener
Construction MaterialsBrick, Vinyl Siding
CoolingNone
CountyWaterloo
Electric On Property Y/NNo
Facing DirectionSouth
Garage Y/NNo
Heater TypeRadiant
Legal DescriptionLT 7 PL 1156 KITCHENER; KITCHENER
Lot Depth117.0
Lot Size UnitsFeet
ModificationTimestamp2025-01-13T17:56:00Z
New ConstructionNo
Occupancy TypeTenant
Parking Spaces 7
Pool FeaturesNone
Property Attached Y/NNo
Property SubtypeMultiplex
Property TypeResidential Freehold
PropertyFeaturesPublic Transit, Park, School
RoofFlat
Security FeaturesCarbon Monoxide Detectors, Smoke Detector
Senior Community Y/NNo
SewerSewer
Standard StatusActive
StatusNew
Tax Annual Amount6975.0
Tax Year2025
Waterfront Y/NNo

Exterior for 281 Lorne Avenue

Covered Spaces0.0
Foundation DetailsPoured Concrete
Garage TypeNone
Parking FeaturesMutual, Other
SpaNo
Total Parking7.0

Additional Details

Zayd Hamamiyah

Realtor ®, BBA Hon.
Price $1,499,900
MLS#X11907415
List Date 01/05/2025
Property Type Multi-Family
Phone 289.816.2923
Request Tour
Request Info
Visit My Website

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