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281 Lorne Ave

Lorne AveHighland-StirlingKitchenerON, N2M 3Y9

7
Beds
6
Baths
3,499 - 4,999
Sq. Ft.
$1,499,900
List Price
281 Lorne Ave, Kitchener, ON - 1 of 3
281 Lorne Ave, Kitchener, ON - 2 of 3
281 Lorne Ave, Kitchener, ON - 3 of 3
33 days on market

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... Show More

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! (id:54626)

Property Details

Size

3,499 - 4,999 sq. ft.
across 3 floors
7 Beds
7 Above Grade
6 Baths
6 Full

Parking

7 Parking Spaces
-

Lot

Size
1111′0″ * 1403′12″
Acres
-

Build

Year Built
-
Model Name
-
Basement
-
Exterior
Brick, Vinyl siding
Foundation
Poured Concrete
Builder Name
-
Stories
3
Flooring
-
Roof
-

Heating & Cooling

Heating
Radiant heat
Cooling
-

Utilities

Water
Municipal water
Sewer
Sanitary sewer
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
X11907415
Last Updated
January 13, 2025
Brokerage
RIGHT AT HOME REALTY
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