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281 Lorne Avenue
Kitchener
N2M 3Y9
$1,499,900
Residential Income
beds: 7
baths: 6.0
4,000 sq. ft.
built: 1965
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 40687222
- Bedrooms:
- 7
- Bathrooms:
- 6
- Year Built:
- 1965
- Photos (10)
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Charming sixplex investment opportunity located in the Forest Hill neighborhood of Kitchener. This well-maintained property provides a solid income-generating opportunity for investors, featuring five 1-bedroom units, and one 2-bedroom unit, making it ideal for singles, couples, or small families.
Recent improvements include new flooring at both the front and rear entrances, freshly painted entryways, and an updated exterior to enhance curb appeal and provide a more inviting experience for tenants. Units 1 and 2 have been recently updated with modern interiors, designed to attract quality tenants. The property is equipped with an up-to-date fire alarm and extinguisher system, providing safety and meeting compliance standards.
With stable income, recent upgrades, and potential for growth, this sixplex provides a strong combination of reliability and opportunity for investors looking to add value to their portfolio. Don’t miss out on this opportunity—schedule your showing today!
- Property Type:
- Residential Income
- Property SubType:
- Multi-6-9 Unit
- Year built:
- 1965 (Age: 60)
- Listing General Location:
- 325 - Forest Hill, 3 - Kitchener West
- Bedrooms:
- 7
- Bathrooms:
- 6.0 (Full:-/Half:-)
- Lot Frontage:
- 92'7"
- Kitchens:
- 0
- County Or Parish:
- Waterloo
- Features:
- Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
- Construction:
- Brick, Vinyl Siding
- Basement:
- None
- Foundation:
- Poured Concrete
- Roof:
- Flat
- Year Roof Replaced:
- 2022
- Number of Storeys:
- 3
- Number of Buildings:
- 0
- Total Floor Area:
- 4,000 sq. ft.
- Finished Area Above Grade:
- 4,000 sq. ft.
- Fireplace:
- false
- Laundry Features:
- Coin Operated
- Water Supply:
- Municipal
- Sewer:
- Sewer (Municipal)
- Cooling:
- None
- Heating:
- Baseboard, Natural Gas, Radiant
- Other,Stove And Refrigerator In Each Unit And Coin Laundry Machine Is Included "as Is" Conditions
- Water Softener, Refrigerator, Stove
- Tenant Belonging
- false
- No
- HOMER WATSON BLVD RIGHT ON HOFFMAN ST, LEFT ON KEHL ST, LEFT ON HEIMAN ST, RIGHT ON LORNE AVE
- No
- Alarm System, Carbon Monoxide Detector(s)
- Survey Year:
- 2024
- HST Applicable To Sale Price:
- Included
- Features:
- Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
- Zoning:
- R2
- Lot Site Features:
- Highway Access, Park, Public Transit, Schools, Shopping Nearby
- Features:
- Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
- Parking:
- Mutual/Shared
- # Of Total Parking Spaces:
- 7.0
- # Of Open Parking Spaces:
- 7.0
- Driveway Parking:
- Outside/Surface/Open
- Num Apartment Units:
- 0
- Num Bachelor Units:
- 0
- Num Efficiency Units:
- 0
- Num Loft Units:
- 0
- Num Other Units:
- 0
- Num Penthouse Units:
- 0
- Num Studio Units:
- 0
- Listed Date:
- Jan 04, 2025
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Listed by RIGHT AT HOME REALTY BROKERAGE
Data was last updated January 10, 2025 at 11:50 PM (UTC)
Area Statistics
- Listings on market:
- 13
- Avg list price:
- $875,000
- Min list price:
- $1
- Max list price:
- $4,495,000
- Avg days on market:
- 72
- Min days on market:
- 1
- Max days on market:
- 303
- Avg price per sq.ft.:
- $401.21
These statistics are generated based on the current listing's property type
and located in
3 - Kitchener West. Average values are
derived using median calculations.
- SURESH KUMAR
- RE/MAX TWIN CITY REALTY INC.
- 1 (647) 9017116
- Contact by Email
Contact Us
Direct: 647-901-7116
info@sureshkangayam.com
Head Office
901 Victoria Street, North
Kitchener, ON, N2B 3C3
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.