281 LORNE Avenue Kitchener

281 LORNE Avenue, Kitchener, Ontario

$1,499,900

  • 7 Beds
  • 6 Baths
  • 4,000 Square Feet

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! (id:23309)

  • Listing ID: 40687222
  • Property Type: Multi-family
  • Year Built: 1965

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Details

  • Amenities Nearby: Park, Public Transit, Schools, Shopping
  • Features: Shared Driveway, Laundry- Coin operated
  • Ownership: Freehold
  • Parking Spaces: 7
  • Transaction: For sale
  • Zoning Description: R2

Building

  • Appliances: Water softener
  • BasementType: None
  • Constructed Date: 1965
  • Cooling: None
  • Exterior Finish: Brick, Vinyl siding
  • Fireplace Present: False
  • Fire Protection: Alarm system
  • Foundation: Poured Concrete
  • Bathrooms (Total): 6
  • Heating: Baseboard heaters, Radiant heat
  • Heating Fuel: Natural gas
  • Size Interior: 4000 sqft
  • Stories Total: 3
  • Utility Water: Municipal water

Land

  • Access Type: Highway access
  • Amenities: Park, Public Transit, Schools, Shopping
  • Sewer: Municipal sewage system
  • Size Frontage: 93 ft
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 281 LORNE Avenue in Kitchener Ontario. It was last modified on January 4th, 2025. Contact Elma Dajdic to schedule a viewing or to discover other Kitchener real estate for sale.

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