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281 LORNE AVENUE Kitchener
  • 281 LORNE AVENUE Kitchener
  • 281 LORNE AVENUE Kitchener
  • 281 LORNE AVENUE Kitchener
  • 281 LORNE AVENUE Kitchener
  • 281 LORNE AVENUE Kitchener
  • 281 LORNE AVENUE Kitchener
  • 281 LORNE AVENUE Kitchener
  • 281 LORNE AVENUE Kitchener
  • 281 LORNE AVENUE Kitchener
  • 281 LORNE AVENUE Kitchener

281 LORNE AVENUE, Kitchener, Ontario

$1,499,900

  • 7 Beds
  • 6 Baths

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:23309)

  • Listing ID: X11907415
  • Property Type: Multi-family
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Details

  • Amenities Nearby: Public Transit, Park, Schools
  • Parking Spaces: 7
  • Transaction: For sale
  • Zoning Description: R2

Building

  • Appliances: Water softener, Water Heater, Refrigerator, Stove
  • Bedrooms Main Level: 7
  • Exterior Finish: Brick, Vinyl siding
  • Fireplace Present: False
  • Fire Protection: Smoke Detectors
  • Foundation: Poured Concrete
  • Bathrooms (Total): 6
  • Heating: Radiant heat
  • Heating Fuel: Natural gas
  • Size Interior: 3499.9705 - 4999.958 sqft
  • Stories Total: 3
  • Type: Other
  • Utility Water: Municipal water

Land

  • Amenities: Public Transit, Park, Schools
  • Sewer: Sanitary sewer
  • Size Frontage: 92 ft ,7 in
  • Size Irregular: 92.6 x 117 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 5th, 2025. Contact the Lausic Team to schedule a viewing or to discover other Kitchener real estate for sale.

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