$1,499,900
Available - For Sale
Listing ID: X11907415
281 Lorne Ave , Kitchener, N2M 3Y9, Ontario
| 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. Dont miss out on this opportunity. |
| Price | $1,499,900 |
| Taxes: | $6975.00 |
| Address: | 281 Lorne Ave , Kitchener, N2M 3Y9, Ontario |
| Lot Size: | 92.57 x 117.00 (Feet) |
| Directions/Cross Streets: | HOMER WATSON BLVD RIGHT ON HOFFMAN ST, LEFT ON KEHL ST, LEFT ON HEIMAN ST, RIGHT ON LORNE AVE |
| Rooms: | 6 |
| Bedrooms: | 7 |
| Bedrooms +: | |
| Kitchens: | 6 |
| Family Room: | Y |
| Basement: | None |
| Approximatly Age: | 51-99 |
| Property Type: | Multiplex |
| Style: | 3-Storey |
| Exterior: | Brick, Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Mutual |
| Drive Parking Spaces: | 7 |
| Pool: | None |
| Approximatly Age: | 51-99 |
| Approximatly Square Footage: | 3500-5000 |
| Property Features: | Park, Public Transit, School |
| Fireplace/Stove: | N |
| Heat Source: | Gas |
| Heat Type: | Radiant |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Sewers: | Sewers |
| Water: | Municipal |
| Utilities-Hydro: | Y |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RIGHT AT HOME REALTY |
|
|
Sharon Soltanian
Broker Of Record
Dir:
416-892-0188
Bus:
416-901-8881
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Waterloo |
| Municipality: | Kitchener |
| Style: | 3-Storey |
| Lot Size: | 92.57 x 117.00(Feet) |
| Approximate Age: | 51-99 |
| Tax: | $6,975 |
| Beds: | 7 |
| Baths: | 6 |
| Fireplace: | N |
| Pool: | None |
Locatin Map:
Payment Calculator:
