281 Lorne Avenue Kitchener, Ontario N2M 3Y9
$1,499,900
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:47351)
Property Details
| MLS® Number | 40687222 |
| Property Type | Multi-family |
| AmenitiesNearBy | Park, Public Transit, Schools, Shopping |
| Features | Shared Driveway, Laundry- Coin Operated |
| ParkingSpaceTotal | 7 |
Building
| BathroomTotal | 6 |
| BedroomsTotal | 7 |
| Appliances | Water Softener |
| BasementType | None |
| ConstructedDate | 1965 |
| CoolingType | None |
| ExteriorFinish | Brick, Vinyl Siding |
| FireProtection | Alarm System |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Baseboard Heaters, Radiant Heat |
| StoriesTotal | 3 |
| SizeInterior | 4000 Sqft |
| UtilityWater | Municipal Water |
Land
| AccessType | Highway Access |
| Acreage | No |
| LandAmenities | Park, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeFrontage | 93 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | R2 |
https://www.realtor.ca/real-estate/27766922/281-lorne-avenue-kitchener
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January 05 2025 11:14:52
Mississauga Real Estate Board
Right At Home Realty Brokerage