281 Lorne Avenue Kitchener, Ontario N2M 3Y9

7 Bedroom 6 Bathroom 4,000 ft2
None Baseboard Heaters, Radiant Heat

$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:56069)

Property Details

MLS® Number 40687222
Property Type Multi-family
Neigbourhood Southdale
Amenities Near By Park, Public Transit, Schools, Shopping
Features Shared Driveway, Laundry- Coin Operated
Parking Space Total 7

Building

Bathroom Total 6
Bedrooms Total 7
Appliances Water Softener
Basement Type None
Constructed Date 1965
Cooling Type None
Exterior Finish Brick, Vinyl Siding
Fire Protection Alarm System
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Baseboard Heaters, Radiant Heat
Stories Total 3
Size Interior 4,000 Ft2
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Park, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Frontage 93 Ft
Size Total Text Under 1/2 Acre
Zoning Description R2

https://www.realtor.ca/real-estate/27766922/281-lorne-avenue-kitchener

Contact Us

Contact us for more information

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Cindy Nguyen
Salesperson

(226) 989-5165

Right At Home Realty Brokerage
480 Eglinton Avenue West
Mississauga, Ontario L5R 0G2

(905) 565-9200
(905) 565-6677
www.rightathomerealty.com/

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