281 Lorne Avenue, Kitchener, Ontario

$1,499,900

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7

Beds

6

Baths

4,000

Square feet

About 281 Lorne Avenue

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:36535)

Features of 281 Lorne Avenue

Listing # 40687222
Price $1,499,900
Bedrooms 7
Bathrooms 6.00
Square Footage 4,000
Acres 0.00
Year Built 1965
Type Multi-family
Sub-Type Freehold

Community Information

Address 281 Lorne Avenue
Subdivision 325 - Forest Hill
City Kitchener
Province Ontario
Postal Code N2M3Y9

Amenities

Amenities Park, Public Transit, Schools, Shopping
Features Shared Driveway, Laundry- Coin operated
Parking Spaces 7
Is Waterfront No
Has Pool No

Interior

Appliances Water softener
Heating Natural gas Baseboard heaters, Radiant heat
Cooling None
Fireplace No
# of Stories 3
Has Basement No

Exterior

Exterior Brick, Vinyl siding
Foundation Poured Concrete

Listing Details

OfficeCourtesy Of Cindy Nguyen Of RIGHT AT HOME REALTY BROKERAGE

Listing Map