Thumbnail 1
Thumbnail 2
Thumbnail 3
Thumbnail 4
Thumbnail 5
Thumbnail 6
Thumbnail 7
Thumbnail 8
Thumbnail 9
Thumbnail 10

281 Lorne Avenue

Kitchener, N2M 3Y9
7 Beds
6 Bath
3500-5000 sqft

$1,499,900

Est. Payment
$5,729/mo*
*Based on 20% down, 4% interest, 30-year term
Listed by RIGHT AT HOME REALTY
MultiplexMLS #X11907415New

Client Remarks

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!

About This Property

281 Lorne Avenue, Kitchener, N2M 3Y9

Property Type
Multiplex
Lot Size
N/A
Style
3-Storey
Living Area
N/A

Home Overview

Basic Information

Last Updated
Virtual Tour
N/A
Basement
None
Building Size
N/A
Status
In-Active
Property Type
Multiplex
Maintenance Fee
N/A
Year Built
N/A
satellite view
Walk around the neighborhood
281 Lorne Avenue, Kitchener, N2M 3Y9
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 281 Lorne Avenue

Default Agent

Book a Showing

Tour this home with Shally

I agree to receive marketing and customer service calls and text messages from Homebaba Technologies. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe. Privacy Policy & Terms of Service.

Frequently Asked Questions

Can't find what you're looking for? Contact our support team for more information.

Similar undefined nearby in Kitchener

Check out 100+ listings near this property. Listings updated daily
property image
Detached
$1,095,000
bedrooms5
washrooms4
ruler
524 Snowdrop Court Kitchener, ON

Listed by: Realty Executives Edge Inc

property image
Condo Apartment
$799,000
bedrooms2
washrooms3
ruler
2 Lancaster Street Kitchener, ON

Listed by: TRILLIUMWEST REAL ESTATE

property image
Condo Townhouse
$379,999
bedrooms1
washrooms1
ruler
1662 Fischer Hallman Road Kitchener, ON

Listed by: RE/MAX REAL ESTATE CENTRE INC.

property image
Detached
$1,399,900
bedrooms3
washrooms4
ruler
31 Coopershawk Street Kitchener, ON

Listed by: TRILLIUMWEST REAL ESTATE

Real Estate Agent

Looking for Your Perfect Home?

Let us help you find the perfect home that matches your lifestyle

I agree to receive marketing and customer service calls and text messages from Homebaba Technologies. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe. Privacy Policy & Terms of Service.