281 Lorne Avenue Kitchener, Ontario N2M 3Y9
MLS# 40687222 - Buy this house, and I'll buy Yours*

$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:51158)

Property Details

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

About 281 Lorne Avenue, Kitchener, Ontario

This For sale Property is located at 281 Lorne Avenue Multi-family, in the City of Kitchener. Nearby amenities include - Park, Public Transit, Schools, Shopping Multi-family has a total of 7 bedroom(s), and a total of 6 bath(s) . 281 Lorne Avenue has Baseboard heaters, Radiant heat heating and None. This house features a Fireplace.

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This Kitchener's exterior is finished with Brick, Vinyl siding

The Current price for the property located at 281 Lorne Avenue, Kitchener is $1,499,900 and was listed on MLS on :2025-01-05 23:14:52

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	4000 Sqft
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