10
See all 10 photos
$1,499,900
Est. payment /mo
7 BD
6 BA
New
281 Lorne AVE Kitchener, ON N2M 3Y9
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UPDATED:
01/06/2025 03:18 AM
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
MLS Listing ID X11907415
Style 3-Storey
Bedrooms 7
Annual Tax Amount $6,975
Tax Year 2025
Property Description
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. Dont miss out on this opportunity.
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room Yes
Basement None
Kitchen 6
Interior
Interior Features Water Softener, Water Heater
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Mutual, Other
Garage Spaces 7.0
Pool None
Roof Type Flat
Lot Depth 117.0
Total Parking Spaces 7
Building
Unit Features Public Transit,Park,School
Foundation Poured Concrete
Others
Security Features Carbon Monoxide Detectors,Smoke Detector
Listed by RIGHT AT HOME REALTY