281 Lorne Avenue

281 Lorne Avenue
281 Lorne Avenue
281 Lorne Avenue
+7
7
 bed
6
 bath
7
 parking
3500 - 5000
 sqft
Multiplex
$1,499,900
For Sale
112 days
 on site
$1,499,900
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Size
-
Lot size
10830 sqft
Street frontage
-
Possession
2025-02-03
Price per sqft
$300 - $429
Taxes
$6,975 (2025)
Parking Type
-
Style
3-Storey
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Description
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!
Broker: RIGHT AT HOME REALTY
MLS®#: X11907415
Property details
Parking:
7
Parking type:
-
Property type:
Multiplex
Heating type:
Radiant
Style:
3-Storey
MLS Size:
3500-5000 sqft
Lot front:
92 Ft
Lot depth:
117 Ft
Listed on:
Jan 4, 2025
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Instant estimate:
orto view instant estimate
$65,771
lower than listed price
i
High
$1,464,115
Mid
$1,434,129
Low
$1,340,423
33 Roland Street
1/49
$1,625,000
14 days
33 Roland Street
4BD
5BA
10 Parking
3,500-5,000 sqft
MLS#: X12078367
ROYAL LEPAGE WOLLE REALTY
14 days

About 281 Lorne Avenue

Located at 281 Lorne Avenue, this Kitchener multiplex is available for sale. 281 Lorne Avenue has an asking price of $1499900, and has been on the market since January 2025. This multiplex has 7 beds, 6 bathrooms and is 3500-5000 sqft.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this multiplex.

Transit riders take note, 281 Lorne Ave, Kitchener is not far to the closest public transit Bus Stop (Highland / Path to Charles Best) with route Strasburg-belmont.