Insufficient data to provide an accurate estimate
281 Lorne Avenue



+13
7
bed6
bath7
parking4000
sqftMultiplex
* This unit size is calculated from property.ca data
$1,499,900
Instant Estimate Not Available
For Sale
115 days
on site$1,499,900
Instant Estimate Not Available
* This unit size is calculated from property.ca data

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Size
4000 sqft
Lot size
-
Street frontage
-
Possession
-
Price per sqft
$375
Taxes
$6,975 (2025)
Parking Type
-
Style
Other
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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. Don’t miss out—schedule your showing today!
Broker: RIGHT AT HOME REALTY BROKERAGE
MLS®#: 40687222
Property details
Parking:
7
Parking type:
-
Property type:
Multiplex
Heating type:
Baseboard,
Style:
Other
MLS Size:
4000 sqft
Lot front:
92 Ft
Listed on:
Jan 4, 2025
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Instant estimate:
Not Available
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About 281 Lorne Avenue
281 Lorne Avenue is a Kitchener multiplex for sale. It has been listed at $1499900 since January 2025. This 4000 sqft multiplex has 7 beds and 6 bathrooms.
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.
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