281 Lorne Avenue

281 Lorne Avenue
281 Lorne Avenue
281 Lorne Avenue
+7
7
 bed
6
 bath
7
 parking
4000
 sqft
Multiplex
* This unit size is calculated from property.ca data
$1,499,900
Instant Estimate Not Available
For Sale
89 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

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 4000 sqft.

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

For those residents of 281 Lorne Ave, Kitchener without a car, you can get around rather easily. The closest transit stop is a Bus Stop (Highland / Path to Charles Best) and is not far connecting you to Kitchener's public transit service. It also has route Strasburg-belmont nearby.

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