305 Lorne Avenue

305 Lorne Avenue
305 Lorne Avenue
305 Lorne Avenue
+47
7
 bed
4
 bath
6
 parking
2083
 sqft
Multiplex
* This unit size is calculated from property.ca data
$999,900
Instant Estimate Not Available
For Sale
5 days
 on site
$999,900
Instant Estimate Not Available
* This unit size is calculated from property.ca data
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Size
2083 sqft
Lot size
6040 sqft
Street frontage
-
Possession
-
Price per sqft
$480
Taxes
$5,765.94 (2024)
Parking Type
-
Style
Other
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Description
Well maintained and updated investment property, this all-brick purpose-built 4-plex offers 3,149 sq ft of living space across 3 levels. This property includes two 3-bed units on the main and upper floors, each with a 4-pc bathroom, functional kitchen, and separate living/dining area. The 3rd floor unit also features a private balcony, offering a great spot to unwind and enjoy the outdoors. The lower-level offers a 1-bed unit with a 3-pc ensuite bath, kitchen and living room. Addition bachelor unit is bright and airy, thanks to its large windows, which allow natural light to flow through the space. The property is complemented by a 20x20 ft detached double garage/workshop providing potential additional income. Tenants can take advantage of the common area laundry room and the convenience of an on-site open-surface parking lot. With 3 long-standing tenants already in place and one vacant 3bedroom unit, this 4-plex presents a fantastic investment opportunity, providing immediate rental income and option for owner occupied unit as well. Location is a key selling point for this property. In a highly desirable rental area, residents enjoy easy access to the Laurentian Hills Power Centre, where grocery stores, restaurants, and essential services are all within reach. Numerous parks provide scenic walking and biking trails, making it perfect for those who enjoy an active lifestyle. Nearby McLennan Park, provides a variety of outdoor activities such as mountain biking trails, a toboggan hill, dog park, splash pad, and basketball courts. With several schools close by and the expressway just minutes away for easy access to the 401 and beyond, this 4-plex is ideally situated for convenience and recreation. Whether you're looking for an investment property or a multi-unit home, this 4-plex offers great potential in a highly desirable location.
Broker: RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3
MLS®#: 40712559
Property details
Parking:
6
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
Other
MLS Size:
2083 sqft
Lot front:
50 Ft
Lot depth:
119 Ft
Listed on:
Apr 7, 2025
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Instant estimate:
Not Available

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About 305 Lorne Avenue

305 Lorne Avenue is a Kitchener multiplex for sale. It has been listed at $999900 since April 2025. This 2083 sqft multiplex has 7 beds and 4 bathrooms.

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 305 Lorne Ave, Kitchener without a car, you can get around quite easily. The closest transit stop is a Bus Stop (Highland / Heiman) and is a short walk connecting you to Kitchener's public transit service. It also has route Strasburg-belmont nearby.

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