305 Lorne Avenue

305 Lorne Avenue
305 Lorne Avenue
305 Lorne Avenue
+46
6+1
 bed
4
 bath
6
 parking
2000 - 2500
 sqft
Triplex
Sold for
$845,000
Listed for
$999,900
Sold on 
Jun 3, 2025
56 days
 on site
Sold for
$845,000
Listed for
$999,900
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Size
-
Lot size
6030 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$338 - $423
Taxes
$5,766 (2024)
Parking Type
-
Style
2-Storey
See what's nearby
Description
Well maintained and updated investment property, this all-brick purpose-multi-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 multi-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 multi-plex is ideally situated for convenience and recreation. Whether you're looking for an investment property or a multi-unit home, this building offers great potential in a highly desirable location.
Broker: RE/MAX REAL ESTATE CENTRE INC.
MLS®#: X12069535
Property details
Parking:
6
Parking type:
-
Property type:
Triplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
2000-2500 sqft
Lot front:
50 Ft
Lot depth:
119 Ft
Listed on:
Apr 8, 2025
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About 305 Lorne Avenue

305 Lorne Avenue is a Kitchener triplex which was for sale. It was listed at $999900 in April 2025 but is no longer available and has been taken off the market (Sold Conditional) on 16th of May 2025.. This 2000-2500 sqft triplex has 6+1 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 triplex.

Living in this triplex is easy. There is also Highland / Heiman Bus Stop, nearby, with route Strasburg-belmont nearby.