agent pic
281 Lorne Avenue Image 1

$1,499,900

Jan 5Multiplex For Sale
bedrooms7bed
washrooms3bath
MLS - #X11907415

281 Lorne Avenue, Kitchener, ON N2M 3Y9

0
Similar Homes Found
$0
Average Price
149990000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Multiplex

Lot size

N/A

Style

3-Storey

Approx. Area

N/A

About 281 Lorne Avenue

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!

Home Overview

Last updated

Jan 13

Virtual tour

None

Basement information

None

Building size

--

Status

In-Active

Property sub type

Multiplex

Maintenance fee

$N/A

Year built

--

Listed by RIGHT AT HOME REALTY

Additional Details

Basement:None
Cooling:None
Heating:Radiant
Parking Features:Mutual, Other

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

Walking Icon

Walk Score for 281 Lorne Avenue

Some information about this property - Lorne Avenue

Book a Showing

Find your dream home ✨

I agree to receive marketing and customer service calls and text messages from homepapa. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe. Privacy Policy & Terms of Service.

Similar Multiplex in Toronto C10 with 7 bedrooms