
List Price: $1,499,900
281 Lorne Avenue, Kitchener, N2M 3Y9
- By RIGHT AT HOME REALTY
Multiplex|MLS - #X11907415|New
7 Bed
6 Bath
3500-5000 Sqft.
None Garage
Price comparison with similar homes in Kitchener
Compared to 1 similar home
-3.2% Lower↓
Market Avg. of (1 similar homes)
$1,550,000
Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licences real estate agent for accurate comparison
Client Remarks
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!
Property Description
281 Lorne Avenue, Kitchener, N2M 3Y9
Property type
Multiplex
Lot size
N/A acres
Style
3-Storey
Approx. Area
N/A Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
None
Building size
N/A
Status
In-Active
Property sub type
Maintenance fee
$N/A
Year built
--

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281 Lorne Avenue, Kitchener, N2M 3Y9Nearby Places

Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Residential ResaleProperty ManagementPre Construction
MORTGAGE INFO
ESTIMATED PAYMENT
$0 Principal and Interest
$0 Property Taxes
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