281 Lorne Avenue Kitchener, Ontario N2M 3Y9
$1,499,900
Charming sixplex investment opportunity located in the Forest Hill neighborhood of Kitchener. This well-maintained property provides a solid income-generating opportunity for investors, featuring five 1-bedroom units, and one 2-bedroom unit, making it ideal for singles, couples, or small families. Recent improvements include new flooring at both the front and rear entrances, freshly painted entryways, and an updated exterior to enhance curb appeal and provide a more inviting experience for tenants. Units 1 and 2 have been recently updated with modern interiors, designed to attract quality tenants. The property is equipped with an up-to-date fire alarm and extinguisher system, providing safety and meeting compliance standards. With stable income, recent upgrades, and potential for growth, this sixplex provides a strong combination of reliability and opportunity for investors looking to add value to their portfolio. Dont miss out on this opportunity. (id:50886)
Property Details
| MLS® Number | X11907415 |
| Property Type | Multi-family |
| AmenitiesNearBy | Public Transit, Park, Schools |
| ParkingSpaceTotal | 7 |
Building
| BathroomTotal | 6 |
| BedroomsAboveGround | 7 |
| BedroomsTotal | 7 |
| Appliances | Water Softener, Water Heater, Refrigerator, Stove |
| ExteriorFinish | Brick, Vinyl Siding |
| FireProtection | Smoke Detectors |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Radiant Heat |
| StoriesTotal | 3 |
| SizeInterior | 3499.9705 - 4999.958 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit, Park, Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 117 Ft |
| SizeFrontage | 92 Ft ,7 In |
| SizeIrregular | 92.6 X 117 Ft |
| SizeTotalText | 92.6 X 117 Ft |
| ZoningDescription | R2 |
Utilities
| Sewer | Installed |
https://www.realtor.ca/real-estate/27767010/281-lorne-avenue-kitchener
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Cindy Nguyen
Salesperson
480 Eglinton Ave West
Mississauga, Ontario L5R 0G2
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January 06 2025 04:02:51
Toronto Real Estate Board
Right At Home Realty