281 Lorne Avenue, Kitchener ON N2M 3Y9

$ 1,499,900
281 Lorne Avenue, Kitchener ON N2M 3Y9,
Favorite
Your search results

Overview

  • Updated On:
  • January 13, 2025
  • 7 Bedrooms
  • 6 Bathrooms
  • 4,000 ft2

Description

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. Don’t miss out—schedule your showing today!

Address: 281 Lorne Avenue, Kitchener ON N2M 3Y9
City:
State/County:
Zip: N2M 3Y9
Country: CA
Open In Google Maps
Property Id : 2401236
Price: $ 1,499,900
Property Size: 4,000 ft2
Bedrooms: 7
Bathrooms: 6
Other Features
Has Heating System
Open Parking
Refrigerator
Stove
Water Softener
$ 1.5M
$ 1,499,900
7 BD 6 BA 4,000 ft2
×
Leaflet | © OpenStreetMap contributors
$ 5,815.41
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 5,815.41

Mazher Latif

Real Estate Agent
Member of: Cityscape Real Estate Ltd., Brokerage

Contact Me

Schedule a showing?
Call +1 (519) 209-6934 WhatsApp

Similar Listings

Multi Residential Investment
Active

56 Erie Avenue, Hamilton ON L8N 2W6

$ 789,000
Income-Generating Legal Duplex in the Heart of Hamilton! An incredible investment opportun ...
Income-Generating Legal Duplex in the Heart of Hamilton! An incredible investment opportunity awaits in the core of ...
2,500 ft2details
Multi Residential Investment
Active

507 Wilson Street, Hamilton ON L8L 1T4

$ 949,000
Turnkey Multi Family Investment Opportunity in the Heart of Hamilton! An exceptional oppor ...
Turnkey Multi Family Investment Opportunity in the Heart of Hamilton! An exceptional opportunity to own a fully ren ...
3,000 ft2details
Multi Residential Investment
Active

47 Rose Avenue, Brantford ON N3S 2M3

$ 459,900
BRICK DUPLEX CLOSE TO UNIVERSITY AND DOWNTOWN. GREAT INCOME POTENTIAL, TWO BEDROOM LOWER U ...
BRICK DUPLEX CLOSE TO UNIVERSITY AND DOWNTOWN. GREAT INCOME POTENTIAL, TWO BEDROOM LOWER UNIT, TWO BEDROOM UPPER UN ...
4 2 1,421 ft2details
Multi Residential Investment
Active

93 Brybeck Crescent, Kitchener ON N2M 2C5

$ 1,200,000
Discover a prime investment opportunity in Victoria Hills with this all-brick, purpose-bui ...
Discover a prime investment opportunity in Victoria Hills with this all-brick, purpose-built Triplex. Nestled close ...
8 3 2,174 ft2details

Compare Listings

Mazher Latif