ON
Kitchener
N2M3Y9
281 Lorne Avenue
281 Lorne Avenue, Kitchener, ON N2M3Y9
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Listing Type
Multi Family
Listing Status
active
10
$1,499,900

Home Details for 281 Lorne Avenue

Price
$1,499,900
Type
Residential Income
Bedrooms
7
Bathrooms
6.0
Square feet
NaN
Parking
Days on site
311
Listing #
27767010
Property 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. Dont miss out schedule your showing today! (id:31684)

Property Features
  • Heating Information
    • Natural Gas
    • Radiant
Listing Courtesy: RIGHT AT HOME REALTY
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EXIT INTEGRITY REALTY, BROKERAGE
240 Holiday Inn Drive #F, Cambridge, ON N3C 3X4
Kate Hoekstra
License #: 5012081
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Office
647 618 3158
Agent
647 618 3158
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