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Last Updated : 77 Days ago
281 Lorne Ave, Kitchener, Ontario,
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281 Lorne Ave, Kitchener MLS Number: X11907415

Kitchener, Waterloo, ON, N2M 3Y9

$1,499,900

Status: For Sale

  • 7+ Beds
  • 6 Baths
  • Area : 3500-5000 sqft
  • Property Type: Residential (Multiplex)
  • Property Taxes : $6975.00 (Tax Year:2025)
  • Listing Courtesy : Right At Home Realty

281 Lorne Ave 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!

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281 Lorne Ave Property Facts

Property Type :Residential
MLS Number :X11907415
Listing Type :Sale
Property Age :51-99 Years
Possession Date :
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Last Updated :13 Jan, 2025 (77 Days ago)
Source :TRREB
Area :Waterloo
Postal Code : N2M 3Y9
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281 Lorne Ave Property Price & Tax Insights

Price : $1,499,900
Property Taxes :$6975.00
Tax Year :2025

281 Lorne Ave, Kitchener Property Details

Bedrooms :7 +
No. of Rooms :6
Air Conditioning :None
Heating :Radiant
Cross Street :HOMER WATSON BLVD RIGHT ON HOFFMAN ST, LEFT ON KEHL ST, LEFT ON HEIMAN ST, RIGHT ON LORNE AVE
Bathrooms :6
Fuel :Gas
Approx Square Footage :3500-5000 sqft

Exterior Information

Exterior Finish :Brick, Vinyl Siding
Parking Space :7
Basement :None
Garage :None
Park :Park

281 Lorne Ave, Kitchener - Price History

2025-01

04 Jan, 2025

TREB #X11907415

Listed

$1,499,900

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Rishi Raj Tiwari
Sales Representative / Broker
64X-49X-XXXX
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281 Lorne Ave - Location Map and Landmarks

  • St. Mary's General, Waterloo 0.98 km
  • Grand River, Waterloo 3.04 km
  • Cambridge Memorial, Waterloo 14.55 km
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FAQs: 281 Lorne Ave, Kitchener

  • Q:What is the Area Size of the 281 Lorne Ave In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately 3500-5000 sq. ft and is strategically located in Waterloo. The MLS No of this project is X11907415 and the Project is located in Ontario, Canada
  • Q: Does this Project 281 Lorne Ave available for Sale ?

    A: The project 281 Lorne Ave is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 281 Lorne Ave is Offering?

    A:Square Yards is giving a Cashback of $7,500 if you buy this property from us, however there are several key features offered by the 281 Lorne Ave. You get 7+ Beds with 6 Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Parking Space available in this 281 Lorne Ave?

    A: 281 Lorne Ave in Waterloo offers a total of 7 parking spaces for residents.
  • Q:How many Beds & Baths available in 281 Lorne Ave, Waterloo?

    A: 281 Lorne Ave, Waterloo comes with 7+ Beds for maximum convenience and space. There are 6 baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Waterloo, On?

    A:Waterloo, Ontario is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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