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$1,499,900
Available - For Sale
Listing ID: X11907415
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!
Price $1,499,900
Taxes: $6,975
Address: 281 Lorne Ave , Kitchener, N2M 3Y9, Ontario
Lot Size: 92.57 x 117 (Feet)
Directions/Cross Streets: HOMER WATSON BLVD RIGHT ON HOFFMAN ST, LEFT ON KEHL ST, LEFT ON HEIMAN ST, RIGHT ON LORNE AVE
Rooms: 6
Bedrooms: 7
Washrooms: 6
Kitchens: 6
Family Room: Y
Basement: None
No. of Pieces Level
Washroom 1:  3
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Vinyl Siding
Garage Type: None
(Parking/)Drive: Mutual
Drive Parking Spaces: 7
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 3500-5000
Property Features: Park
Public Transit
School
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Radiant
Central Air Conditioning: None
Central Vac: N
Sewers: Sewers
Water: Municipal
Utilities-Hydro: Y
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RIGHT AT HOME REALTY

281 Lorne Ave , Kitchener, N2M 3Y9, Ontario

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Multiplex
Area: Waterloo
Municipality: Kitchener
Neighbourhood:
Style: 3-Storey
Lot Size: 92.57 x 117.00(Feet)
Approximate Age: 51-99
Tax: $6,975
Maintenance Fee: $0
Beds: 7
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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