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$1,499,900
Available - For Sale
Listing ID: X11907415
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.
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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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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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


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

 

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