281 LORNE Avenue, Kitchener, ON N2M3Y9 – 40687222

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Katie Van Nes

katie@mostreferred.expert +1(604) 855-8228

$ 1,499,900

Est. payment | -/mo

7 Beds

6 Baths

4,000 SqFt

Save

$ 1,499,900

Est. payment | -/mo

Save

7 Beds

6 Baths

4,000 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $374

Subdivision 325 - Forest Hill

MLS® Listing ID 40687222

Bedrooms 7

Originating Board Cornerstone - Mississauga

Year Built 1965

Property Sub-Type Freehold

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. Don't miss out—schedule your showing today! (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters, Radiant heat,

Cooling None

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 7

Private Pool No

Building

Story 3

Sewer Municipal sewage system

Others

Ownership Freehold

Listed by RIGHT AT HOME REALTY BROKERAGE

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 855-8228

katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A, 2J2, Canada

281 LORNE Avenue Kitchener, ON N2M3Y9