281 Lorne Avenue, Kitchener | Image 1

281 Lorne Avenue

Kitchener

  • - bed - bath - sqft
$X,XXX,XXX Listed: $X,XXX,XXX
Sold

Sold on Mar 04, 2024

Note: Property is not currently for sale or for rent.

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  • Type: Multiplex

  • Style: 3-Storey

  • Size: 3500 sqft

  • Lot Size: 90.89 x 117.04 Feet

  • Age: No Data

  • Taxes: $6,642 per year

  • Days on Site: 12 Days

  • Added: Feb 21, 2024 (1 week on market)

  • Updated:

  • Last Checked: 8 hours ago

  • MLS®#: X8084634

  • Listed By: Re/max twin city realty inc.

Welcome to an appealing investment opportunity in Kitchener's Forest Hill area with a history of long-term tenancy. This 6plex, proudly owned by the original owner, offers a mix of units - Four 1-bedroom, One Bachelor, and One 2-bedroom. Large, bright windows in each unit contribute to a warm atmosphere. While well maintained, the property may benefit from some updates, offering investors the opportunity to enhance its value further. A coin-operated laundry in the common area adds convenience for tenants, also provides an additional income stream for investors. Featuring parking for 6+ cars, the property ensures ample parking space for residents. Additionally, each unit boasts a unique front and back door access, providing convenient entry and exit options. Additionally, there's a nice side yard for tenants to relax or barbecue. Conveniently located near the expressway, public transit, and shopping centers, this 6plex stands as a solid investment opportunity.

Status

  • Days on Market: 12

  • Last Status: Sold

  • Sold Date: Mar 04, 2024

  • Closed Date: May 01, 2024

  • Expiry Date: May 30, 2024

  • Sold Price: $1,050,000

  • Unavailable Date: Mar 07, 2024

  • Input Date: Feb 22, 2024

Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 3-Storey

  • Size (sq ft): 3500

  • Area: Kitchener

  • Availability Date: FLEXIBLE

Inside

  • Bedrooms: 7

  • Bathrooms: 6

  • Kitchens: 6

  • Rooms: 25

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Laundry Level: Lower

  • Washrooms: 6

Building

  • Basement: None

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Mutual

  • Garage Type: None

  • Covered Parking Spaces: 6

  • Total Parking Spaces: 6

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 7 PL 1156 KITCHENER; KITCHENER

  • Taxes: $6,642

Land

  • Cross Street: Stirling Ave S To Lo

  • Municipality District: Kitchener

  • Fronting On: West

  • Parcel Number: 224950118

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 117.04 Feet

  • Lot Frontage: 90.89 Feet

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Car-Dependent

  • Most errands require a car.
49 /100

Good Transit

  • Some errands can be accomplished by public transportation.
50 /100

Bikeable

  • Some errands can be accomplished on bike.
57 /100
Map of 281 Lorne Avenue, Kitchener
7-8

Courtland Avenue Public School

Elementary: Public
1.14 km
JK-8

Monsignor Haller Catholic Elementary School

Elementary: Catholic
1.63 km
JK-8

St Bernadette Catholic Elementary School

Elementary: Catholic
0.11 km
JK-6

Queen Elizabeth Public School

Elementary: Public
0.53 km
JK-6

J F Carmichael Public School

Elementary: Public
1.26 km
JK-6

Forest Hill Public School

Elementary: Public
1.38 km
Pre-Grade 9-12

Forest Heights Collegiate Institute

Secondary: Public
2.60 km
Pre-Grade 9-12

Kitchener Waterloo Collegiate and Vocational School

Secondary: Public
2.84 km
Pre-Grade 9-12

Bluevale Collegiate Institute

Secondary: Public
4.70 km
Pre-Grade 9-12

Eastwood Collegiate Institute

Secondary: Public
2.58 km
9-12

St Mary's High School

Secondary: Catholic
2.36 km
Pre-Grade 9-12

Cameron Heights Collegiate Institute

Secondary: Public
1.52 km

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