Homes for sale - 305 Lorne Avenue, Kitchener, ON N2M 3Y9

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Real People Real Estate

realpeoplere@gmail.com +1(519) 865-6393

Listed by Rick Luong • RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3

$ 999,900

Est. payment | -/mo

7 Beds

4 Baths

2,083 SqFt

Save Virtual Tour

$ 999,900

Est. payment | -/mo

Save Virtual Tour

7 Beds

4 Baths

2,083 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-4 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 2,083 sqft

Price per Sqft $480

MLS Listing ID 40712559

Bedrooms 7

Abv Grd Liv Area 3,149

Originating Board Waterloo Region

Year Built 1964

Annual Tax Amount $5,765

Property Sub-Type Multi-4 Unit

Property Description

Well maintained and updated investment property, this all-brick purpose-built 4-plex offers 3,149 sq ft of living space across 3 levels. This property includes two 3-bed units on the main and upper floors, each with a 4-pc bathroom, functional kitchen, and separate living/dining area. The 3rd floor unit also features a private balcony, offering a great spot to unwind and enjoy the outdoors. The lower-level offers a 1-bed unit with a 3-pc ensuite bath, kitchen and living room. Addition bachelor unit is bright and airy, thanks to its large windows, which allow natural light to flow through the space. The property is complemented by a 20x20 ft detached double garage/workshop providing potential additional income. Tenants can take advantage of the common area laundry room and the convenience of an on-site open-surface parking lot. With 3 long-standing tenants already in place and one vacant 3bedroom unit, this 4-plex presents a fantastic investment opportunity, providing immediate rental income and option for owner occupied unit as well. Location is a key selling point for this property. In a highly desirable rental area, residents enjoy easy access to the Laurentian Hills Power Centre, where grocery stores, restaurants, and essential services are all within reach. Numerous parks provide scenic walking and biking trails, making it perfect for those who enjoy an active lifestyle. Nearby McLennan Park, provides a variety of outdoor activities such as mountain biking trails, a toboggan hill, dog park, splash pad, and basketball courts. With several schools close by and the expressway just minutes away for easy access to the 401 and beyond, this 4-plex is ideally situated for convenience and recreation. Whether you're looking for an investment property or a multi-unit home, this 4-plex offers great potential in a highly desirable location.

Location

Province ON

County Waterloo

Area 3 - Kitchener West

Zoning R2

Direction HOMER WATSON BLVD RIGHT ON HOFFMAN ST, LEFT ON KEHL ST, LEFT ON HEIMAN ST, RIGHT ON LORNE AVE

Rooms

Other Rooms Workshop

Basement Walk-Up Access, Full, Finished

Kitchen 0

Interior

Interior Features Auto Garage Door Remote(s), Separate Heating Controls, Separate Hydro Meters

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Dishwasher, Refrigerator, Stove

Laundry Common Area, Shared

Exterior

Exterior Feature Balcony, Separate Hydro Meters, Storage Buildings

Parking Features Detached Garage, Garage Door Opener

Garage Spaces 2.0

Waterfront Description Lake/Pond

Roof Type Asphalt Shing

Lot Frontage 50.75

Lot Depth 119.02

Garage Yes

Building

Lot Description Ample Parking, City Lot, Near Golf Course, Highway Access, Hospital, Park, Playground Nearby, Public Parking, Public Transit, Schools, Shopping Nearby, Trails

Faces HOMER WATSON BLVD RIGHT ON HOFFMAN ST, LEFT ON KEHL ST, LEFT ON HEIMAN ST, RIGHT ON LORNE AVE

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 224950113

Ownership Freehold/None

Virtual Tour https://unbranded.youriguide.com/305_lorne_ave_kitchener_on/

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+1(519) 865-6393

realpeoplere@gmail.com

174 Stanley Street, Brantford, N3S, 7S3., Canada

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