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$999,900
Available - For Sale
Listing ID: X12069535
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.
Price $999,900
Taxes: $5,766
Assessment Year: 2024
Occupancy by: Owner+T
Address: 305 Lorne Aven , Kitchener, N2M 3Y9, Waterloo
Directions/Cross Streets: Highland & Stirling
Rooms: 14
Rooms +: 10
Bedrooms: 6
Bedrooms +: 1
Washrooms: 4
Family Room: F
Basement: Finished
Walk-Up
No. of Pieces Level
Washroom 1:  4 Second
Washroom 2:  4 Main
Washroom 3:  4 Lower
Washroom 4:  3 Lower
Washroom 5:  0
Property Type: Fourplex
Style: 2-Storey
Exterior: Brick
Garage Type: Detached
(Parking/)Drive: Unreserved
Drive Parking Spaces: 4
Park #1
Parking Type: Unreserved
Park #2
Parking Type: Unreserved
Park #3
Parking Type: Private
Pool: None
Other Structures: Workshop
Approximatly Age: 51-99
Approximatly Square Footage: 2000-2500
Property Features: Hospital
Park
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
Utilities-Sewers: Y
Utilities-Gas: Y
Utilities-Municipal Water: Y
Utilities-Telephone: Y
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REAL ESTATE CENTRE INC.

305 Lorne Aven , Kitchener, N2M 3Y9, Waterloo


 
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At a Glance:
Type: Freehold - Fourplex
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
Style: 2-Storey
Lot Size: x 119.02(Feet)
Approximate Age: 51-99
Tax: $5,766
Maintenance Fee: $0
Beds: 6+1
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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