• Mobile: 416-629-2234
  • Office: 905-270-2000
  • Fax: 905-270-0047

$999,900
Available - For Sale
Listing ID: X12069535
305 Lorne Aven , Kitchener, N2M 3Y9, Waterloo


Well maintained and updated investment property, this all-brick purpose-multi-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 multi-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 multi-plex is ideally situated for convenience and recreation. Whether you're looking for an investment property or a multi-unit home, this building offers great potential in a highly desirable location.
Price $999,900
Taxes: $5766.00
Assessment Year: 2024
Occupancy: Owner+T
Address: 305 Lorne Aven , Kitchener, N2M 3Y9, Waterloo
Directions/Cross Streets: Highland & Stirling
Rooms: 14
Rooms +: 10
Bedrooms: 6
Bedrooms +: 1
Family Room: F
Basement: Finished, Walk-Up
Washroom Type No. of Pieces Level
Washroom Type 1 4 Second
Washroom Type 2 4 Main
Washroom Type 3 4 Lower
Washroom Type 4 3 Lower
Washroom Type 5 0
Washroom Type 6 4 Second
Washroom Type 7 4 Main
Washroom Type 8 4 Lower
Washroom Type 9 3 Lower
Washroom Type 10 0
Washroom Type 11 4 Second
Washroom Type 12 4 Main
Washroom Type 13 4 Lower
Washroom Type 14 3 Lower
Washroom Type 15 0
Total Area: 0.00
Approximatly Age: 51-99
Property Type: Triplex
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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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REAL ESTATE CENTRE INC.
Personal Picture
Malik Ashfaque
Sales Representative
Dir:
416-629-2234
Bus:
905-270-2000
Fax:
905-270-0047
 
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At a Glance:
Type: Freehold - Triplex
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
Locatin Map:
Payment Calculator:
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