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305 Lorne Avenue
Kitchener
N2M 3Y9
$999,900
Residential Income
beds: 7
baths: 4.0
3,149 sq. ft.
built: 1964
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 40712559
- Bedrooms:
- 7
- Bathrooms:
- 4
- Year Built:
- 1964
- Photos (50)
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Well maintained and updated investment property, this all-brick 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 building is ideally situated for convenience and recreation. Whether you're looking for an investment property or a multi-unit home, this multi-plex offers great potential in a highly desirable location.
- Property Type:
- Residential Income
- Property SubType:
- Multi-4 Unit
- Year built:
- 1964 (Age: 61)
- Listing General Location:
- 325 - Forest Hill, 3 - Kitchener West
- Bedrooms:
- 7
- Bathrooms:
- 4.0 (Full:-/Half:-)
- Lot Details:
- 119.02 x 50.75
- Lot Depth:
- 119'¼"
- Lot Frontage:
- 50'9"
- Kitchens:
- 0
- County Or Parish:
- Waterloo
- Features:
- Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No
- Construction:
- Brick
- Basement:
- Walk-Up Access, Full, Finished
- Foundation:
- Poured Concrete
- Roof:
- Asphalt Shing
- Year Roof Replaced:
- 2012
- Number of Storeys:
- 2
- Number of Buildings:
- 0
- Other Structures:
- Workshop
- Total Floor Area:
- 3,149 sq. ft.
- Finished Area Above Grade:
- 2,083 sq. ft.
- Finished Area Below Grade:
- 1,066 sq. ft.
- Fireplace:
- false
- Laundry Features:
- Common Area, Shared
- Water Supply:
- Municipal
- Sewer:
- Sewer (Municipal)
- Cooling:
- Central Air
- Heating:
- Forced Air, Natural Gas
- Age Electric:
- 2020
- Age Furnace:
- 2019
- Age Plumbing:
- 2020
- Carbon Monoxide Detector,Garage Door Opener,Smoke Detector
- Dishwasher, Refrigerator, Stove
- Auto Garage Door Remote(s), Separate Heating Controls, Separate Hydro Meters
- Balcony, Separate Hydro Meters, Storage Buildings
- false
- Lake/Pond
- No
- HOMER WATSON BLVD RIGHT ON HOFFMAN ST, LEFT ON KEHL ST, LEFT ON HEIMAN ST, RIGHT ON LORNE AVE
- No
- Carbon Monoxide Detector, Smoke Detector
- HST Applicable To Sale Price:
- Included
- Features:
- Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No
- Insurance Expense:
- $3,388
- Expenses:
- Actual
- Utilities Expense:
- 5500
- Net Income:
- $57,446
- Zoning:
- R2
- Lot Site Features:
- Ample Parking, City Lot, Near Golf Course, Highway Access, Hospital, Park, Playground Nearby, Public Parking, Public Transit, Schools, Shopping Nearby, Trails
- Features:
- Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No
- Garage Spaces:
- 2.0
- Parking Places Covered:
- 2.0
- Parking:
- Detached Garage, Garage Door Opener
- # Of Total Parking Spaces:
- 6.0
- # Of Open Parking Spaces:
- 4.0
- Driveway Parking:
- Outside/Surface/Open
- Num Apartment Units:
- 0
- Num Bachelor Units:
- 1
- Num Efficiency Units:
- 0
- Num Loft Units:
- 0
- Num Other Units:
- 0
- Num Penthouse Units:
- 0
- Num Studio Units:
- 0
- Listed Date:
- Apr 07, 2025
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View of front facade with brick siding, fence, and a front lawn -
View of front facade with brick siding, a front yard, and fence
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View of front of home with a front yard, fence, and brick siding
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View of patio featuring fence
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Kitchen featuring under cabinet range hood, dark wood finished floors, stainless steel electric range oven, a sink, and freestanding refrigerator
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Dining area with baseboards and wood finished floors
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Living room with light wood-type flooring
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Living area featuring baseboards and wood-type flooring
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Living room featuring light wood-type flooring
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Full bath with toilet, shower / bath combo, tasteful backsplash, and vanity
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Kitchen featuring white dishwasher, light wood-style flooring, decorative backsplash, and a sink
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Kitchen with decorative backsplash, white appliances, dark countertops, a sink, and light wood-style floors
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Kitchen featuring light wood-type flooring, baseboards, backsplash, dark countertops, and dishwasher
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Unfurnished room featuring a notable chandelier, baseboards, and wood finished floors
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Unfurnished room with baseboards, light wood-type flooring, and an inviting chandelier
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Unfurnished room featuring baseboards, a notable chandelier, and wood-type flooring
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Unfurnished room with baseboards, visible vents, a textured ceiling, and wood finished floors
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Spare room featuring baseboards, light wood finished floors, and visible vents
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Unfurnished room featuring hardwood / wood-style floors and baseboards
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Wooden terrace with a residential view
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Spare room featuring baseboards, visible vents, and light wood-style floors
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Unfurnished bedroom with baseboards, a closet, and light wood-style floors
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Unfurnished bedroom with baseboards, a closet, and light wood-type flooring
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Unfurnished room with baseboards and wood finished floors
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Unfurnished bedroom featuring a closet, baseboards, and light wood finished floors
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Unfurnished bedroom with light wood finished floors, baseboards, and a closet
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Unfurnished room with baseboards, visible vents, and wood finished floors
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Unfurnished room featuring baseboards, visible vents, and light wood-style floors
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Foyer with baseboards, light wood-type flooring, and visible vents
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Full bath with toilet, decorative backsplash, vanity, and shower / bath combo with shower curtain
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Bedroom featuring visible vents and wood finished floors
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Bedroom with baseboards, dark wood-style flooring, and visible vents
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Kitchen featuring white cabinetry, a sink, under cabinet range hood, and white appliances
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Photo 34 of 50
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Bathroom with toilet and vanity
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View of parking / parking lot featuring a garage and fence
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Garage featuring a workshop area and a garage door opener
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Garage with a garage door opener
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Garage featuring a workshop area and a garage door opener
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View of property exterior featuring brick siding, fence, and stairway
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Rear view of property featuring a chimney and brick siding
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Bird's eye view with a residential view
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Bird's eye view featuring a residential view
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Bird's eye view
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Drone / aerial view featuring a city view
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Drone / aerial view featuring a residential view
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View of layout
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Floor plan
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Floor plan
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View of layout
Virtual Tour
Virtual Tour 2
Listed by RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3
Data was last updated May 9, 2025 at 11:50 PM (UTC)
Area Statistics
- Listings on market:
- 27
- Avg list price:
- $1,050,000
- Min list price:
- $575,000
- Max list price:
- $4,195,000
- Avg days on market:
- 32
- Min days on market:
- 1
- Max days on market:
- 220
- Avg price per sq.ft.:
- $419.6
These statistics are generated based on the current listing's property type
and located in
3 - Kitchener West. Average values are
derived using median calculations.
- SURESH KUMAR
- RE/MAX TWIN CITY REALTY INC.
- 1 (647) 9017116
- Contact by Email
Contact Us
Direct: 647-901-7116
info@sureshkangayam.com
Head Office
901 Victoria Street, North
Kitchener, ON, N2B 3C3
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.