
305 Lorne Avenue
Kitchener, ON N2M 3Y9
- 6+1Bedrooms
- 4Bathrooms
- 6Parking
- 2000–2500Sq Ft
- $5,766Tax
- 51×119 ftLot Size
- Free EstimateSee Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 305 Lorne Avenue, Kitchener
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-04-07 | 2025-06-03 | Login to See Prices | Sold | x12069535 |
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 305 Lorne Avenue, Kitchener
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,766
- Land Transfer Tax Fee
- $16,473
Rental Items
- Rental Equipment
- Hot Water Heater
- Under Contract
- Hot Water Heater
- Basement Type
- Finished, Walk-Up
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Water Heater, Water Meter
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Hospital, Park, Place Of Worship, Public Transit, School Bus Route, School
- Other Structures
- Workshop
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
- Approx Age
- 51-99
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 50.67 ft
- Lot Depth
- 119.02 ft
Inclusions
- Inclusions
- 4 Fridges, 4 Stoves, 1 Washer, 1 Dryer
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 2
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Yes
- Telephone
- Yes
- Bedrooms
- 6 + 1
- Washrooms
- 4
- Kitchens
- 4
Washrooms
- 4-piece, Second
- 4-piece, Main
- 4-piece, Lower
- 3-piece, Lower
- Municipality
- Kitchener
- Main cross streets
- Highland & Stirling
- Zoning
- R2
- Directions
- HOMER WATSON BLVD RIGHT ON HOFFMAN ST, LEFT ON KEHL ST, LEFT ON HEIMAN ST, RIGHT ON LORNE AVE
- MLS® number
- X12069535
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-06-03
- Listed on
- 2025-04-07
- Days on market
- 57 days
- Possession type
- Flexible
- Co-op commission
- 2% + HST
- Seller
- Listed by
- RE/MAX REAL ESTATE CENTRE INC.
Home Market Value
Current home valuation for 305 Lorne Avenue, Kitchener, , . Listed for $999,900
HOMEH Estimate
—
Estimated Sales Range
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HOMEH Estimate for 305 Lorne Avenue, Kitchener
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $499,900 over $500K
$74,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $36,996 | $27,897 | $23,798 | $0 |
=Total mortgage | $961,903 | $927,807 | $873,713 | $799,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,696monthly | $4,530monthly | $4,266monthly | $3,906monthly |
Land Transfer Tax
$16,473
$16,473
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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