110 LORNE Crescent

About this home.

Looking for a smart investment opportunity in Kitchener with built-in flexibility and future upside? Welcome to 110 Lorne Crescent. This Legal duplex property in Forest Hill offers a rare combination of immediate usability and long-term potential. Featuring 2 self-contained units (1-bedroom and 2-bedroom layouts), this property is ideal for investors, house hackers, or multi-generational living. One of the biggest advantages here is vacant possession at closing, & each unit has its own laundry, giving you the freedom to set your own rents, live in one unit, or fully optimize the property from day one. The home includes a finished walk-up basement with a separate entrance, making unit separation functional and appealing to tenants. Add parking for 4 vehicles, and you’re offering a major convenience that renters actively seek. Located in Kitchener’s Forest Hill neighbourhood, this property benefits from strong rental demand driven by proximity to transit, schools, parks, and shopping amenities. Whether you’re building your portfolio or entering the market with a strategic purchase, this property delivers (id:59491)

The full record.

How this listing prices against Forest Hill.

Forest Hill recorded 7 sales and 36 active listings, so supply is considerably higher than recent deal flow. The average price was $651,786, below the city average, and homes sold in 16 days, but at just 95.14 percent of list, showing that buyers still had leverage on price. This is a neighbourhood where homes can move fairly quickly when priced right, but sellers are not commanding full ask. Overall conditions look mixed, with decent activity but soft negotiating outcomes.

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