110 LORNE Crescent
Kitchener, Ontario
3 bed • 2 bath • Multi-family
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
Price History
Property
- Lot Size
- 0.08 acres
Schools
Elementary
- St Bernadette Catholic Elementary School0.4 km
Catholic · Waterloo CDSB · 435 students
Grade 3 reading: 85% met the provincial standard · Grade 6 math: 42% met the provincial standard
- J F Carmichael Public School0.8 km
Public · Waterloo Region DSB · 485 students
Grade 3 reading: 72% met the provincial standard · Grade 6 math: 33% met the provincial standard
- Courtland Avenue Public School0.8 km
Public · Waterloo Region DSB · 270 students
Secondary
- Cameron Heights Collegiate Institute1.3 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 90% met the provincial standard
- Kitchener Waterloo Collegiate and Vocational School2.3 km
Public · Waterloo Region DSB · 1650 students
Grade 10 literacy: 88% met the provincial standard
- Forest Heights Collegiate Institute2.6 km
Public · Waterloo Region DSB · 1555 students
Grade 10 literacy: 86% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2M
- Population
- 36,494
- Private dwellings
- 16,113
- Median age
- 36.4
- Average household size
- 2.3
- Median household income
- $71,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,927
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,927 recorded sales of multi-family properties in Kitchener over the last 12 months.
Location
Mortgage Calculator
$113,980
Estimated Monthly Payment
$2,800
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,800/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $142/mo
Estimates only. Consult a financial advisor.
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