24 Cait Avenue, Kitchener ON N2C 1G4
24 Cait Ave, Kitchener, ON N2C 1G4, Canada
24 Cait Ave, Kitchener, ON N2C 1G4, Canada
$1,289,000
Request info
Basics
- Date added: Added 1 month ago
- Category: Multi-6-9 Unit
- Type: Residential Income
- Status: Active
- Bedrooms: 5
- Area: 3220 sq ft
- Lot size: 76.35 x 132 sq ft
- ListOfficeName: Royal LePage Wolle Realty
- ListAOR: Waterloo Region
- MLS ID: 40719549
Description
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Description:
Turnkey Investment Opportunity! Well-Maintained 6-Plex Generating Over $83,000 in Annual Rental Income with a 4% CAP RATE! This multi-family property features six units, including five spacious 1-bedroom suites and one bachelor unit, offering strong tenant appeal and stable returns. The property provides eight dedicated parking spaces, on-site laundry, and individual storage lockers for tenant convenience. The tenants can enjoy a large, landscaped yard with a patio - ideal for outdoor relaxation and summer barbecues. Located just minutes from Fairview Park Mall, public transit including the ION LRT, and a full range of shops, restaurants, and amenities, this property is perfectly positioned for both tenant satisfaction and long-term value.
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Location
- Directions: Wilson Ave to Woodhaven Rd on Cait Ave
- CountyOrParish: Waterloo
Building Details
- Year built: 1963
- ParkingTotal: 8
- NewConstructionYN: No
- Heating: Baseboard, Natural Gas, Radiant
- Basement: Finished, Full
- Exterior material: Brick
- Roof: Tar/Gravel
- Parking: 8
Video
Amenities & Features
- Features:
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- CoolingYN: No
- Cooling: None
- PoolPrivateYN: No
- FireplaceYN: No