$1,289,000
8.17 BTC
Photos
Map
24 Cait Avenue, Kitchener
$1,289,000
PRICE
6
BEDROOMS
6
BATHROOMS
X12135141
MLSID

24 Cait Avenue, Kitchener

Turnkey Investment Opportunity! Well-Maintained 6-Plex Generating Over $83,000 in Annual Rental Income with a 4.1% 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.
Read Full Description
View Property
Ask a Question

Summary

Address
24 Cait Avenue
MLSID
X12135141
Property Type
Multiplex
Property Category
Bedrooms
6
Bathrooms
6
Kitchens
6
Zoning
RES-5
Taxes (Annual)
$6,440.00
Tax Year
2024
Published
May 8, 2025
Days on Market
87 Days
Possession Type
Flexible
View Property
Ask a Question

Inclusions

6 Fridges and 6 Stoves

Exclusions

Tenant's belongings. Fridge and freezer in Unit #1; Freezer in Unit #4; Freezer chest in Unit #6.

Details

Parking Spaces
8
Parking Total
8
Parking Features
Private, Other
Architectural Style
3-Storey
Roof
Tar And Gravel
Construction Materials
Brick
Lot Width
76 Feet
Lot Depth
132 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Radiant
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
View Property
Ask a Question

Similar Listings

Listing Contracted with ROYAL LEPAGE WOLLE REALTY
View Property
Ask a Question
View Property
Ask a Question
Appointment Date & Time
Date
Time
Send
Cancel
Thank you for your Inquiry!
Your message has been received, one of our represetatives will be in touch with you shortly.
Close