24 Cait Avenue, Kitchener, Ontario

$1,200,000

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Beds

Baths

3,220

Square feet

Overview
Facts & Features
Map & Directions

About 24 Cait Avenue

Turnkey Investment Opportunity! Well-Maintained 6-Plex Generating Over $83,000 in Annual Rental Income with a 4.4% 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. (id:36535)

Features of 24 Cait Avenue

Listing #	40719549
Price	$1,200,000
Bedrooms	5
Bathrooms	6.00
Square Footage	3,220
Acres	0.00
Year Built	1963
Type	Multi-family
Sub-Type	Freehold

Community Information

Address	24 Cait Avenue
Subdivision	327 - Fairview/Kingsdale
City	Kitchener
Province	Ontario
Postal Code	N2C1G4

Amenities

Amenities	Park, Place of Worship, Public Transit, Schools, Shopping
Features	Laundry- Coin operated
Parking Spaces	8
Is Waterfront	No
Has Pool	No

Interior

Heating	Natural gas Baseboard heaters, Radiant heat
Cooling	None
Fireplace	No
# of Stories	2
Has Basement	Yes
Basement Type	Full (Finished)
Basement Development	Finished

Exterior

Exterior	Brick
Foundation	Poured Concrete

Listing Details

Office	Courtesy Of FLAV ONSEN Of Royal LePage Wolle Realty