24 Cait Avenue, Kitchener, Ontario

$1,349,900

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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% 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	$1,349,900
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 and Radu Nicolici Of Royal LePage Wolle Realty