24 Cait Avenue Kitchener, Ontario N2C 1G4
$1,200,000
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:56221)
Property Details
| MLS® Number | 40719549 |
| Property Type | Multi-family |
| Amenities Near By | Park, Place Of Worship, Public Transit, Schools, Shopping |
| Community Features | High Traffic Area, School Bus |
| Features | Laundry- Coin Operated |
| Parking Space Total | 8 |
Building
| Bathroom Total | 6 |
| Bedrooms Total | 5 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1963 |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Baseboard Heaters, Radiant Heat |
| Stories Total | 2 |
| Size Interior | 3220 Sqft |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 132 Ft |
| Size Frontage | 76 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Res-5 |
https://www.realtor.ca/real-estate/28271560/24-cait-avenue-kitchener
Interested?
Contact us for more information
Flav Onsen
Salesperson
(519) 742-9904
www.onsenhomes.com/
71 Weber Street E., Unit B
Kitchener, Ontario N2H 1C6
(519) 578-7300
(519) 742-9904
https://wollerealty.com/
Radu Nicolici
Salesperson
(519) 742-9904
71 Weber Street E.
Kitchener, Ontario N2H 1C6
(519) 578-7300
(519) 742-9904
www.wollerealty.com/
https://www.facebook.com/WolleRealty
https://twitter.com/WolleRealty
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 26 2025 04:03:24
REALTORS® Association of Hamilton-Burlington
Royal LePage Wolle Realty