6 Beds 6 Bath

24 Cait Avenue, Kitchener, ON N2C 1G4

Kitchener N2C 1G4 Ontario

MLS: X12135141

$1,349,900

Added 22 days ago | For Sale

Listed by: ROYAL LEPAGE WOLLE REALTY

About Property

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.

Features

  • House Style:Multiplex
  • Bathrooms:6
  • Land Size: 76.35 X 132
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Woodhaven Rd
  • Basement:Finished , Finished
  • Possession Date:
  • Annual Property taxes: $6440
  • Bedrooms:6
  • Total Parking Spaces:8
  • Parking Places:8
  • Heating Type:Radiant
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12135141

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