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Home ON Kitchener - Cambridge - Waterloo Kitchener Vanier
24 CAIT AVENUE
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24 CAIT AVENUE $1,289,000
$1,289,000
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24 CAIT AVENUE
Kitchener, Ontario N2C1G4

MLS® Number: X12135141
6
Bedrooms
6
Bathrooms
2500 - 3000
Square Feet

Listing Description

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. (40419210)

Location Description

Woodhaven Rd

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
3
Square Footage
2500 - 3000 sqft
Land Size
76.4 x 132 FT
Age Of Building
51 to 99 years
Annual Property Taxes
$6,440
Parking Type
No Garage
Time on REALTOR.ca
50 days

Building

Bedrooms
Above Grade
6
Bathrooms
Total
6
Interior Features
Appliances Included
Stove, Refrigerator
Basement Type
N/A (Finished)
Building Features
Foundation Type
Poured Concrete
Structures
Patio(s), Shed
Heating & Cooling
Heating Type
Radiant heat (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
No Garage
Total Parking Spaces
8

Measurements

Square Footage
2500 - 3000 sqft

Land

Lot Features
Frontage
76 ft ,4 in
Land Depth
132 ft
Other Property Information
Zoning Description
RES-5
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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