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24 Cait Avenue, Kitchener, ON N2C 1G4

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  • Kitchener

24 Cait Avenue, Kitchener, ON N2C 1G4

24 Cait Avenue, Kitchener, ON N2C 1G4

$1,289,000

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Property ID:

 RH-776629-property

Bedrooms
6
Bathrooms
6
Garage
No
Year Built
2025

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.

Additional Details

  • Property Age: 51-99
  • Property Sub Type: Multiplex
  • Transaction Type: For Sale
  • Basement: Finished
  • Heating Source: Gas
  • Heating Type: Radiant
  • Parking Space: 8
  • Virtual Tour: https://unbranded.youriguide.com/24_cait_avenue_kitchener_on/

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+1 519 993 5656

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