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Property at 24 CAIT Avenue image 1
Property at 24 CAIT Avenue image 2
Property at 24 CAIT Avenue image 3
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Property at 24 CAIT Avenue image 5
50

$1,349,900

24 CAIT Avenue
Kitchener, Ontario, Ontario, N2C1G4

MLS® Number: 40719549
Listed 19 hours ago
5 6

Property description

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.

Building information

Basement Development

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Basement Type

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Constructed Date

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Cooling Type

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Exterior Finish

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Foundation Type

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Heating Type

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Size Interior

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Stories Total

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Utility Water

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Land information

Access Type

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Amenities

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Sewer

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Size Depth

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Size Frontage

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Size Total

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Courtesy of Royal LePage Wolle Realty

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