ON > Kitchener
Kitchener, ON N2C 1G4,24 Cait Avenue
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Kitchener, ON N2C 1G4,24 Cait Avenue
Kitchener, ON N2C 1G4,24 Cait Avenue
Kitchener, ON N2C 1G4,24 Cait Avenue
Kitchener, ON N2C 1G4,24 Cait Avenue
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Christine Caparello

Christine Caparello

+1(905) 462-2775
Listed by Flav Onsen • Royal LePage Wolle Realty
$ 1,349,900
Est. payment /mo
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24 Cait Avenue Kitchener, ON N2C 1G4

5 Beds

6 Baths

2,469 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-6-9 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 2,469 sqft

Price per Sqft $546

MLS Listing ID 40719549

Bedrooms 5

Abv Grd Liv Area 2,469

Originating Board Waterloo Region

Year Built 1963

Annual Tax Amount $6,440

Property Sub-Type Multi-6-9 Unit

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.

Location

Province ON

County Waterloo

Area 3 - Kitchener West

Zoning RES-5

Direction Wilson Ave to Woodhaven Rd on Cait Ave

Rooms

Basement Full, Finished

Kitchen 0

Interior

Interior Features Separate Heating Controls, Separate Hydro Meters, None

Heating Baseboard, Radiant

Cooling None

Fireplace No

Laundry Coin Operated, Shared

Exterior

Roof Type Tar/Gravel

Lot Frontage 76.35

Lot Depth 132.0

Garage No

Building

Lot Description Rectangular, High Traffic Area, Highway Access, Park, Place of Worship, Public Transit, School Bus Route, Schools, Shopping Nearby

Faces Wilson Ave to Woodhaven Rd on Cait Ave

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 225850120

Ownership Freehold/None

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24 Cait Avenue