22
See all 22 photos
$1,289,000
Est. payment /mo
6 Beds
6 Baths
Price Dropped by $60K
24 Cait AVE Kitchener, ON N2C 1G4
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
MLS Listing ID X12135141
Style 3-Storey
Bedrooms 6
Building Age 51-99
Annual Tax Amount $6,440
Tax Year 2024
Property Sub-Type Multiplex
Property 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.
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room No
Basement Finished
Kitchen 6
Interior
Interior Features Storage
Cooling None
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Patio
Parking Features Private, Other
Pool None
Roof Type Tar and Gravel
Lot Frontage 76.35
Lot Depth 132.0
Total Parking Spaces 8
Building
Foundation Poured Concrete
Others
Virtual Tour https://unbranded.youriguide.com/24_cait_avenue_kitchener_on/
Listed by ROYAL LEPAGE WOLLE REALTY