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.
Royal LePage Wolle Realty
$1,289,000
24 Cait Avenue, Kitchener, Ontario
5 Bedrooms
6 Bathrooms
3220 Sqft
Property
MLS® Number: 40719549
Address: 24 Cait Avenue
City: Kitchener
Exterior: Brick
Lot Size: 132.0ft x 76.35ft
Utilities
Heating: Baseboard, Natural Gas, Radiant
Parking
Parking Spaces: 8
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Property Sale History
Travel and Neighbourhood
70/100Walk Score®
Very Walkable
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Location
