Kitchener, ON N2C1G4 24 CAIT Avenue
$1,289,000
23 more
Presented By: Royal LePage Wolle Realty
Beds • 5
Baths • 6
SQFT • 3,220
Home Details
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. (id:7434)
Presented By: Royal LePage Wolle Realty
Interior Features for 24 CAIT Avenue
Other Interior Features
Basement DevelopmentFinished
Basement TypeFull (Finished)
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeBaseboard heaters, Radiant heat
General for 24 CAIT Avenue
AmenitiesPark, Place of Worship, Public Transit, Schools, Shopping
Building Cooling TypeNone
Building.StoriesTotal2
Community FeaturesHigh Traffic Area, School Bus
FeaturesLaundry- Coin operated
Foundation TypePoured Concrete
Location DescriptionWilson Ave to Woodhaven Rd on Cait Ave
Ownership TypeFreehold
Parking Space Total8
Property TypeMulti-family
Zoning DescriptionRES-5
Exterior for 24 CAIT Avenue
Exterior FinishBrick
Land Amenities Park, Place of Worship, Public Transit, Schools, Shopping
SewerMunicipal sewage system
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty