ON
Kitchener
N2C1G4
24 CAIT Avenue
24 CAIT Avenue, Kitchener, ON N2C1G4
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Listing Type
Multi Family
Listing Status
active
28
$1,200,000

Home Details for 24 CAIT Avenue

Price
$1,200,000
Type
Residential Income
Bedrooms
5
Bathrooms
6.0
Square feet
NaN
Year built
1963
Parking
Days on site
139
Listing #
40719549
Property Description

Turnkey Investment Opportunity! Well-Maintained 6-Plex Generating Over $83,000 in Annual Rental Income with a 4.4% 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:31684)

Property Features
  • Heating Information
    • Baseboard
    • Natural Gas
    • Radiant
  • Cooling Information
    • None
Listing Courtesy: Royal LePage Wolle Realty
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EXIT REALTY CONNECT, BROKERAGE
101-310 Main Street E, Milton, ON L9T 1P4
Mark Recile, MSc.
License #: 9627355
REALTOR
Office
289 627 7755
Agent
905 699 5811
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