24 Cait AVE Active Save Request In-Person Tour Request Virtual Tour
Kitchener,ON N2C 1G4
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
Zoning RES-5
Rooms
Family Room No
Basement Finished
Kitchen 6
Interior
Interior Features Storage
Cooling None
Inclusions 6 Fridges and 6 Stoves
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
Senior Community No
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