24 Cait Ave

Kitchener, ON N2C 1G4
  • $1,200,000

    Price
  • 5

    Bed
  • 6

    Bath
  • 3,220

    SqFt

About the Listing KW348 - KWKW5385,KWKW1388

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.

Listing Highlights for 24 Cait Ave

Status Active
Days on Site 127
Property Type Multi-Family
MLS ® 40719549
Year Built 1963
Total Square Footage 3,220
Lot/Acreage 76.35 x 132

Interior Details

  • Bedrooms: 5
  • Bathrooms: 6 Full
  • Appliances:
  • Air Cond:
  • Heating: Baseboard,Natural Gas,Radiant
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 3220
  • Below Ground Sq Ft: n/a
  • Basement: Full,Finished
  • Other: Separate Heating Controls,Separate Hydro Meters
  • Water: Municipal

Exterior Details

  • Lot Description: Rectangular,High Traffic Area,Highway Access,Park,Place of Worship,Public Transit,School Bus Route,Schools,Shopping Nearby
  • Garage Capacity: N/A
  • Parking Spaces: 8
  • Lot Dimensions: 76.35 x 132
  • Zoning: RES-5
  • Roof: Tar/Gravel
  • Others:
  • Sewer: Sewer (Municipal)
  • Parking Features: Outside/Surface/Open

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 225850120
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Listing Location

Questions About..

24 Cait Ave Kitchener, ON N2C 1G4

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: Cornerstone

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way