40719549 | 24 CAIT Avenue

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24 CAIT Avenue
Kitchener Ontario , N2C1G4 , Canada

Click any photo to see slideshow

View of front facade with driveway, stucco siding, a front lawn, and fence

View of property featuring a front yard and uncovered parking

Unfurnished room with light tile patterned floors, baseboards, and baseboard heating

Empty room featuring baseboards, tile patterned flooring, and baseboard heating

Spare room with a baseboard radiator and washer / clothes dryer

Unfurnished room featuring baseboards and baseboard heating

Kitchen with a ceiling fan, baseboard heating, white appliances, a sink, and dark countertops

Kitchen with a sink, dark countertops, white cabinetry, and white electric stove

Spare room with a ceiling fan, a baseboard radiator, baseboards, baseboard heating, and light tile patterned flooring

Kitchen featuring a ceiling fan, a sink, white electric stove, dark countertops, and a baseboard heating unit

Hall with light tile patterned floors, baseboards, and baseboard heating

Bathroom with tile walls, vanity, tile patterned floors, a baseboard radiator, and bathing tub / shower combination

Unfurnished room with baseboards, light tile patterned flooring, and a baseboard heating unit

Stairway featuring tile patterned flooring

Unfinished below grade area with washing machine and dryer, concrete block wall, gas water heater, and a sink

Basement featuring washer and clothes dryer, concrete block wall, and gas water heater

$1,349,900.00

MLS® 40719549

Investment

Lot Frontage:	76.0 Feet
Lot Depth:	132.0 Feet
No. of Parking Spaces:	8
Built in:	1963
Total Bedrooms:	5
Total Bathrooms:	6
Zoning:	RES-5

Remarks:

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:7526)

Property Features:

Access Type: Highway access
Amenities Nearby: Park , Public Transit , Schools , Shopping
Community Features: High Traffic Area , School Bus
Features: Laundry- Coin operated
OwnershipType: Freehold
Property Type: Multi-family
Sewer: Municipal sewage system

Building Features:

Basement Development: Finished
Basement Type: Full
Cooling Type: None
Exterior Finish: Brick
Foundation Type: Poured Concrete
Heating Fuel: Natural gas
Heating Type: Baseboard heaters , Radiant heat

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

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