24 CAIT Avenue, Kitchener, Ontario
$1,349,900
- 5 Beds
- 6 Baths
- 3,220 Square Feet
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:56241)
- Listing ID: 40719549
- Property Type: Multi-family
- Year Built: 1963
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Listing provided by Royal LePage Wolle Realty
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 24 CAIT Avenue in Kitchener Ontario. It was last modified on May 7th, 2025. Contact us to schedule a viewing or to discover other Kitchener real estate for sale.