$1,200,000

24 Cait Avenue, Kitchener, Ontario

5

Beds

6

Baths

3,220

Square feet

40719549

MLS® Number

173

Days on Website

$89,000

Price Change

For Sale

Listing Type

$1,200,000 | Fairview/Kingsdale Kitchener for Sale at 24 Cait Avenue Kitchener

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:6289)

Financial and Mortgage

List Price $1,200,000
Previous Price $1,289,000
Price Reduction $89,000
Monthly Payment $5,004/month
Get Prequalified
Days on Website 173
Price per square foot $373

24 Cait Avenue Details

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Construction and Lot

Year Built 1963
Square Footage 3,220
Bedrooms 5
Bathrooms 6.00
Parking Spaces 8
Has Basement Yes
Foundation Poured Concrete
Cooling None
Heating Natural gas Baseboard heaters, Radiant heat
Exterior Brick
# of Stories 2
Features Laundry- Coin operated

Exterior of 24 Cait Avenue

Type Multi-family
Sub-Type Freehold
Amenities Park, Place of Worship, Public Transit, Schools, Shopping
Features Laundry- Coin operated

Interior

Fireplace No

Measurements

Square Footage 3,220

Fairview/Kingsdale Information

About Fairview/Kingsdale in Kitchener

Address 24 Cait Avenue
Subdivision Fairview/Kingsdale
City Kitchener
Province Ontario
Postal Code N2C1G4
Amenities Park, Place of Worship, Public Transit, Schools, Shopping
Features Laundry- Coin operated
Office/Brokerage Royal LePage Wolle Realty

About Condo Complex

Amenities High Traffic Area, School Bus
Community Features High Traffic Area, School Bus

Fairview/Kingsdale Map, Demographics, Characteristics

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See 24 Cait Avenue and other Fairview/Kingsdale homes for sale! Call 1 (866) 255-9555 to book a viewing of MLS® #40719549 24 Cait Avenue in Fairview/Kingsdale, Kitchener Ontario, or fill out the form below. Looking for more Fairview/Kingsdale homes for sale in Kitchener? Our top Kitchener real estate specialists are ready to help you buy or sell in the Fairview/Kingsdale area. Contact us today!

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