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Home ON Kitchener - Cambridge - Waterloo Kitchener Vanier
24 CAIT Avenue
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24 CAIT Avenue $1,349,900
View of front facade with driveway, stucco siding, a front lawn, and fence
View of property featuring a front yard and uncovered parking
Stairway with baseboards
View of doorway to property
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
Empty room with baseboards
Unfurnished room with baseboards, light tile patterned flooring, and a baseboard heating unit
View of balcony
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
Utility room featuring water heater
View of uncovered parking lot
Back of property with a patio and fence
View of yard featuring fence
Uncovered parking lot featuring fence
Room layout
Property floor plan
3 days ago
$1,349,900
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24 CAIT Avenue
Kitchener, Ontario N2C1G4

MLS® Number: 40719549
5
Bedrooms
6
Bathrooms
2469
Square Feet

Listing Description

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. (68991109)

Location Description

Wilson Ave to Woodhaven Rd on Cait Ave

Property Summary

Property Type
Multi-family
Storeys
2
Square Footage
2469 sqft
Subdivision Name
327 - Fairview/Kingsdale
Title
Freehold
Land Size
under 1/2 acre
Built in
1963
Annual Property Taxes
$6,440
Total Parking Spaces
8
Time on REALTOR.ca
3 days

Building

Bathrooms
Total
6
Interior Features
Basement Type
Full (Finished)
Building Features
Features
Laundry- Coin operated
Foundation Type
Poured Concrete
Total Units
6
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters, Radiant heat, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
High Traffic Area, School Bus
Amenities Nearby
Park, Place of Worship, Public Transit, Schools, Shopping
Parking
Total Parking Spaces
8

Measurements

Square Footage
2469 sqft
Above Grade Finished
2469 sqft
Source: Other

Land

Lot Features
Frontage
76 ft
Land Depth
132 ft
Other Property Information
Access
Highway access
Zoning Description
RES-5
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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