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.
For sale
C$1,289,000
24 Cait Ave, Kitchener, ON N2C 1G4
5beds
6baths
3,220sqft
Multi-6-9 Unit, Multi Family
Built in 1963
-- sqft lot
$-- Zestimate®
C$400/sqft
C$-- HOA
What's special
- 90 days
- on Zillow |
- 23 |
- 1 |
- Loading