24 Cait Avenue , Kitchener ON N2C 1G4

Sale $1,200,000 |

Listing # 40719549

FLAV ONSEN

Sales Representative

Phone: 519.578.7300
Fax: 519.742.9904
Mobile: 519.240.9119

flavonsen@gmail.com

www.onsenhomes.com

Radu Nicolici

Sales Representative

Phone: 519.578.7300
Fax: 519.742.9904
Mobile: 519.897.8855

radusellshomes@gmail.com

http://www.onsenhomes.com

Royal LePage Wolle Realty, Brokerage (Independently owned and operated)

Brokerage

7 - 180 NORTHFIELD DR WEST
WATERLOO, ON N2L 0C7

Phone: 519.747.2040
Fax: 519.747.2081
waterloo@wollerealty.com

Remarks:

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.

Inclusions: None

Exclusions: Tenant's Belongingsfridge And Freezer In Unit #1; Freezer In Unit #4; Freezer Chest In Unit #6.

Investment

Lot Frontage:	76.35 Feet
Lot Depth:	132 Feet
No. of Parking Spaces:	8
Floor Space (approx):	3220 Square Feet
Built in:	1963
Bedrooms:	5
Zoning:	RES-5

Property Features:

Basement:	Full , Finished
Construction Materials:	Brick
Cooling:	None
Heating:	Baseboard , Natural Gas , Radiant
Interior Features:	Separate Heating Controls , Separate Hydro Meters , None
Acres Range:	< 0.5
Driveway Parking:	Outside/Surface/Open
Laundry Features:	Coin Operated , Shared
Lot Features:	Rectangular , High Traffic Area , Highway Access , Park , Place of Worship , Public Transit , School Bus Route , Schools , Shopping Nearby
Roof:	Tar/Gravel
Sewer:	Sewer (Municipal)
Water Source:	Municipal

Royal LePage Wolle Realty, Brokerage (Independently owned and operated)

Brokerage

7 - 180 NORTHFIELD DR WEST
WATERLOO, ON N2L 0C7

Phone: 519.747.2040
Fax: 519.747.2081
waterloo@wollerealty.com

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