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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.
6 Fridges and 6 Stoves
City: Kitchener
Purchase Price | $1349900 |
Down Payment | $269980 |
Mortgage Insurance | $0 |
Total Mortgage | $1079920 |
Mortgage Payment | $6655 |
Property Taxes | $537 |
Maintenance Fees | $0 |
Monthly Payment | $7191 |
Located at 24 Cait Ave , this Kitchener house is available for sale. This property was listed for $1,349,900 on Thu May 08 2025. This house's size is 2500-3000 Sqft. It has 6 bedrooms and 6 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 8 parking spots.
MLS#: X12135141 · $1,349,900 · 6 bedroom house in Kitchener