19 hours on Market

24 Cait Ave, Kitchener, Ontario N2C 1G4

Townhouse
6
6
~2500-3000 sqft
$1,349,900
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Townhouse
6
6
~2500-3000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$494/sqft

Est. Mortgage$5,797/mo

Tax Amount (2024)$6,440/yr

Days On Market19 hours


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.


Property Details

Style3-Storey
View-
Age of property51-99
SqFt~2500-3000 SqFt
Lot Size10,078 SqFt(132 x 76.35)
Parking Spaces8
MLS ®NumberX12135141
Community NameVanier
Data SourceTRREB
Listing byROYAL LEPAGE WOLLE REALTY

Features

Heating: Radiant
Basement: Finished

Features

Lot size: 10,078 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property History

May 8, 2025
ListedActive
$1,349,900
19 hours on market
history photo preview22
Listing by trreb®
Property listed by ROYAL LEPAGE WOLLE REALTY, Brokerage

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Market Data - Vanier

Geo Zone Map ThumbnailVanier

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

7 days

2023

0 day

2022

15 days

New Listings

Past 30 days

4 listings

Compared to

2024

3 listings

2023

1 listing

2022

5 listings

Units sold

Past 30 days

0 unit

Compared to

2024

1 unit

2023

0 unit

2022

4 units

Median Sold Price

Past 30 days

$0

Compared to

2024

$425,000

2022

$611,500


Population and Demographics

Overview

Total population 11555
Average household income $87,115

Age (%)

20 to 34
28%
0 to 19
19%
35 to 49
18%
65 and plus
17%
50 to 64
17%

Household composition (%)

Single family
57%
Single person
34%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
71%
Spanish
5%
Others
4%
Arabic
3%
Punjabi (Panjabi)
3%
Serbian
2%
Gujarati
2%
Tagalog (Pilipino, Filipino)
2%
French
2%

House tenancy (%)

Renters
64%
Owners
36%

Schools and amenities

Estimated Budget