24 Cait Avenue
327 - Fairview/Kingsdale Kitchener N2C 1G4

$1,289,000
Residential Income beds: 5 baths: 6.0 3,220 sq. ft. built: 1963

View of front facade with driveway, stucco siding, a front lawn, and fence
Photo 1: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 2: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 3: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 4: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 5: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 6: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 7: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 8: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 9: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 10: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 11: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 12: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 13: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 14: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 15: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 16: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 17: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 18: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 19: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 20: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 21: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 22: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 23: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 24: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 25: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 26: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 27: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Photo 28: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
40719549
Bedrooms:
5
Bathrooms:
6
Year Built:
1963
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 Type:
Residential Income
Property SubType:
Multi-6-9 Unit
Year built:
1963 (Age: 62)
Listing General Location:
327 - Fairview/Kingsdale, 3 - Kitchener West
Bedrooms:
5
Bathrooms:
6.0 (Full:-/Half:-)
Lot Details:
76.35 x 132
Lot Depth:
132'
Lot Frontage:
76'4"
Frontage Type:
North
Kitchens:
0
County Or Parish:
Waterloo
Features:
Crops Included: No, Garage: No, New Construction: No
Construction:
Brick
Basement:
Full, Finished
Foundation:
Poured Concrete
Roof:
Tar/Gravel
Number of Storeys:
2
Number of Buildings:
0
Total Floor Area:
3,220 sq. ft.
Finished Area Above Grade:
3,220 sq. ft.
Fireplace:
false
Laundry Features:
Coin Operated, Shared
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Baseboard, Natural Gas, Radiant
None
Tenant's Belongings fridge And Freezer In Unit #1; Freezer In Unit #4; Freezer Chest In Unit #6.
Separate Heating Controls, Separate Hydro Meters, None
false
No
Wilson Ave to Woodhaven Rd on Cait Ave
No
HST Applicable To Sale Price:
Yes
Features:
Crops Included: No, Garage: No, New Construction: No
Electric Expense:
$639
Insurance Expense:
$8,463
Expenses:
Actual
Snow Garbage Expense:
$2,576
Trash Expense:
$1,282
Utilities Expense:
7083
Laundry Income:
$1,800
Net Income:
$53,271
Under Contract Costs Monthly:
$433.00
Zoning:
RES-5
Lot Site Features:
Rectangular, High Traffic Area, Highway Access, Park, Place of Worship, Public Transit, School Bus Route, Schools, Shopping Nearby
Features:
Crops Included: No, Garage: No, New Construction: No
# Of Total Parking Spaces:
8.0
# Of Open Parking Spaces:
8.0
Driveway Parking:
Outside/Surface/Open
Licensed Dwelling:
No
Num Apartment Units:
0
Num Bachelor Units:
1
Num Efficiency Units:
0
Num Loft Units:
0
Num Other Units:
0
Num Penthouse Units:
0
Num Studio Units:
0
Listed Date:
May 07, 2025
  • Photo 1: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    View of front facade with driveway, stucco siding, a front lawn, and fence
  • Photo 2: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    View of property featuring a front yard and uncovered parking
  • Photo 3: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    Stairway with baseboards
  • Photo 4: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    View of doorway to property
  • Photo 5: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    Unfurnished room with light tile patterned floors, baseboards, and baseboard heating
  • Photo 6: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    Empty room featuring baseboards, tile patterned flooring, and baseboard heating
  • Photo 7: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    Spare room with a baseboard radiator and washer / clothes dryer
  • Photo 8: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    Unfurnished room featuring baseboards and baseboard heating
  • Photo 9: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    Kitchen with a ceiling fan, baseboard heating, white appliances, a sink, and dark countertops
  • Photo 10: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    Kitchen with a sink, dark countertops, white cabinetry, and white electric stove
  • Photo 11: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    Spare room with a ceiling fan, a baseboard radiator, baseboards, baseboard heating, and light tile patterned flooring
  • Photo 12: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    Kitchen featuring a ceiling fan, a sink, white electric stove, dark countertops, and a baseboard heating unit
  • Photo 13: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    Hall with light tile patterned floors, baseboards, and baseboard heating
  • Photo 14: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    Bathroom with tile walls, vanity, tile patterned floors, a baseboard radiator, and bathing tub / shower combination
  • Photo 15: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    Empty room with baseboards
  • Photo 16: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    Unfurnished room with baseboards, light tile patterned flooring, and a baseboard heating unit
  • Photo 17: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    View of balcony
  • Photo 18: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    Stairway featuring tile patterned flooring
  • Photo 19: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    Unfinished below grade area with washing machine and dryer, concrete block wall, gas water heater, and a sink
  • Photo 20: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    Basement featuring washer and clothes dryer, concrete block wall, and gas water heater
  • Photo 21: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    Utility room featuring water heater
  • Photo 22: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    View of uncovered parking lot
  • Photo 23: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    Photo 23 of 28
  • Photo 24: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    Back of property with a patio and fence
  • Photo 25: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    View of yard featuring fence
  • Photo 26: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    Uncovered parking lot featuring fence
  • Photo 27: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    Room layout
  • Photo 28: 24 Cait Avenue in Kitchener: 327 - Fairview/Kingsdale Multi-6-9 Unit for sale (3 - Kitchener West)  : MLS®# 40719549
    Property floor plan

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Listed by Royal LePage Wolle Realty
Data was last updated June 12, 2025 at 01:50 PM (UTC)
Area Statistics
Listings on market:
27
Avg list price:
$999,000
Min list price:
$635,000
Max list price:
$1,550,000
Avg days on market:
24
Min days on market:
1
Max days on market:
254
Avg price per sq.ft.:
$399.6
These statistics are generated based on the current listing's property type and located in 3 - Kitchener West. Average values are derived using median calculations.