Was listed for:Expired Sep 15, 2025
$1,200,000

24 Cait Avenue

Kitchener, ON N2C 1G4

Multiplex ExpiredNot available

Property not available for sale or for rent.

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Sale & Price History for 24 Cait Avenue, Kitchener

2025-05-07
2025-09-15
Expired
Price
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MLS#
x12135141

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 24 Cait Avenue, Kitchener

Turnkey Investment Opportunity! Well-Maintained 6-Plex Generating Over $83,000 in Annual Rental Income with a 4.1% 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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$6,440
Land Transfer Tax Fee
$20,475

Rental Items

Rental Equipment
Hot Water Heater

Basement Type
Finished

Interior Features

Interior Extras
Storage
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Patio
Pool
None
Other Structures
Shed

Building

Building Type
Multiplex
Building Style
3-Storey
Approx Age
51-99

Construction

Exterior Finish
Brick
Roof
Tar and Gravel
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
76.35 ft
Lot Depth
132.00 ft
Lot Shape
Rectangular

Inclusions

Inclusions
6 Fridges and 6 Stoves

Exclusions

Exclusions
Tenant's belongings. Fridge and freezer in Unit #1; Freezer in Unit #4; Freezer chest in Unit #6.

Parking & Garages

Garage Type
None
Garage Spaces
8
Parking Spaces
8
Total Garage And Parking Spaces
8

Heating & Cooling

Heat Source
Gas
Heat Type
Radiant
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
6
Washrooms
6
Kitchens
6

Washrooms

  • 4-piece

Municipality
Kitchener
Main cross streets
Woodhaven Rd
Zoning
RES-5
Directions
Wilson Ave to Woodhaven Rd on Cait Ave

MLS® number
X12135141
Data source
Toronto Regional Real Estate Board
Status change
2025-09-15
Listed on
2025-05-07
Days on market
131 days
Possession date
2025-07-31
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
ROYAL LEPAGE WOLLE REALTY

Home Market Value

Current home valuation for 24 Cait Avenue, Kitchener, , . Listed for $1,200,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 24 Cait Avenue, Kitchener

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Minimum Down Payment Required:7.9%

5% on first $500K + 10% on $700,000 over $500K

Minimum down payment

$95,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$44,160$33,480$28,560$0
=Total mortgage
$1,148,160$1,113,480$1,048,560$960,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$5,606monthly$5,437monthly$5,120monthly$4,687monthly
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Land Transfer Tax

Provincial

$20,475

Total Land Transfer Tax

$20,475

Around this home

5/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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