50 Gordon Ave

Kitchener, ON N2H 1N8
  • $2,980,000

    Price
  • 23

    Bed
  • 12

    Bath
  • 7,500

    SqFt

About the Listing KW348 - WR59164

Excellent opportunity to acquire a stable multi-residential asset in a strong and growing rental market. 50 Gordon Ave. Kitchener is a purpose-built 12-unit apartment building consisting of 11 two-bedroom units and 1 one-bedroom unit. Each unit has a dedicated parking spot, balcony and their own hydro meter. ------- ------- ------- Situated just minutes from downtown Kitchener, close to public transit, schools, shopping and major employers, making it an attractive location for tenants. With Kitchener-Waterloo's strong rental demand and ongoing population growth, this property offers both immediate income and excellent long-term potential. ------ ------ ------ This is a rare opportunity to add a 12-unit investment property to your investment portfolio with value-add upside through modernization units and rental increase over time.

Listing Highlights

Status Active
Days on Site 104
Property Type Multi-Family
MLS ® 40776124
Year Built
Total Square Footage 7,500
Lot/Acreage 75 x

Interior Details

  • Bedrooms: 23
  • Bathrooms: 12 Full
  • Appliances: Refrigerator, Stove
  • Air Cond:
  • Heating: Baseboard
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 7500
  • Below Ground Sq Ft: n/a
  • Basement: Partial,Unfinished
  • Other:
  • Water: Municipal

Exterior Details

  • Lot Description: Rectangular,Highway Access,Hospital,Park,Public Transit,Quiet Area,Shopping Nearby
  • Garage Capacity: N/A
  • Parking Spaces: 12
  • Lot Dimensions: 75 x
  • Zoning: C3
  • Roof: Asphalt Shing
  • Others:
  • Sewer: Sewer (Municipal)
  • Parking Features: Outside/Surface/Open

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 223120080
  • Tax Year: N/A

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50 Gordon Ave Kitchener, ON N2H 1N8

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Originating MLS: Cornerstone

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