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MLS® X12444952
Kitchener, ON
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.
Inclusions
All in-suite appliances, water softener, new boiler. All in as in condition.
Exclusions
All tenant belongings, including window coverings.
Broker
ROYAL LEPAGE WOLLE REALTY
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Investment
50 Gordon Avenue Kitchener
Kitchener
Type
Investment
Parking
None
Property Tax
~$29,951/yr
Heating
Baseboard
Buying Essentials
Square Feet
11700 sqft
Parking
None
Finances
List Price
$2,980,000
Price per SQFT
$255/sqft
Property Tax
~$29,951/yr
Property Specs
Property Type
Investment
MLS Size
11700 sqft
Living & Amenities
Heating Type
Baseboard
Policies & Utilities
Neighbourhood
Kitchener
Listed On
Sep 29, 2025
Public Transit
Days on Market
Current: 403 days
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