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MLS® X13699040
Kitchener, ON
Excellent opportunity to acquire a 12-unit multi-residential investment property in the strong and growing Kitchener rental market. Located at 50 Gordon Ave., Kitchener, this purpose-built apartment building features 11 two-bedroom units and 1 one-bedroom unit, offering a desirable mix for today's rental market. Each unit includes dedicated parking, a private balcony, and its own hydro meter, providing attractive features for tenants while helping manage operating costs. Ideally situated just minutes from Downtown Kitchener, the property is close to public transit, schools, shopping, restaurants, and major employment centers. Its convenient location, combined with the continued growth of the Kitchener-Waterloo region, supports strong and consistent rental demand. This property presents an opportunity to acquire an established income-producing asset with long-term value-add potential. Future upside may be achieved through selective unit modernization, improvements to the property, and rental growth over time. A compelling opportunity for investors looking to add a 12-unit apartment building to their portfolio in one of Ontario's growing rental markets.
Exclusions
Tenants Belongings
Broker
ROYAL LEPAGE WOLLE REALTY
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Investment
50 Gordon Avenue Kitchener
Kitchener
Type
Investment
Parking
None
Property Tax
~$28,951/yr
Heating
Baseboard
Buying Essentials
Square Feet
11700 sqft
Parking
None
Finances
List Price
$2,980,000
Price per SQFT
$255/sqft
Property Tax
~$28,951/yr
Property Specs
Property Type
Investment
MLS Size
11700 sqft
Living & Amenities
Heating Type
Baseboard
Policies & Utilities
Neighbourhood
Kitchener
Listed On
Aug 21, 2026
Public Transit
Days on Market
Current: 79 days
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