50 Gordon Avenue

Kitchener, N2H 1N8
FOR SALE
$2,980,000
50 Gordon Avenue, Kitchener
50 Gordon Avenue
50 Gordon Avenue
50 Gordon Avenue
50 Gordon Avenue
50 Gordon Avenue
50 Gordon Avenue
50 Gordon Avenue
50 Gordon Avenue
50 Gordon Avenue
50 Gordon Avenue
50 Gordon Avenue
50 Gordon Avenue
50 Gordon Avenue
50 Gordon Avenue
50 Gordon Avenue
50 Gordon Avenue
50 Gordon Avenue
50 Gordon Avenue
Investment
CATEGORY
11,700 Sq Ft
TOTAL AREA
X12444952
MLSID
Contact Us
Property Description
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.
Property Details
Address
50 Gordon Avenue
Postal Code
N2H 1N8
Property Type
Investment, Investment
Use
Apartment
Zoning
C3
Lot Size
75' x 162'
Total Area
11,700 Sq Ft
Taxes
$29,951 (2024
Heat Type
Baseboard
Water
Municipal
Parking Spaces
12
Garage Type
None
Listing contracted with Royal Lepage Wolle Realty
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