50 Gordon Avenue
Kitchener, N2H 1N8
FOR SALE
$2,980,000
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Investment
CATEGORY 75 x 162
LOT SIZE X13699040
MLSID Contact Us
Property Description
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.
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Property Details
Address
50 Gordon Avenue
City
Postal Code
N2H 1N8
Property Type
Investment, Investment
Use
Apartment
Zoning
C3
Lot Size
75' x 162'
Taxes
$28,951 (2025
Heat Type
Baseboard
Water
Municipal
Parking Spaces
12
Garage Type
None
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Listing contracted with Royal Lepage Wolle Realty
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