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    For Sale - 50 Gordon Avenue, Kitchener, Ontario

    Est payment $14,772/mo
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    Time on Jump  129 day

    AI Summary *

    • Stable multi-residential asset with strong rental market potential.
    • 12-unit building with 11 two-bedroom and 1 one-bedroom units.
    • Each unit features a dedicated parking spot and balcony.
    • Minutes from downtown, public transit, schools, and shopping.
    • Opportunity for long-term income growth through unit modernization.




    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 IDX12444952
    Address50 Gordon Avenue
    CityKitchener, Ontario
    Price$2,980,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentCommunity Features Public TransitHeating / Cooling Baseboard

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    Listing Agency:  ROYAL LEPAGE WOLLE REALTY
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    50 Gordon Avenue
    Kitchener , Ontario
    $2,980,000
    Get more info