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    For Sale - 50 Gordon Avenue, Kitchener, Ontario

    Est payment $14,310/mo
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    Views   1
    Time on Jump  306 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

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    50 Gordon Avenue
    Kitchener , Ontario
    $2,980,000
    Get more info