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shared laundry room featuring washer and clothes dryer Features: separate washer dryer, laundry, natural light, smoke carbon monoxide detector

view of utility room Features: water heater, water pressure tank

utility room with water heater and electric panel Features: water heater, electric panel, water softener, electric meter, water pressure tank

stairway with tile walls and mail area Features: mail area, tile wall, aggregate floor

property entrance Features: fire extinguisher

hall featuring a baseboard heating unit and carpet floors Features: baseboard radiator, fire extinguisher, carpet

spare room with light wood-style floors and baseboards Features: hardwood floor, crown molding, natural light

empty room with wood finished floors and a baseboard heating unit Features: baseboard radiator, natural light, hardwood floor

unfurnished bedroom featuring light wood-style flooring, baseboard heating, and a closet Features: closet, baseboard radiator, natural light, hardwood floor

unfurnished room featuring baseboard heating, light wood-style flooring, and a ceiling fan Features: ceiling fan, baseboard radiator, natural light, hardwood floor

hall with baseboards and light wood finished floors Features: hardwood floor

hall with light wood-style flooring and baseboards Features: hardwood floor

kitchen with white appliances, baseboard heating, white cabinetry, light wood-style floors, and dark countertops Features: hardwood floor, visible hinge cabinets, countertops, natural light, refrigerator, baseboard radiator, l shaped kitchen, backsplash, range oven, range hood, white cabinets, sink

kitchen featuring white appliances, light wood finished floors, range hood, and white cabinets Features: countertops, range hood, natural light, white cabinets, sink, range oven, visible hinge cabinets, backsplash, refrigerator, hardwood floor

hallway with stairway, a baseboard radiator, carpet, and expansive windows Features: carpet, natural light, baseboard radiator, floor ceiling windows

staircase featuring baseboard heating and carpet flooring Features: baseboard radiator, carpet

view of apartment building / complex featuring uncovered parking Features: fence

view of property featuring uncovered parking Features: fence

view of road featuring view of scattered trees

view of yard with a storage unit and view of scattered trees Features: fence, outdoor structure

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For Sale - 50 Gordon Avenue, Kitchener, Ontario

50 Gordon Avenue

Kitchener , Ontario

$2,980,000

Est payment $14,310/mo

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Down Payment:
$ 149,000 ( 5% )

First Time Buyer:
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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.

Listing IDX13699040

Address50 Gordon Avenue

CityKitchener, Ontario

Price$2,980,000

StyleInvestment

TypeIndustrial/Commercial

StatusFor Sale

Extras

Subtype InvestmentCommunity Features Public TransitHeating / Cooling Baseboard

Market Info

Listing Agency:
ROYAL LEPAGE WOLLE REALTY

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Listing Agency:
ROYAL LEPAGE WOLLE REALTY

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For Sale - 50 Gordon Avenue, Kitchener, Ontario

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Market Info

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