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    For Sale - 50 Gordon Avenue, Kitchener, Ontario

    Est payment $14,310/mo
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    Views   2
    Time on Jump  60 day

    AI Summary *

    • 12-unit apartment building in a growing Kitchener rental market.
    • Mix of 11 two-bedroom and 1 one-bedroom units for diverse tenants.
    • Each unit has dedicated parking, private balcony, and individual hydro meters.
    • Convenient location near downtown, transit, schools, and shopping.
    • Opportunity for future improvements and rental growth potential.




    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

    Subtype InvestmentCommunity Features Public TransitHeating / Cooling Baseboard

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    Listing Brokerage: 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