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For Sale

50 Gordon Avenue, Kitchener, ON N2H 1N8

$2,980,000

  • Investment
  • MLS® X13699040

Listing Brokerage: ROYAL LEPAGE WOLLE REALTY

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.

Property details

MLS® number
X13699040
Transaction
For Sale
Property type
Commercial
Style / use
Investment
City
Kitchener
Building area
11700.36 Square Feet
Lot width
75 Feet
Lot depth
162 Feet
Heating
Baseboard
Cooling
No
Garage
None
Taxes
$28,951.26
Tax year
2025
Business type
Apts - 6 To 12 Units
Listing brokerage
ROYAL LEPAGE WOLLE REALTY

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