50 Gordon Avenue, Kitchener, ON

$2,980,000

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About 50 Gordon Avenue

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.

Features of 50 Gordon Avenue

MLS® # X13699040
Price $2,980,000
Bathrooms 0.00
Type Commercial
Sub-Type Investment
Status Active

Community Information

Address 50 Gordon Avenue
Area Waterloo
City Kitchener
Province ON
Postal Code N2H 1N8

Amenities

Parking Spaces 12
Garages None
Is Waterfront No

Interior

Heating Baseboard
Cooling No
Fireplace No

Listing Details

OfficeROYAL LEPAGE WOLLE REALTY

Listing Map

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