ON
Kitchener
N2H1N8
50 GORDON Avenue
50 GORDON Avenue, Kitchener, ON N2H1N8
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Listing Type
Multi Family
Listing Status
Active
23
$2,980,000

Home Details for 50 GORDON Avenue

Price
$2,980,000
Type
Residential Income
Bedrooms
23
Total Bathrooms
12
Listing #
40853726
Property Description

Position yourself for long-term growth with this purpose-built 12-unit apartment building in one of Ontario's strongest rental markets. The property features 11 two-bedroom units and 1 one-bedroom unit, with each suite offering its own hydro meter, private balcony, and dedicated parking space. Ideally located just minutes from downtown Kitchener, the building is close to public transit, schools, shopping, and major employers—providing the convenience and accessibility that today's tenants are looking for. With continued population growth, low rental vacancy rates, and strong demand for quality housing in the Kitchener-Waterloo region, this property offers dependable income today and significant upside for tomorrow. Investors have the opportunity to increase value over time through strategic unit renovations and future rental growth as tenancies naturally turn over. Whether you're expanding an existing portfolio or acquiring a well-located multi-family asset, 50 Gordon Avenue presents an excellent opportunity to secure a stable investment with long-term appreciation potential. (id:31684)

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Baseboard
Listing Courtesy: Royal LePage Wolle Realty
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