ONWaterlooKitchener50 Gordon Avenue
50 Gordon Avenue
Interior view
Interior view
40
For Sale283 days on Market

50 Gordon Avenue

Kitchener, ON, N2H 1N8

Asking Price

$2,980,000

$2,995,000$15,000

Frontage

75 ft.

Lot Depth

162 ft.

Square Foot

11,700.36 ft.

Lot Area

Zoning

Commercial

50 Gordon Avenue, Kitchener, N2H 1N8

Property Description

Original Remarks

Excellent opportunity to acquire a stable multi-residential asset in a strong and growing rental market. 50 Gordon Ave. Kitchener is a purpose-built 12-unit apartment building consisting of 11 two-bedroom units and 1 one-bedroom unit. Each unit has a dedicated parking spot, balcony and their own hydro meter. ------- ------- ------- Situated just minutes from downtown Kitchener, close to public transit, schools, shopping and major employers, making it an attractive location for tenants. With Kitchener-Waterloo's strong rental demand and ongoing population growth, this property offers both immediate income and excellent long-term potential. ------ ------ ------ This is a rare opportunity to add a 12-unit investment property to your investment portfolio with value-add upside through modernization units and rental increase over time.

PROPERTY HISTORY

50 Gordon Avenue

PROPERTY DETAILS

OccupancyInvestment
Possession TypeFor Sale
Heating TypeBaseboard
WaterMunicipal
Sewers
Retail Area11,700.36 ft
Ownership Type
Basement
Garage TypeNone
Elevator
Community
Hours Open
CategoryApartment
LLBO
Days Open
Business / BuildingBuilding
Employees
Financial Statement
Franchise Seats
Drive Parking Spaces12
Drive Parking Spaces

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Consult Type

Consult typically takes 30–45 minutes