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50 Gordon Avenue, Kitchener, ON N2H 1N8

Kitchener, ON, N2H 1N8

Sq Ft
12 Parking
Investment Type
X12444952 MLS#

About this property

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.

Features & Amenities

  • Garage: None
  • Cooling: No
  • Heat Type: Baseboard

Property Details

Property Type Commercial
Property Sub-Type Investment
Garage None
Parking Spaces 12
Heat Type Baseboard
Cooling No
Annual Tax $29,951
Tax Year 2024

Building & Construction

Building Area Total
11700.36

Heating & Cooling

Heat Type
Baseboard
Cooling
No

Parking & Garage

Garage Type
None
Parking Spaces
12

Lot & Land

Lot Size Units
Feet
Lot Depth
162.00
Lot Width
75.00

Community & Neighborhood

Community Features
Public Transit

Financial & Tax

Tax Annual Amount
$29,951
Tax Year
2024
Possession Type
Flexible
Possession Details
Flexible

Utilities & Services

Utilities
Available

Additional Details

Occupant Type
Tenant
County Or Parish
Waterloo
Cross Street
Frederick
Directions
Lancaster St E and Frederick St
Showing Requirements
Lockbox, Showing System

Location

50 Gordon Avenue, Kitchener, ON N2H 1N8, Kitchener, ON, N2H 1N8

Listing courtesy of ROYAL LEPAGE WOLLE REALTY
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