50 Gordon Avenue, Kitchener, ON N2H 1N8
Kitchener, ON, N2H 1N8
About this property
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 & 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 | $28,951 |
| Tax Year | 2025 |
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
- $28,951
- Tax Year
- 2025
- Possession Type
- Flexible
Utilities & Services
- Utilities
- Available
Additional Details
- Occupant Type
- Tenant
- County Or Parish
- Waterloo
- Cross Street
- Frederick St and Lancaster St
- Directions
- Major Intersections are Lancaster St. E and Frederick St.
- Showing Requirements
- List Salesperson
Location
50 Gordon Avenue, Kitchener, ON N2H 1N8, Kitchener, ON, N2H 1N8