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50 Gordon Avenue, Kitchener, ON N2H 1N8

Kitchener, ON, N2H 1N8

— Sq Ft
12 Parking
Investment Type
X13699040 MLS#

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

Listing courtesy of ROYAL LEPAGE WOLLE REALTY
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