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.
Royal LePage Wolle Realty
$2,995,000
50 Gordon Avenue, Kitchener, Ontario
23 Bedrooms
12 Bathrooms
7500 Sqft
Property
MLS® Number: 40776124
Address: 50 Gordon Avenue
City: Kitchener
Exterior: Brick, Cement Siding, Concrete
Utilities
Heating: Baseboard
Parking
Parking Spaces: 12
This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.
Property Sale History
Travel and Neighbourhood
91/100Walk Score®
Walker's Paradise
Location
