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50 GORDON Avenue, Kitchener

23 BEDS · 12 BATHS · 7500 sqft

$2,980,000

Excellent opportunity to acquire a well-maintained 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 todaya??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 Ontarioa??s growing rental markets.

General Info


MLS Listing ID: 40857417 Bedrooms: 23 Bathrooms: 12 Year Built: 0
Listing Type: Multi-family Half Baths: N/A Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: N/A Roof: N/A Title To Land: Freehold Parking Space Total: 12
Parking: Open Heating: Baseboard heaters Size: 7500 sqft Air Conditioning : None
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: Partial (Unfinished)
Water Supply: Municipal water Road Type: N/A Pool Type: N/A

Amenities/Features


  • Laundry- Coin operated

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