50 Gordon Avenue, Kitchener, Ontario

$2,995,000

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23

Beds

12

Baths

7,500

Square feet

About 50 Gordon Avenue

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. (id:6289)

Features of 50 Gordon Avenue

Listing # 40776124
Price $2,995,000
Bedrooms 23
Bathrooms 12.00
Square Footage 7,500
Acres 0.00
Type Multi-family
Sub-Type Freehold

Community Information

Address 50 Gordon Avenue
Subdivision 212 - Downtown Kitchener/East Ward
City Kitchener
Province Ontario
Postal Code N2H1N8

Amenities

Amenities Hospital, Park, Public Transit, Shopping
Features Laundry- Coin operated
Parking Spaces 12
Is Waterfront No
Has Pool No

Interior

Heating Baseboard heaters
Cooling None
Fireplace No
# of Stories 3
Has Basement No

Exterior

Exterior Brick, Concrete

Listing Details

OfficeRoyal LePage Wolle Realty

Listing Map

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