50 GORDON Avenue, Kitchener NEW LISTING

Brokered by: Royal LePage Wolle Realty

MLS®: 40853726 (Freehold)

Price: $2,980,000.00

Address: 50 GORDON Avenue, Kitchener
FOR SALE
Subdivision: 212 - Downtown Kitchener/East Ward
Postal Code: N2H1N8
Style: 
Bedrooms: 23
Bathrooms: 12
Parking:  Open
Garage: Open
Lot Size (Approximate):   75 ft x
Stories:  3


About 50 Gordon Avenue

Position yourself for long-term growth with this purpose-built 12-unit apartment building in one of Ontario s strongest rental markets. The property features 11 two-bedroom units and 1 one-bedroom unit, with each suite offering its own hydro meter, private balcony, and dedicated parking space. Ideally located just minutes from downtown Kitchener, the building is close to public transit, schools, shopping, and major employers—providing the convenience and accessibility that today s tenants are looking for. With continued population growth, low rental vacancy rates, and strong demand for quality housing in the Kitchener-Waterloo region, this property offers dependable income today and significant upside for tomorrow. Investors have the opportunity to increase value over time through strategic unit renovations and future rental growth as tenancies naturally turn over. Whether you re expanding an existing portfolio or acquiring a well-located multi-family asset, 50 Gordon Avenue presents an excellent opportunity to secure a stable investment with long-term appreciation potential. (id:56071). Get more information on 50 Gordon Avenue

Property Features

Features:  Laundry- Coin operated
Rental Equipment:  
Directions:  Major Intersections are Lancaster St. E and Frederick St.
Zoning Description:  C3
Interior Size (Approximate):  11700 sqft
Community Features:  Quiet Area
Access:  Highway access
Lot (Approximate):  under 1/2 acre
Exterior Finish:  Brick, Concrete
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   / None
Age (Approximate): 
Basement:  Partial (Unfinished) Unfinished

Rooms & Sizes

(Approximate)

     

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John DiRenzo

Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490

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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.