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For sale · MLS® X13699040

50 Gordon Avenue, Kitchener, ON N2H 1N8

Kitchener, ON N2H 1N8

$2,980,000Property tax (2025): $28,951.26 / year
79 Days on MLSInvestment75 ft × 162 ft Lot dimensions
Quick cost estimateKnown monthly subtotal$16,278.07 / monthLand transfer tax $56,075One-time estimate
PLANNING ESTIMATE

Quick cost estimate

$16,278.07 / month

Known monthly subtotal

Mortgage principal & interest
$13,865.46
Property tax / month
$2,412.61
Maintenance / month
Period / amount not reported

Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.

Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.

Land transfer tax · one time

Transfer tax total
$56,075

Before rebates, surcharges and fees. Not part of the monthly subtotal.

Tax assumptions & breakdown

Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.

Ontario tax
$56,075
Toronto municipal tax
$0

Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.

Ontario rates · Toronto rates (April 2026)

Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.

Adjust cost assumptions ↓ · Closing-cost tools

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About this home

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.

Home details

Days on market
Not reported
Property type
Investment
MLS® number
X13699040
Source status
New
Postal code
N2H 1N8
Building area (total)
11,700.36 sq ft
Lot depth
162 ft
Garage parking spaces
Not reported
Total parking spaces
Not reported
Occupancy
Tenant
Possession type
Flexible
Garage
None
Annual property tax
28951.26
Heating system
Baseboard
Cooling
No
Utility services
Available
MLS entry age (not confirmed DOM)
79 days

These details come from the listing source. Please confirm measurements and fees before making a decision.

Utilities and services

Reported utility services
Available
Heating system
Baseboard
Cooling
No

A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.

Rooms & virtual tours

Room measurements

Room measurement units

Loading source-reported room dimensions…

Converted measurements are approximate. Levels and dimensions are shown only when supplied.

Room-count details have not been supplied for this listing.

Ask the listing brokerage for floor plans and measured room layouts.

PARTIAL SOURCE RECORD

Listing dates & price record

Asking amount
$2,980,000
  1. Original MLS entry

    Entry into the source MLS system; distinct from days on market.

Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.

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Estimate monthly costs

Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.

Enter assumptions

Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

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Map and neighbourhood

Region / county
WATERLOO
Municipality
KITCHENER
See homes for sale in Kitchener →
PLAN YOUR ROUTE

Plan a trip from this home

Check a route from this property to work, school or another destination. Google Maps provides the current estimate when opened; traffic and departure time affect results.

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Around this property

Schools, transit & everyday places

Published local sources. Distances are approximate straight-line distances, not walking routes.

Nearby publicly funded schools

Within 5 km · approximate straight-line distances, not walking routes or attendance eligibility.

School year 2024-2025 · Preliminary · publisher extract 2026-09-14.

357 m

Suddaby Public School ↗

Elementary · JK-6 · English · Public

Waterloo Region DSB

171 Frederick St, Kitchener

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
67%
Grade 3 Writing (at provincial standard)
58%
Grade 3 Mathematics (at provincial standard)
58%
Grade 6 Reading (at provincial standard)
90%
Grade 6 Writing (at provincial standard)
89%
Grade 6 Mathematics (at provincial standard)
58%
873 m

St Anne Catholic Elementary School ↗

Elementary · JK-8 · English · Catholic

School board: Waterloo CDSB ↗

250 East Ave, Kitchener

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
68%
Grade 3 Writing (at provincial standard)
53%
Grade 3 Mathematics (at provincial standard)
55%
Grade 6 Reading (at provincial standard)
90%
Grade 6 Writing (at provincial standard)
82%
Grade 6 Mathematics (at provincial standard)
45%
922 m

Margaret Avenue Public School ↗

Elementary · 7-8 · English · Public

Waterloo Region DSB

325 Louisa St, Kitchener

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

No published percentages for these measures in this source record.

1.2 km

Cameron Heights Collegiate Institute ↗

Secondary · 9-12 · English · Public

Waterloo Region DSB

301 Charles St E, Kitchener

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 9 Mathematics (at provincial standard)
74%
Grade 10 OSSLT (first-attempt pass)
90%
1.2 km

Sheppard Public School ↗

Elementary · JK-6 · English · Public

Waterloo Region DSB

278 Weber St E, Kitchener

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
82%
Grade 3 Writing (at provincial standard)
62%
Grade 3 Mathematics (at provincial standard)
58%
Grade 6 Reading (at provincial standard)
72%
Grade 6 Writing (at provincial standard)
84%
Grade 6 Mathematics (at provincial standard)
60%
1.5 km

Courtland Avenue Public School ↗

Elementary · 7-8 · English · Public

Waterloo Region DSB

107 Courtland Ave E, Kitchener

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

No published percentages for these measures in this source record.

1.5 km

St Teresa Catholic Elementary School ↗

Elementary · JK-8 · English · Catholic

School board: Waterloo CDSB ↗

270 Edwin St, Kitchener

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
72%
Grade 3 Writing (at provincial standard)
64%
Grade 3 Mathematics (at provincial standard)
69%
Grade 6 Reading (at provincial standard)
86%
Grade 6 Writing (at provincial standard)
91%
Grade 6 Mathematics (at provincial standard)
45%
1.5 km

Smithson Public School ↗

Elementary · JK-6 · English · Public

Waterloo Region DSB

150 Belleview Ave, Kitchener

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
64%
Grade 3 Writing (at provincial standard)
48%
Grade 3 Mathematics (at provincial standard)
48%
Grade 6 Reading (at provincial standard)
69%
Grade 6 Writing (at provincial standard)
79%
Grade 6 Mathematics (at provincial standard)
57%

Confirm programs and attendance with the school board. Private schools and verified catchment boundaries are not included. Contains information licensed under the Open Government Licence – Ontario. Ministry source.

NEARBY CONNECTIONS

Transit near this property

Published transit locations. Distances are straight-line estimates, not walking routes or travel times.

Rail & subway · within 5 km

  • Kitchener GOGO Transit · Train
    1.0 km

Bus & streetcar · within 2 km

  • Weber St. E. @ Queen St. N.GO Transit · Bus
    667 m
  • Weber St. W. @ Queen St. N.GO Transit · Bus
    697 m
  • Kitchener GO BusGO Transit · Bus
    995 m
Sources & service information

These are locations in published feeds, not live arrivals or confirmation of service at this moment. Station platforms are grouped only by the source parent-station relationship. Check the agency for schedules, disruptions, access and entrances. Coverage: TTC, GO Transit and UP Express only; other agencies are not yet connected.

Nearby shops & amenities

No nearby places were returned by the current OpenStreetMap snapshot. Coverage is regional and may be incomplete; verify business details before visiting.

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Similar homes for sale in Kitchener, Waterloo, Ontario

Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.

Property questions

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Are the measurements and features independently verified?

Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.

What do nearby school, transit and shop results mean?

They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.

Can I see sold prices for nearby properties?

Sold and leased comparable records are shown only to approved VOW users where the source permits display. Sign in or request VOW access if prompted.

How should I use the monthly cost estimate?

It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.

Home and neighbourhood overview

50 Gordon Avenue, Kitchener, ON N2H 1N8, Kitchener is listed for sale as a Investment. Asking price: $2,980,000. Occupancy is reported as Tenant. MLS® X13699040.

The Ministry’s school dataset lists Suddaby Public School approximately 357 m from the property’s mapped location. The published GO Transit feed includes Kitchener GO, approximately 1.0 km away.

Local context

The Ministry’s school dataset lists Suddaby Public School approximately 357 m from the property’s mapped location.

The published GO Transit feed includes Kitchener GO, approximately 1.0 km away.

Sources & distance notes

Distances are approximate straight-line estimates to mapped points or area centres. School proximity does not establish attendance eligibility. Published transit locations do not confirm service at this moment.

Explore the area: Waterloo · Kitchener.

This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.

Listing brokerage: ROYAL LEPAGE WOLLE REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13699040. Information deemed reliable but not guaranteed.

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Property at 50 Gordon Avenue, Kitchener, ON N2H 1N8