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For sale · MLS® X13699040

50 Gordon Avenue, Kitchener, ON N2H 1N8

Kitchener, ON N2H 1N8

$2,980,000Asking price
— Bedrooms— Bathrooms11700.36 Reported areaInvestment Type

About this property

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.

Property facts & features

Property type
Investment
MLS® number
X13699040
Source status
New
Bedrooms
Not provided
Bathrooms
Not provided
Reported interior area
11700.36
Neighbourhood
Not provided
Postal code
N2H 1N8
Garage
None
Lot depth (source units)
162
Annual property tax
28951.26
Basement
Not provided
Laundry
Not provided
Interior features
Not provided
Exterior features
Not provided

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

Floor plans and verified room measurements are not available for this property.

Property value & listing history

Current authorized listing record

New · $2,980,000

Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.

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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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Location & neighbourhood

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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