ON > Kitchener
Kitchener, ON N2H 1N8,50 Gordon Avenue
Kitchener, ON N2H 1N8,50 Gordon Avenue
Kitchener, ON N2H 1N8,50 Gordon Avenue
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Listed by Yaneth Maribel Siliezar • Royal LePage Wolle Realty
$2,995,000
Est. payment /mo
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7,500 SqFt
New

50 Gordon Avenue Kitchener, ON N2H 1N8

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,500 sqft

Price per Sqft $399

MLS Listing ID 40776124

Abv Grd Liv Area 7,500

Annual Tax Amount $28,951

Property Sub-Type Multi Family

Source Cornerstone

Property Description

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.

Location

Province ON

County Waterloo

Area 2 - Kitchener East

Zoning C3

Direction Major Intersections are Lancaster St. E and Frederick St.

Rooms

Basement Partial, Unfinished

Kitchen 0

Interior

Interior Features None

Heating Baseboard

Cooling None

Fireplace No

Laundry Coin Operated

Exterior

Roof Type Asphalt Shing

Lot Frontage 75.0

Garage No

Building

Lot Description Rectangular, Highway Access, Hospital, Park, Public Transit, Quiet Area, Shopping Nearby

Faces Major Intersections are Lancaster St. E and Frederick St.

Story 3

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick,Cement Siding,Concrete

New Construction No

Others

Senior Community No

Tax ID 223120080

Ownership Freehold/None

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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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50 Gordon Avenue

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