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.
Features of 50 Gordon Avenue
| MLS® # | 40776124 |
|---|---|
| Price | $2,995,000 |
| Bedrooms | 23 |
| Bathrooms | 12.00 |
| Square Footage | 7,500 |
| Acres | 0.00 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 50 Gordon Avenue |
|---|---|
| Area | 2 - Kitchener East |
| Subdivision | 212 - Downtown Kitchener/East Ward |
| City | Kitchener |
| County | Waterloo |
| Province | ON |
| Postal Code | N2H 1N8 |
Amenities
| Parking Spaces | 12 |
|---|---|
| # of Garages | 0.00 |
| Is Waterfront | No |
Interior
| Interior Features | None |
|---|---|
| Appliances | Refrigerator, Stove |
| Heating | Baseboard |
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Partial, Unfinished |
Exterior
| Lot Description | Rectangular, Highway Access, Hospital, Park, Public Transit, Quiet Area, Shopping Nearby |
|---|---|
| Roof | Asphalt Shing |
| Construction | Brick, Cement Siding, Concrete |
Additional Information
| Date Last Updated | October 27th, 2025 |
|---|---|
| Zoning | C3 |
Listing Details
| Office | Royal LePage Wolle Realty |
|---|