Skip to content
1 / 25
Multi FamilyMLS® 40857417

50 Gordon Avenue, Kitchener ON N2H 1N8

Downtown Kitchener/East Ward, Kitchener, N2H 1N8

$2,980,000

23Bedrooms
12Bathrooms
7,500Sq ft
12Parking
3Storeys
Multi FamilyType
0Days on market

The home

About this property

Excellent opportunity to acquire a well-maintained 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.

Specifications

Property details

Property type

Residential Income

Lot

75 x

Taxes

$28,951 (annual)

Heating

Baseboard

Cooling

None

Basement

Partial, Unfinished

Parking

12 total

Days on market

0

What's included

Features and amenities

Interior

None

Lot

RectangularHighway AccessHospitalParkPublic TransitQuiet AreaShopping Nearby

Appliances

RefrigeratorStove

Where it sits

Location

Pin placed at the coordinates supplied by the MLS® System.

Listed by Yaneth Maribel Siliezar, Royal LePage Wolle Realty (the Cornerstone Association of REALTORS®).

Listing content protected by copyright and licensed by Information Technology Systems Ontario. Information is deemed reliable but is not guaranteed accurate by ITSO. Measurements are deemed reliable but not guaranteed.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Presented by Rebecca Dorey, Sales Representative, RE/MAX Solid Gold Realty (II) Ltd., Brokerage. Each office independently owned and operated.