LOADING

50 Gordon Avenue Kitchener, Ontario N2H 1N8

7500 sqft
None Baseboard Heaters

$2,995,000

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. (id:63008)

Property Details

MLS® Number 40776124
Property Type Multi-family
AmenitiesNearBy Hospital, Park, Public Transit, Shopping
CommunityFeatures Quiet Area
Features Laundry- Coin Operated
ParkingSpaceTotal 12

Building

BasementDevelopment Unfinished
BasementType Partial (unfinished)
CoolingType None
ExteriorFinish Brick, Concrete
HeatingType Baseboard Heaters
StoriesTotal 3
SizeInterior 7500 Sqft
UtilityWater Municipal Water

Land

AccessType Highway Access
Acreage No
LandAmenities Hospital, Park, Public Transit, Shopping
Sewer Municipal Sewage System
SizeFrontage 75 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription C3

https://www.realtor.ca/real-estate/28946833/50-gordon-avenue-kitchener

Yaneth Maribel Siliezar
Salesperson


Royal LePage Wolle Realty
71 Weber Street E., Unit B
Kitchener, Ontario N2H 1C6

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