Property Details
50 GORDON Avenue, Kitchener, Ontario, N2H1N8
Sales Representative
Royal LePage Wolle Realty Brokerage - Waterloo
Tel: 519-747-2040
$2,980,000 - For sale
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:2471)
Location DescriptionMajor Intersections are Lancaster St. E and Frederick St.
- Property Address:50 GORDON Avenue, Kitchener, Ontario, N2H1N8
- Property Type:Multi-family
- Title:Freehold
- Lot Size:under 1/2 acre
- Acreage:under 1/2 acre
- Sewage Type:Municipal sewage system
- Water Type:Municipal water
- Access:Highway access
- Driveway:Open
- Parking Space Total:12
- Bedrooms:23
- Bathrooms:12
- Floor Space:7500 sqft
- Heating Type:Baseboard heaters
- Storeys:3
- Basement Type:Partial (Unfinished)
- Cooling Type:None
- Exterior Type:Brick, Concrete
- Amenities Nearby:Hospital, Park, Public Transit, Shopping
Sales Representative
Royal LePage Wolle Realty Brokerage - Waterloo
Tel: 519-747-2040
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- Map 50 GORDON Avenue, Kitchener, Ontario, N2H1N8
- Neighbourhood Information
50 GORDON Avenue, Kitchener, Ontario, N2H1N8
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