50 Gordon Ave

For Sale New 15 hours
$2,995,000
beds
1 baths
7,500 Sqft

50 Gordon Ave

For Sale New 15 hours
$2,995,000
beds
1 baths
7,500 Sqft

Highlights

Key insights

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.

Yaneth Maribel Siliezar of Royal LePage Wolle Realty,
MLS®#40776124
updated 2 hours ago.
Houseful checked MLS® for data 2 hours ago.

Home overview

Amenities / Utilities
  • Cooling
    None
  • Heat type
    Baseboard
  • Pets allowed (y/n)
    No
  • Sewer/ septic
    Sewer (municipal)
Exterior
  • # total stories
    3
  • Construction materials
    Brick, cement siding, concrete
  • Roof
    Asphalt shing
  • # parking spaces
    12
Interior
  • # total bathrooms
    0.0
  • Has fireplace (y/n)
    Yes
  • Laundry information
    Coin operated
  • Interior features
    None
Location
  • County
    Waterloo
  • Area
    2 - kitchener east
  • Water source
    Municipal
  • Zoning description
    C3
Lot/ Land Details
  • Lot desc
    Rectangular, highway access, hospital, park, public transit, quiet area, shopping nearby
  • Lot dimensions
    75 x
Overview
  • Approx lot size (range)
    0 - 0.5
  • Basement information
    Partial, unfinished
  • Building size
    7500
  • Mls® #
    40776124
  • Property sub type
    Multi-family
  • Status
    Active
  • Virtual tour
  • Tax year
    2024
SOA_HOUSEKEEPING_ATTRS
  • Listing type identifier
    Idx

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$-7,987

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25 Years fixed, 20% down payment, % interest
$
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