50 GORDON Avenue, Kitchener, Ontario N2H1N8
Listing courtesy of Royal LePage Wolle Realty.
- $2,980,000
- 23
- BD
- 12
- BA
- 7,500
- SqFt
- List Price
- $2,980,000
- Price Change
- ▼ $15,000 1762218706
- MLS®
- 40776124
- Days on Market
- 296
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Bedrooms
- 23
- Bathrooms
- 12
- Living Area
- 7,500
- Subdivision
- 212 - Downtown Kitchener/East Ward
Property 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. (id:5764)
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Additional Information
- Ownership
- Freehold
- Subdivision
- 212 - Downtown Kitchener/East Ward
- Parking Spaces
- 12
- Cooling
- None
- Country
- Canada
- Sewer
- Municipal sewage system
- Community Features
- Quiet Area
- Heating
- Baseboard heaters
- Lot Features
- Laundry- Coin operated
- Total Number Of Units
- 12
- Stories
- 3
