50 Gordon Avenue, Kitchener, ON N2H 1N8

Listing courtesy of ROYAL LEPAGE WOLLE REALTY.

$2,980,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,980,000
Price Change
▼ $15,000 1762216843
MLS®
X12444952
Days on Market
295
Status
ACTIVE
Type
Commercial
Subtype
Investment
Subdivision
Frederick

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.

Additional Information

Subdivision
Frederick
Country
CA
Community Features
Public Transit

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks