50 Gordon Avenue, Kitchener, ON N2H 1N8, Kitchener, ON
11700.36 sqft
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.
Property Highlights
For Sale
MLS NO.
X12444952
Type
Commercial
Sub Type
Investment
Square Footage
11700.36 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X12444952
Lot Width
75.0
Garage Type
None
Cooling
No
Heat Type
Baseboard
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
50 Gordon Avenue, Kitchener, ON N2H 1N8
City
Kitchener
County / Region
Waterloo
Province / State
ON
Postal Code
N2H 1N8
Cross Street
Frederick
Directions
Lancaster St E and Frederick St
Country
CA
List Price
$2,980,000
Annual Taxes
$29,951
Tax Year
2024
Possession Type
Flexible
Possession Details
Flexible
Listing Office
ROYAL LEPAGE WOLLE REALTY
Board
Toronto Regional Real Estate Board
Original Entry
2025-10-04T13:46:32Z
Media Updated
2025-10-04T13:46:32Z
Photos Updated
2025-10-04T13:46:32Z
Last Modified
2026-02-23T03:05:51Z
System Modified
2026-02-23T03:05:51.644157Z
MLS Status
Extension
Ddfyn
Yes
Expiration Date
2026-07-31
Heat Type Multi
Baseboard
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Parking Spaces
12
Public Remarks
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.