50 Gordon Avenue, Kitchener MLS Number: X13699040
Kitchener, Waterloo, ON, N2H 1N8$2,980,000
Status: For Sale
- Property Type: Commercial (Investment)
- Property Taxes : $28951.26 (Tax Year:2025)
- Listing Courtesy : Royal Lepage Wolle Realty
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$2,980,000
Status: For Sale
Excellent opportunity to acquire a 12-unit multi-residential investment property in the strong and growing Kitchener rental market. Located at 50 Gordon Ave., Kitchener, this purpose-built apartment building features 11 two-bedroom units and 1 one-bedroom unit, offering a desirable mix for today's rental market. Each unit includes dedicated parking, a private balcony, and its own hydro meter, providing attractive features for tenants while helping manage operating costs. Ideally situated just minutes from Downtown Kitchener, the property is close to public transit, schools, shopping, restaurants, and major employment centers. Its convenient location, combined with the continued growth of the Kitchener-Waterloo region, supports strong and consistent rental demand. This property presents an opportunity to acquire an established income-producing asset with long-term value-add potential. Future upside may be achieved through selective unit modernization, improvements to the property, and rental growth over time. A compelling opportunity for investors looking to add a 12-unit apartment building to their portfolio in one of Ontario's growing rental markets.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X13699040 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :21 Aug, 2026 (30 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Waterloo |
|---|---|
| Postal Code | :
N2H 1N8
|
| Price | : $2,980,000 |
|---|---|
| Property Taxes | :$28951.26 |
| Tax Year | :2025 |
|---|
| Air Conditioning | :No |
|---|---|
| Heating | :Baseboard |
| Cross Street | :Frederick St and Lancaster St |
03 Nov, 2025
TREB #X12444952
Price Change
$2980000.0
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