50 Gordon Ave, Kitchener, ON N2H 1N8, Canada
50 Gordon Ave, Kitchener, ON N2H 1N8, CanadaBasics
- Date added: Added 5 days ago
- Category: Residential Income
- Type: Multi Family
- Status: Active
- Bedrooms: 0
- Bathrooms: 0
- Area: 7500 sq ft
- County Or Parish: Waterloo
- MLS ID: 40776124
Description
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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.
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Location
- Parking Total: 12
- Directions: Major Intersections are Lancaster St. E and Frederick St.
Building Details
- Number Of Units Total: 0
- Building Area Total: 7500 sq ft
- Number Of Buildings: 0
- Construction Materials: Brick, Cement Siding, Concrete
- Roof: Asphalt Shing
Amenities & Features
- Water Source: Municipal
- Sewer: Sewer (Municipal)
- Cooling: None
- Interior Features: None
- Heating: Baseboard
