50 GORDON Avenue
212 - Downtown Kitchener/East Ward, Kitchener, Ontario
- 23 beds
- 12 baths
- 7,500 square feet
About this property
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:66327)
Property details
Interior
- Bedrooms
- 23
- Bathrooms
- 12
- Living area
- 7,500 square feet
- Storeys
- 3
- Basement
- Unfinished, Partial
Exterior & parking
- Architectural style
- []
- Parking spaces
- 12
- Parking features
- Open
- Exterior features
- Concrete, Brick
Building & HOA
- Heating
- Baseboard heaters
- Cooling
- None
Financial & legal
- List price
- $2,980,000
- Price / sqft
- $397 / sqft
- Annual taxes
- $28,951
- Tenure
- Freehold
- Status
- Active
- MLS® number
- 40776124
Location
- City
- Kitchener
- Neighbourhood
- 212 - Downtown Kitchener/East Ward
- Province
- Ontario
- Postal code
- N2H1N8
- Directions
- Major Intersections are Lancaster St. E and Frederick St.
Mortgage calculator
Estimate only — excludes taxes, insurance and CMHC. Contact us for a real quote.
Location & neighbourhood
Explore what’s nearby:
Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).
