50 Gordon AVE, Kitchener, ON N2H 1N8
50 Gordon AVE, Kitchener, ON N2H 1N8
50 Gordon AVE, Kitchener, ON N2H 1N8
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Paul Shantz

Paul Shantz

+1(519) 829-8656
$2,980,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

MLS Listing ID X12444952

Annual Tax Amount $29,951

Tax Year 2024

Property Sub-Type Investment

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.

Location

Province ON

County Waterloo

Area Waterloo

Interior

Cooling No

Exterior

Community Features Public Transit

Utilities Available Available

Lot Frontage 75.0

Lot Depth 162.0

Others

ParcelsYN No

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Listed by ROYAL LEPAGE WOLLE REALTY

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Paul Shantz
Paul Shantz

Agent | License ID: 6008661

+1(519) 829-8656

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50 Gordon AVE

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