50 Gordon Avenue Kitchener, Ontario N2H 1N8
23 Bedroom
12 Bathroom
7,500 sqft
None
Baseboard Heaters
$2,980,000
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:15069)
Property Details
| MLS® Number | 40776124 |
| Property Type | Multi-family |
| Neigbourhood | Central Frederick |
| Amenities Near By | Hospital, Park, Public Transit, Shopping |
| Community Features | Quiet Area |
| Features | Laundry- Coin Operated |
| Parking Space Total | 12 |
Building
| Bathroom Total | 12 |
| Bedrooms Total | 23 |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Cooling Type | None |
| Exterior Finish | Brick, Concrete |
| Heating Type | Baseboard Heaters |
| Stories Total | 3 |
| Size Interior | 7,500 Sqft |
| Utility Water | Municipal Water |
Parking
| Open |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Hospital, Park, Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 75 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | C3 |
https://www.realtor.ca/real-estate/28946833/50-gordon-avenue-kitchener
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