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$2,980,000

50 Gordon Ave

Kitchener, ON N2H 1N8

50 Gordon Ave, Kitchener — Listed at $2,980,000 Investment. MLS® X13699040.

Possession · seller's timeline

Flexible

Apts - 6 To 12 Units
Investment
$28,951.26Taxes/yr · 2025

Description

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 Details

Property TypeInvestment
Lot Dimensions75 × 162 ft
Dir/Cross StFrederick St and Lancaster St
Garage TypeNone
Heating TypeBaseboard
A/CNo
Taxes (2025)$28,951.26
HSTIn Addition To
Listed Date8/21/2026
Days on Market54 days

Business Details

Property Sub-TypeInvestment
Business TypeApts - 6 To 12 Units
Property UseApartment
Occupant TypeTenant
Showing RequirementsList Salesperson
Possession TypeFlexible
Listing Expires11/21/2026
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: ROYAL LEPAGE WOLLE REALTY

MLS® #X13699040

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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