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:4069)
Address
50 GORDON Avenue
List Price
$2,980,000
Property Type
Multi-family
Transaction Type
Sale
Area
Ontario
Sub-Area
Kitchener
Bedrooms
23
Bathrooms
12
Floor Area
7,500 Sq. Ft.
MLS® Number
40776124
Listing Brokerage
Royal LePage Wolle Realty
Basement Area
Partial (Unfinished)
Postal Code
N2H1N8
Zoning
C3
Site Influences
Hospital, Park, Public Transit, Shopping
Features
Laundry- Coin operated
