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Home ON Kitchener - Cambridge - Waterloo Waterloo Region Kitchener Central Frederick
50 GORDON AVENUE
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50 GORDON AVENUE $2,980,000
$2,980,000
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50 GORDON AVENUE
Kitchener, Ontario N2H1N8

MLS® Number: X12444952

Listing 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. (41396968)

Location Description

Cross Streets: Frederick. ** Directions: Lancaster St E and Frederick St.

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Land Size
Bldg=75 x 162 FT
Annual Property Taxes
$29,951.26
Total Parking Spaces
12
Time on REALTOR.ca
72 days

Building

Interior Features
Appliances Included
Water softener
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)
Neighbourhood Features
Amenities Nearby
Public Transit
Parking
Total Parking Spaces
12

Measurements

Square Footage
11700 sqft
Exterior Building Size
11700 sqft

Land

Lot Features
Frontage
75 ft
Land Depth
162 ft
Other Property Information
Zoning Description
C3
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