ExtensionFor Sale

50 Gordon Avenue
Kitchener, Waterloo, ON, N2H 1N8

Investment
TRREB
MLS® Number: X12444952
$2,980,000List Price
InvestmentProperty Type
11,700.36 sq ftSize
$29,951.26 / 2024Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 50 Gordon Avenue, Kitchener, ON N2H 1N8

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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.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$29,951.26 / 2024
Listing #:X12444952
Property Type:Investment
Size:11,700.36 sq ft
Land Size:75 x 162
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:ROYAL LEPAGE WOLLE REALTY

Rooms

Details

Property

Property Type:Investment
Municipality:Waterloo

Building

Size:11,700.36 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Baseboard

Land

Cross Street:Frederick

$2,980,000

List price

50 Gordon Avenue, Kitchener – Investment for sale · MLS® # X12444952 | CPRB