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$ 2,980,000
Est. payment /mo
Price Dropped by $15K
50 Gordon AVE Kitchener, ON N2H 1N8
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID X12444952
Annual Tax Amount $29,951
Tax Year 2024
Property Sub-Type Investment
Property 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.
Location
Province ON
County Waterloo
Area Waterloo
Interior
Cooling No
Exterior
Community Features Public Transit
Utilities Available Available
Lot Frontage 75.0
Lot Depth 162.0
Others
ParcelsYN No
Virtual Tour https://unbranded.youriguide.com/50_gordon_ave_kitchener_on/
Listed by ROYAL LEPAGE WOLLE REALTY