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$2,995,000
Available - For Sale
Listing ID: X12444952
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.
Price $2,995,000
Taxes: $29,951.26
Tax Type: Annual
Occupancy by: Tenant
Address: 50 Gordon Aven , Kitchener, N2H 1N8, Waterloo
Postal Code: N2H 1N8
Province/State: Waterloo
Directions/Cross Streets: Frederick
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 11,700.36
Total Area Code:  Square Feet
Area Influences: Public Transit  
Maintenance: 0
Heat Type: Baseboard
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE WOLLE REALTY

50 Gordon Aven , Kitchener, N2H 1N8, Waterloo


 
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Type: Com - Investment
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 162.00(Feet)
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Tax: $29,951.26
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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