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50 GORDON Avenue Kitchener

50 GORDON Avenue, Kitchener, Ontario

$2,980,000

  • 23 Beds
  • 12 Baths
  • 7,500 Square Feet

Excellent opportunity to acquire a well-maintained 12-unit multi-residential investment property in the strong and growing Kitchener rental market. Located at 50 Gordon Ave., Kitchener, this purpose-built apartment building features 11 two-bedroom units and 1 one-bedroom unit, offering a desirable mix for today’s rental market. Each unit includes dedicated parking, a private balcony, and its own hydro meter, providing attractive features for tenants while helping manage operating costs. Ideally situated just minutes from Downtown Kitchener, the property is close to public transit, schools, shopping, restaurants, and major employment centers. Its convenient location, combined with the continued growth of the Kitchener-Waterloo region, supports strong and consistent rental demand. This property presents an opportunity to acquire an established income-producing asset with long-term value-add potential. Future upside may be achieved through selective unit modernization, improvements to the property, and rental growth over time. A compelling opportunity for investors looking to add a 12-unit apartment building to their portfolio in one of Ontario’s growing rental markets. (id:23309)

  • Listing ID: 40857417
  • Property Type: Multi-family

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Details

  • Amenities Nearby: Hospital, Park, Public Transit, Shopping
  • Community Features: Quiet Area
  • Features: Laundry- Coin operated
  • Ownership: Freehold
  • Parking Spaces: 12
  • Transaction: For sale
  • Zoning Description: C3

Building

  • BasementType: Partial (Unfinished)
  • Basement Development: Unfinished
  • Cooling: None
  • Exterior Finish: Brick, Concrete
  • Fireplace Present: False
  • Bathrooms (Total): 12
  • Heating: Baseboard heaters
  • Size Interior: 7500 sqft
  • Stories Total: 3
  • Utility Water: Municipal water

Land

  • Access Type: Highway access
  • Amenities: Hospital, Park, Public Transit, Shopping
  • Sewer: Municipal sewage system
  • Size Frontage: 75 ft
MLS®

Listing provided by Royal LePage Wolle Realty
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 50 GORDON Avenue in Kitchener Ontario. It was last modified on August 21st, 2026. Contact Paul Busnello to schedule a viewing or to discover other Kitchener homes for sale.

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