50 Gordon Avenue, Kitchener, ON N2H 1N8

Kitchener N2H 1N8 Ontario

MLS: X12444952

$2,995,000

Added 2 hours ago | For Sale

Listed by: ROYAL LEPAGE WOLLE REALTY

About Property

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

  • House Style:Investment
  • Bathrooms:
  • Land Size: 75 X 162
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Frederick
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $29951.26
  • Bedrooms:
  • Total Parking Spaces:12
  • Parking Places:12
  • Heating Type:Baseboard
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12444952

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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