Connie Huibers - Coldwell Banker Momentum Logo
$2,980,000
( $254.69Per Sq Foot )
 $15,997 est/mo Sourced by Back At You

50 Gordon Avenue,Kitchener, ON N2H 1N8

Kitchener, ON N2H 1N8

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Description

Excellent opportunity to acquire a 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.

Details

MLS #X13699040
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site10
Listing Provided ByROYAL LEPAGE WOLLE REALTY | X13699040 356100

Features

SQ Feet11,700
Acreage0.27

Interior

CoolingNo

Exterior

Community FeaturesPublic Transit

Utilities

UtilitiesAvailable

Taxes

Tax Annual Amount28951.26
Tax TypeAnnual
Tax Year2025

Area Information

ProvinceON
RegionWaterloo
CityKitchener
Postal CodeN2H 1N8
Listing VS Median (in N2H 1N8)
Price:
$2,980,000
low | high
Med:
$2,980,000
50% of Average
sqft:
11,700
low | high
Med:
11,700
50% of Average
$ / sqft:
$255
low | high
Med:
$255
50% of Average
On site:
10
low | high
Med:
10
100% of Average
Sourced by Back At You

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Additional Information

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Contact

Learn More About This Property

Connie Huibers

Connie Huibers

Momentum Realty

Real Estate Broker (905) 988-7778connie-huibers@coldwellbanker.ca
ProvinceON
RegionWaterloo
CityKitchener
Postal CodeN2H 1N8
Listing VS Median (in N2H 1N8)
Price:
$2,980,000
low | high
Med:
$2,980,000
50% of Average
sqft:
11,700
low | high
Med:
11,700
50% of Average
$ / sqft:
$255
low | high
Med:
$255
50% of Average
On site:
10
low | high
Med:
10
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $2.235M - $3.725M
sqft: 8,500 - 14,500
Nearby Listings Property ImageNearby Listings Details
40 Lancaster Street W Property Photo 1
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40 Lancaster Street W
Kitchener, ON N2H 4S9
40 Lancaster Street W Property Photo 1
$1
40 Lancaster Street W
Kitchener, ON N2H 4S9
58 Madison Avenue N Property Photo 1
$2,499,000
58 Madison Avenue N
Kitchener, ON N2H 2Z6
Listing Updated: August 21, 2026 at 7:08:44 AM PDT

Connie Huibers - Coldwell Banker Momentum