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.More details
Discover Madison Place at 58 Madison Ave, a turnkey 12-unit income property strategically positioned in Kitchener’s high-demand rental corridor. Fully renovated in 2015, this meticulously maintained asset blends classic charm with modern, investor-ready upgrades. Every suite features newly installed PEX plumbing, fully rewired electrical systems with updated sub-panels, energy-efficient windows, and commercial-grade fire-rated doors and stairwells. The building’s mechanicals are equally impressive, including a north-side tankless boiler (2021), a reliable south-side boiler, and a durable galvanized steel roof installed just 15 years ago.
Financially, Madison Place delivers immediate, stable cash flow with $17,475 in monthly in-place rents. Operating expenses are strategically minimized through individually metered hydro, tenant-paid electric baseboard heating, and flat-rate hydro inclusions in select units. With 12 self-contained one-bedroom suites, a common coin-operated laundry room, and 10 dedicated parking spots, the property offers a highly efficient, low-maintenance profile ideal for passive investors or scaling landlords seeking immediate yield.
Located minutes from ION light rail, downtown Kitchener, University of Waterloo, and major healthcare hubs, this asset sits in a proven rental demand zone with sustained population growth and constrained multi-family inventory. This is a rare opportunity to acquire a fully refreshed, cash-flowing building with negligible near-term capital expenditure required. Secure your position in one of Ontario’s most resilient real estate marketsMore details
Listed by Coldwell Banker The Real Estate Centre and Coldwell Banker The Real Estate Centre, Brokerage
Solid brick a purpose-built triplex situated in the heart of Rosemount, a great investment opportunity offering tremendous income potential! This spacious property features a wide corner lot, perfect for future expansion with the possibility of adding accessory units to maximize your return on investment.Two 2 bedroom units are generously sized with brand new balconies, large kitchen and good size bedrooms, over 1000 sq ft of living space. One bedroom unit in the basement is completely renovated, including bathroom, kitchen, floors and electrical. Features three separately metered units, parking for more than 8 vehicles.Well maintained building with many upgrades and renovations, totaling over $120,000.00 recently, new shingle roof (2023), new brick chimney, upgrade to electrical panel in utility room, new sanitary mainline within building and through foundation connecting to property line, creating common area in the backyard, new sod (2024), 3 water heaters owned (2023) and much more. Sufficient outdoor parking. Book your showing today!!More details
Well-maintained, fully rented mixed-use property featuring three self-contained units, offering a income-generating opportunity. The building includes a one-bedroom basement apartment, a main floor office with kitchenette, and a spacious two-bedroom plus loft apartment spanning the second and third floors. Each unit is equipped with its own bathroom, providing convenience for tenants. The property offers parking for up to three vehicles, EV charging, shared laundry and benefits from large windows that provide excellent natural light throughout. Numerous recent improvements include a new furnace (2023), air conditioning system (2024), and newly constructed basement apartment (2024), among others. Ideally situated in a desirable downtown location. The property is within walking distance to a wide range of amenities including restaurants, shops, parks, churches, and schools. Convenient access to the expressway and location on public transit route further enhance its accessibility and appeal to both residential and commercial tenants. An excellent turnkey investment opportunity with stable rental income in a highly walkable and well-connected area. Also ideal for an owner-occupier—operate your business from the main floor office, live in the upper unit, and generate additional income from the basement apartment.More details
Looking for a mortgage helper, turnkey income property, long-term investment, development opportunity or triple garage right in the heart of Kitchener? Then 31 Bingeman is worth exploring! This well-maintained triplex offers three large, bright and spacious units with attractive layouts that appeal to both owners and tenants alike. Live in one unit – offset the mortgage with the other 2! Each unit is separately metered for hydro, plus huge detached garage with hydro too– great for workshop, extra vehicles, additional rental income, hobby space, potential storage, etc – so many possibilities! In addition to a great house-hack opportunity, savvy investors will love this for a stable multi-residential property in a growing market. Situated on a large 8,999 sq ft lot, the property offers 9 PARKING SPACES, and long-term upside as the city continues to grow. For those seeking larger development potential and income - let your imagination fly! The generous lot size also presents potential future opportunities such accessory dwelling unit/sever and multiplex/ further residential development etc. Located close to transit, shopping, restaurants, key amenities. Just minutes walk from Centre in the Square and Kitchener public Library, LRT City Hall Station and Brubacher Green Park for the kids. This versatile property offers good current income with exciting future potential. Each unit is full of character - must see to appreciate!More details
Listed by RED AND WHITE REALTY INC. and RE/MAX TWIN CITY REALTY INC.
Located in the highly desirable Westmount neighbourhood, this fantastic triplex at 71 Brandon Ave offers an exceptional opportunity for investors and future homeowners alike. Situated on a large lot with excellent potential for a substantial addition or future development, this property combines strong investment value with an unbeatable location. The building features a secure main entrance, updated windows throughout, shared laundry facilities, and a brand new metal roof installed in 2025 for added peace of mind. One unit is currently vacant, providing flexibility for an owner-occupier or the opportunity to set market rent, while two long-term tenants would love to stay. Perfectly positioned within walking distance to Belmont Village and Uptown Waterloo, you'll enjoy easy access to restaurants, cafés, shopping, parks, the Iron Horse Trail, and Grand River Hospital. Whether you're looking to expand your portfolio or invest in one of Kitchener-Waterloo's most sought-after neighbourhoods, this is a rare opportunity you won't want to miss.More details
Wow! An incredible opportunity to own a versatile triplex in the heart of Kitchener, with over 1,800 sqft of thoughtfully designed living space across 3 self-contained units, ideal for investors or multi-generational living at an attainable price point. Step inside and experience a property that balances functionality with character. The main level hosts 2 ground-floor units, perfect for ease of access: a bright 2-bedroom suite featuring updated luxury vinyl plank flooring and eye-catching exposed brick accents in the bedroom/kitchen, alongside a well-appointed 1-bedroom unit with warm hardwood floors, a spacious dual closet, and a private rear entry off the parking area. Upstairs, the 3rd unit offers a light-filled 2-bed layout with open-concept kitchen/living/dining space, updated flooring, and charming sloped ceilings adding architectural interest, complemented by views of mature trees. Each unit is finished in neutral tones and includes its own 4-pc bathroom, creating comfortable, independent living spaces. The partially finished basement adds more flexibility, complete with a 3-pc bath and expansive storage—offering endless potential for additional use or future value. Outside, a newly fenced yard and parking for 4+ vehicles enhance both convenience and appeal. Set in the historic Central Frederick neighbourhood, this location delivers the best of urban living with a strong sense of community. Enjoy being just minutes from downtown Kitchener, with easy access to local favourites like Centre In The Square, the vibrant Kitchener Market, and the Kitchener Memorial Auditorium. Everyday essentials, parks, and transit are all within reach, while nearby schools—including St. Anne’s, Suddaby Public School, and Cameron Heights Collegiate Institute—add to the area’s practicality. This is a neighbourhood known for its character, walkability, and connectivity—making it a compelling choice for tenants and homeowners alike, and a smart addition to any real estate portfolio.More details
Rare purpose-built triplex on one of the largest lots in the neighbourhood! Welcome to 26 Carnaby Crescent, a solid all-brick triplex located in the highly desirable Lackner Woods/Idlewood community of Kitchener. Opportunities like this are becoming increasingly difficult to find. Whether you’re an investor looking to expand your portfolio or an owner-occupier seeking mortgage-supporting rental income, this property offers exceptional value in a prime location. The building features two spacious 3-bedroom apartments and one 2-bedroom apartment, appealing to a wide range of tenants and helping support strong long-term rental demand. All units are currently tenanted, generating high gross rental income. Each unit is separately metered for hydro, while a brand-new, owned combo tankless boiler, 06/2026, provides efficient heating & added peace of mind for years to come. Set on an extraordinary pie-shaped lot, this property features approximately 171 feet across the rear lot line and depths of approximately 157 feet and 213 feet, making it one of the largest lots on Carnaby Crescent. Backyard offers a unique setting rarely found with multi-residential properties & presents exceptional long-term potential. Major improvements over the years include windows (2010), roof (2016), front balconies, railings and balcony flooring (2016), along with a brand-new owned boiler installed in June 2026. Ideally situated in a quiet residential neighbourhood surrounded by parks, walking trails and mature trees, tenants enjoy convenient access to schools, shopping, restaurants, public transit, the Grand River, Stanley Park amenities, Tim Hortons, Starbucks, the Kitchener Public Library, community pool and quick access to Highway 401.Purpose-built triplexes in established neighbourhoods are always in demand. Combine that with a lot of this size, strong rental income, extensive updates and an excellent location, and you have a rare investment opportunity with tremendous long-term potential.More details
WELCOME TO YOUR NEXT INVESTMENT PROPERTY! All savvy investors, pay attention. Legal Triplex with 3 units currently rented. Location, location, location! Only 240 metres to the Kitchener Market Station for easy LRT access for your tenants but still has parking for 2 vehicles. Photos of Unit 3 show the great floor plan of this basement unit, complete with gas fireplace and newly renovated (2024) kitchen with vinyl plank flooring. 2 two bedroom units, and 1 one bedroom unit make this very manageable for new or seasoned landlords. Shared laundry with a coin dryer for extra income. Book your viewing today!More details
Discover the one-of-a-kind Jacob Shoemaker estate built in 1840, a beautifully restored 1,500 sq ft luxury guest suite plus over 8,000 sq ft of unfinished space bursting with potential all nestled on a pristine 3/4 acre lot. Set in a legal four-plex on a private lot, this historic Georgian building pairs timeless character with modern sophistication. In 2021, the guest suite was fully renovated and showcases exceptional craftsmanship: in-floor heated bathroom, black walnut vanity, curbless shower with niche lighting, maple window sills, custom trim, elegant Adorne switches, and designer lighting throughout. The chef’s kitchen features a gas range, 36" fridge, 8' maple island, counter-to-ceiling tile, custom hood, kick/valence/up lighting, and a pantry with custom drawers. Enjoy an open-concept layout, custom wood beams, main-floor laundry, custom walk-in closet, and a finished loft with exposed brick. The main building is a blank canvas of architectural beauty—with original triple brick walls, soaring timber-framed ceilings, and exposed beams providing a rich architectural foundation. The bones are solid, the spaces are grand, and the light pours in through tall sash windows that frame tree-lined views. Historic millwork, wide-plank floors, and vintage fireplaces offer the character modern builds can’t replicate. This property is ideal for investors, custom builders, or creative homeowners who want to build a masterpiece—from boutique guesthouses to a spectacular personal residence. Whether your vision includes a gourmet kitchen, a multi-car garage, a private gym, or a 2nd & 3rd floor balcony, the space is here! Tucked away on a private, forested lot offering peaceful seclusion just minutes from city amenities—perfect for those seeking a prestigious estate with character and presence. This property offers both immediate comfort and long-term creative freedom—a true masterpiece in the making which you'll need to see for yourself to truly appreciate.More details
Unique investment opportunity to own a well maintained 4 plex in a prime Kitchener location, perfectly positioned for both convenience and long term appeal. Tucked just moments from the expressway and surrounded by everyday amenities, this property offers an ideal blend of accessibility and livability that tenants truly value. Inside, you will find a thoughtfully composed unit mix including two spacious 2 bedroom suites, a comfortable 1 bedroom, and a cozy bachelor, each offering its own charm and strong rental potential.Separate hydro meters for each unit. Pride of ownership is evident throughout, reflecting consistent care and
attention over time. Whether you are a seasoned investor or looking to step into the multi unit market, this property offers not just solid returns, but a place in a thriving, ever growing community. Financial details attached. Your next smart investment may be waiting right here.More details
Listed by Sutton Group Summit Realty Inc. and SUTTON GROUP - SUMMIT REALTY INC., BROKERAGE
Rare opportunity to select your own tenant base in the heart of Kitchener on a quiet treelined street. With a 2-minute walk from the Google Kitchener hub, the property is located in a Walker’s Paradise (Walk Score 90+) offering immediate access to the ION LRT, GO-train, vibrant amenities, restaurants, and major employers in both downtown Kitchener and Uptown Waterloo.
A legal fourplex with bright and spacious units in a highly desirable mix of one 1-bedroom+den, one 2-bedroom+den, and two 3-bedroom units. Each unit has its own entrance, in-suite laundry, heating controls, and private outdoor space. Abundant on-site parking with up to 2 spaces per unit provides added convenience and a significant competitive advantage . The property appeals to a wide range of tenants - from young professionals to families offering exception flexibility for investors to tailor their rental strategy to optimize rents and curate a strong desirable tenancy in one of the region’s fastest growing tech and employment hubs.
The property is well-maintained, newly renovated, and set up for minimal maintenance.
Whether you’re building or refining your portfolio, this is a rare chance to secure a multi-unit asset producing an NOI of close to $100,000 in a central location with both flexibility and upside in a high-demand rental market.More details