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50 Gordon Avenue
Kitchener
N2H 1N8
$2,995,000
Residential Income
beds: 0
baths: 0.0
7,500 sq. ft.
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 40776124
- Photos (39)
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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.
- Property Type:
- Residential Income
- Property SubType:
- Multi Family
- Listing General Location:
- 212 - Downtown Kitchener/East Ward, 2 - Kitchener East
- Bedrooms:
- 0
- Bathrooms:
- 0.0 (Full:-/Half:-)
- Lot Details:
- 75 x
- Lot Frontage:
- 75'
- Kitchens:
- 0
- County Or Parish:
- Waterloo
- Features:
- Crops Included: No, Garage: No, New Construction: No
- Construction:
- Brick, Cement Siding, Concrete
- Basement:
- Partial, Unfinished
- Roof:
- Asphalt Shing
- Number of Storeys:
- 3
- Number of Buildings:
- 0
- Total Floor Area:
- 7,500 sq. ft.
- Finished Area Above Grade:
- 7,500 sq. ft.
- Fireplace:
- false
- Laundry Features:
- Coin Operated
- Water Supply:
- Municipal
- Sewer:
- Sewer (Municipal)
- Cooling:
- None
- Heating:
- Baseboard
- None,All In-Suite Appliances, Water Softener, New Boiler. All In As In Condition.
- All Tenant Belongings, Including Window Coverings.
- None
- false
- No
- Major Intersections are Lancaster St. E and Frederick St.
- No
- HST Applicable To Sale Price:
- No
- Features:
- Crops Included: No, Garage: No, New Construction: No
- Zoning:
- C3
- Lot Site Features:
- Rectangular, Highway Access, Hospital, Park, Public Transit, Quiet Area, Shopping Nearby
- Features:
- Crops Included: No, Garage: No, New Construction: No
- # Of Total Parking Spaces:
- 12.0
- # Of Open Parking Spaces:
- 12.0
- Driveway Parking:
- Outside/Surface/Open
- Num Apartment Units:
- 0
- Num Bachelor Units:
- 0
- Num Efficiency Units:
- 0
- Num Loft Units:
- 0
- Num Other Units:
- 0
- Num Penthouse Units:
- 0
- Num Studio Units:
- 0
- Listed Date:
- Oct 03, 2025
-
Entrance to property with board and batten siding and brick siding -
View of property
-
View of property
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Shared laundry room featuring separate washer and dryer and light tile patterned floors
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Shared laundry room featuring washer and dryer and light tile patterned flooring
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Corridor with light floors
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View of utilities
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Utility room with electric panel
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Utility room featuring water heater and electric panel
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Hallway featuring baseboard heating and speckled floor
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Stairs featuring mail area, speckled floor, and tile walls
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Hallway with tile walls
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Hallway with a baseboard heating unit and carpet floors
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Unfurnished room featuring light wood-style floors and a baseboard heating unit
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Unfurnished room with light wood-style flooring and baseboard heating
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Spare room featuring light wood-style flooring and baseboards
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Spare room featuring wood finished floors and a baseboard radiator
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Full bath featuring shower / bathtub combination, vanity, a baseboard heating unit, light wood finished floors, and tile walls
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Unfurnished bedroom with light wood finished floors, a baseboard radiator, and a closet
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Empty room featuring light wood finished floors and baseboards
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Spare room with baseboard heating, light wood-type flooring, and a ceiling fan
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Unfurnished bedroom featuring light wood-style floors, a ceiling fan, and a closet
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Hall with light wood-style flooring and baseboards
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Hall featuring light wood-style flooring and baseboards
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Kitchen with freestanding refrigerator, white cabinets, baseboard heating, and plenty of natural light
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Kitchen featuring white appliances, a baseboard radiator, white cabinets, light wood-style flooring, and backsplash
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Kitchen with white appliances, light wood-style floors, under cabinet range hood, and white cabinets
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Kitchen
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Kitchen featuring a baseboard heating unit, white cabinetry, decorative backsplash, and light wood-style floors
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View of balcony
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View of balcony
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Hall featuring stairway, a baseboard heating unit, carpet flooring, and concrete block wall
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Staircase with a baseboard radiator and carpet
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Stairs featuring carpet floors and concrete block wall
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Parking
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Parking at back of the building
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Parking
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Parking
-
Most 2 bedroom units are like this one.
Virtual Tour
Virtual Tour 2
Listed by Royal LePage Wolle Realty
Data was last updated October 4, 2025 at 05:50 PM (UTC)
Area Statistics
- Listings on market:
- 12
- Avg list price:
- $967,450
- Min list price:
- $599,000
- Max list price:
- $13,500,000
- Avg days on market:
- 17
- Min days on market:
- 1
- Max days on market:
- 60
- Avg price per sq.ft.:
- $359.06
These statistics are generated based on the current listing's property type
and located in
212 - Downtown Kitchener/East Ward. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- SURESH KUMAR
- RE/MAX TWIN CITY REALTY INC.
- 1 (647) 9017116
- Contact by Email
Your Trusted Partner in Real Estate. Contact me at 647-901-7116 for all your property needs.
Contact Us
Direct: 647-901-7116
info@sureshkangayam.com
Head Office
901 Victoria Street, North
Kitchener, ON, N2B 3C3
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.