50 GORDON Avenue
Kitchener – Ontario
$2,980,000
MLS® Number 40776124 | Listing provided by: Royal LePage Wolle Realty | Powered byREALTOR.ca
About this 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. (id:66549)
Details
- Bedrooms
- 23
- Bathrooms
- 12
- Size
- 7,500 sq ft
- Property type
- House
- Stories
- 3
- Parking spaces
- 12
- Heating
- Baseboard heaters
- Neighbourhood
- 212 - Downtown Kitchener/East Ward
- Postal code
- N2H1N8
- MLS® Number
- 40776124
- Status
- For Sale
Features
- Balcony
- Laundry
- Parking