50 GORDON Avenue, Kitchener, Ontario, N2H1N8

Property Description

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:64974)

Quick Facts

• Property Type: Multi-family
• Bedrooms: 23
• Bathrooms: 12
• Living Area: 7,500 sq ft (696.8 m²)
• Above Grade: 7,500 sq ft (696.8 m²)
• Ownership: Freehold
• Parking: 12 spaces (Open)
• Frontage: 75 ft (22.9 m)

Costs

• Annual Taxes: $28,951.26

Listing Provided by: Royal LePage Wolle Realty
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.