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50 Gordon Avenue, Kitchener, ON, N2H 1N8

MLS® # 40776124
Investment For Sale In Central Frederick, Kitchener, Ontario
$2,980,000
50 Gordon Avenue, Kitchener, ON - Outdoor With Balcony With Exterior
50 Gordon Avenue, Kitchener, ON - Outdoor With Facade
50 Gordon Avenue, Kitchener, ON - Outdoor With Balcony
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Laundry Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Laundry Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Basement
50 Gordon Avenue, Kitchener, ON - Indoor
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Basement
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor
50 Gordon Avenue, Kitchener, ON - Indoor
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Bathroom
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Kitchen
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Kitchen With Double Sink
50 Gordon Avenue, Kitchener, ON - Indoor
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Kitchen With Double Sink
50 Gordon Avenue, Kitchener, ON - Outdoor With Exterior
50 Gordon Avenue, Kitchener, ON - Outdoor With Balcony With Exterior
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Outdoor
50 Gordon Avenue, Kitchener, ON - Outdoor
50 Gordon Avenue, Kitchener, ON - Outdoor
50 Gordon Avenue, Kitchener, ON - Outdoor
50 Gordon Avenue, Kitchener, ON - Other
Virtual Tour
50 Gordon Avenue, Kitchener, ON  - Outdoor With Balcony With Exterior
50 Gordon Avenue, Kitchener, ON  - Outdoor With Facade
50 Gordon Avenue, Kitchener, ON  - Outdoor With Balcony
50 Gordon Avenue, Kitchener, ON  - Indoor Photo Showing Laundry Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Laundry Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Basement
50 Gordon Avenue, Kitchener, ON - Indoor
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Basement
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor
50 Gordon Avenue, Kitchener, ON - Indoor
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Bathroom
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Kitchen
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Kitchen With Double Sink
50 Gordon Avenue, Kitchener, ON - Indoor
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Kitchen With Double Sink
50 Gordon Avenue, Kitchener, ON - Outdoor With Exterior
50 Gordon Avenue, Kitchener, ON - Outdoor With Balcony With Exterior
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
50 Gordon Avenue, Kitchener, ON - Outdoor
50 Gordon Avenue, Kitchener, ON - Outdoor
50 Gordon Avenue, Kitchener, ON - Outdoor
50 Gordon Avenue, Kitchener, ON - Outdoor
50 Gordon Avenue, Kitchener, ON - Other
  • Advertising
50 Gordon Avenue, Kitchener, ON, N2H 1N8
$2,980,000

Property Information:

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.

Inclusions: None,All In-Suite Appliances, Water Softener, New Boiler. All In As In Condition.

Exclusions : All Tenant Belongings, Including Window Coverings.

Building Features:

  • Floor Space: 7500 Square Feet

Property Features:

  • Acres Range: < 0.5
  • Basement: Partial, Unfinished
  • Construction Materials: Brick, Cement Siding, Concrete
  • Cooling: None
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 7500 Square Feet
  • Heating: Baseboard
  • Laundry Features: Coin Operated
  • Lot Features: Rectangular, Highway Access, Hospital, Park, Public Transit, Quiet Area, Shopping Nearby
  • Lot Frontage: 75.00 Feet
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: C3
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 12

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Location of 50 Gordon Avenue, Kitchener, ON, N2H 1N8

Demographic Information of 50 Gordon Avenue, Kitchener, ON, N2H 1N8

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$143,049.54

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.2 %

High school certificate or equivalent

25.17 %

Apprenticeship trade certificate/diploma

5.1 %

College/non-university certificate

20.77 %

University certificate (below bachelor)

1.17 %

University Degree

33.59 %

Commuter

Travel To Work

By Car

80.18 %

By Public Transit

7.42 %

By Walking

5.13 %

By Bicycle

2.02 %

By Other Methods

5.25 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

45.58 %

Houses

54.42 %

Own Vs. Rent