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50 GORDON Avenue, Kitchener, Ontario, N2H 1N8

MLS® # 40857417
Investment For Sale In Central Frederick, Kitchener, Ontario
$2,980,000
Brick exterior apartment building with multiple windows and a paved driveway - 50 Gordon Avenue, Kitchener, ON - Outdoor
Three-story exterior featuring brick construction, multiple windows, and a landscaped green space - 50 Gordon Avenue, Kitchener, ON - Outdoor
Additional content - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
Additional content - 50 Gordon Avenue, Kitchener, ON - Indoor
Spacious room featuring wood-finish flooring, light-colored walls, and a sliding glass door leading to a balcony with metal railings - 50 Gordon Avenue, Kitchener, ON - Indoor
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
Light wood-finish flooring with white walls and ceiling - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
White bathtub with an integrated shower, wood-finish flooring, a vanity with a drop-in sink, a large wall-mounted mirror, and tiled walls - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Bathroom
Wood-finish flooring, white walls, built-in closet with sliding doors, and a double window - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
Recessed ceiling lighting illuminating wood-finish flooring - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
Kitchen featuring white cabinetry, wood-finish flooring, a double window, and a built-in range with an overhead exhaust fan - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Kitchen With Double Sink
Light-toned wood-finish flooring - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
Kitchen featuring wood-finish flooring, white cabinetry, a double basin sink, and a large window - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Kitchen With Double Sink
Balcony featuring black metal railings, textured flooring, and a brick exterior wall - 50 Gordon Avenue, Kitchener, ON - Outdoor With Exterior
Private balcony with patterned flooring, black metal railings, and a sliding glass door - 50 Gordon Avenue, Kitchener, ON - Outdoor With Balcony With Exterior
Hardwood staircase, block wall construction, terrazzo flooring, wood-paneled door, and recessed lighting - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
Additional content - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
Staircase with metal railings and wood-finish handrails, block wall texture, and carpeted flooring - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
Additional content - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Laundry Room
Additional content - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
Brick exterior with multiple balconies featuring black railings - 50 Gordon Avenue, Kitchener, ON - Outdoor With Balcony With Exterior
50 Gordon Avenue, Kitchener, ON - Outdoor
50 Gordon Avenue, Kitchener, ON - Outdoor
50 Gordon Avenue, Kitchener, ON - Outdoor
50 Gordon Avenue, Kitchener, ON - Outdoor
Virtual Tour
Brick exterior apartment building with multiple windows and a paved driveway - 50 Gordon Avenue, Kitchener, ON - Outdoor
Three-story exterior featuring brick construction, multiple windows, and a landscaped green space - 50 Gordon Avenue, Kitchener, ON - Outdoor
Additional content - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
Additional content - 50 Gordon Avenue, Kitchener, ON - Indoor
Spacious room featuring wood-finish flooring, light-colored walls, and a sliding glass door leading to a balcony with metal railings - 50 Gordon Avenue, Kitchener, ON - Indoor
50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
Light wood-finish flooring with white walls and ceiling - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
White bathtub with an integrated shower, wood-finish flooring, a vanity with a drop-in sink, a large wall-mounted mirror, and tiled walls - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Bathroom
Wood-finish flooring, white walls, built-in closet with sliding doors, and a double window - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
Recessed ceiling lighting illuminating wood-finish flooring - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
Kitchen featuring white cabinetry, wood-finish flooring, a double window, and a built-in range with an overhead exhaust fan - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Kitchen With Double Sink
Light-toned wood-finish flooring - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
Kitchen featuring wood-finish flooring, white cabinetry, a double basin sink, and a large window - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Kitchen With Double Sink
Balcony featuring black metal railings, textured flooring, and a brick exterior wall - 50 Gordon Avenue, Kitchener, ON - Outdoor With Exterior
Private balcony with patterned flooring, black metal railings, and a sliding glass door - 50 Gordon Avenue, Kitchener, ON - Outdoor With Balcony With Exterior
Hardwood staircase, block wall construction, terrazzo flooring, wood-paneled door, and recessed lighting - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
Additional content - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
Staircase with metal railings and wood-finish handrails, block wall texture, and carpeted flooring - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
Additional content - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Laundry Room
Additional content - 50 Gordon Avenue, Kitchener, ON - Indoor Photo Showing Other Room
Brick exterior with multiple balconies featuring black railings - 50 Gordon Avenue, Kitchener, ON - Outdoor With Balcony With Exterior
50 Gordon Avenue, Kitchener, ON - Outdoor
50 Gordon Avenue, Kitchener, ON - Outdoor
50 Gordon Avenue, Kitchener, ON - Outdoor
50 Gordon Avenue, Kitchener, ON - Outdoor
  • Advertising
50 GORDON Avenue, Kitchener, Ontario, N2H 1N8
$2,980,000

Property Information:

Excellent opportunity to acquire a well-maintained 12-unit multi-residential investment property in the strong and growing Kitchener rental market. Located at 50 Gordon Ave., Kitchener, this purpose-built apartment building features 11 two-bedroom units and 1 one-bedroom unit, offering a desirable mix for today’s rental market. Each unit includes dedicated parking, a private balcony, and its own hydro meter, providing attractive features for tenants while helping manage operating costs. Ideally situated just minutes from Downtown Kitchener, the property is close to public transit, schools, shopping, restaurants, and major employment centers. Its convenient location, combined with the continued growth of the Kitchener-Waterloo region, supports strong and consistent rental demand. This property presents an opportunity to acquire an established income-producing asset with long-term value-add potential. Future upside may be achieved through selective unit modernization, improvements to the property, and rental growth over time. A compelling opportunity for investors looking to add a 12-unit apartment building to their portfolio in one of Ontario’s growing rental markets. (id:27)

Building Features:

  • Style: Multiplex
  • Basement Development: Unfinished
  • Basement Type: Partial
  • Exterior Finish: Brick, Concrete
  • Floor Space: 7500 sqft Square Feet
  • Heating Type: Baseboard heaters
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Highway access
  • Amenities Nearby: Hospital, Park, Public Transit, Shopping
  • Community Features: Quiet Area
  • Features: Laundry- Coin operated
  • Floor Space (approx): 7500 Square Feet
  • Lot Frontage: 75 Feet
  • Zoning: C3
  • Sewer: Municipal sewage system
  • Parking Type: Open
  • No. of Parking Spaces: 12

REALTOR.ca  

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Market Price Trends

Single family detached

-3.26%

Price change (1 year)

22.83%

Price change (5 years)

All Properties

-3.38%

Price change (1 year)

22.7%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 50 GORDON Avenue, Kitchener, Ontario, N2H 1N8

Demographic Information of 50 GORDON Avenue, Kitchener, Ontario, 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

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