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50 Gordon Avenue
Kitchener
N2H 1N8
$2,995,000
Residential Income
beds: 23
baths: 12.0
7,500 sq. ft.
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 40776124
- Bedrooms:
- 23
- Bathrooms:
- 12
- 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:
- 23
- Bathrooms:
- 12.0 (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.
- Refrigerator, Stove
- 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
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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
-
View of utilities
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Utility room with electric panel
-
Utility room featuring water heater and electric panel
-
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
-
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
-
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 12, 2025 at 07:50 AM (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:
- 25
- Min days on market:
- 9
- Max days on market:
- 68
- 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.
- MIKE HARVEY
- ROYAL LEPAGE WOLLE REALTY
- 1 (519) 5888088
- Contact by Email
Mike Harvey
Change Realty
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Office Address:
7-180 NORTHFIELD DR W.
Waterloo, ON, N2L 0C7