Position yourself for long-term growth with this purpose-built 12-unit apartment building in one of Ontario's strongest rental markets. The property features 11 two-bedroom units and 1 one-bedroom unit, with each suite offering its own hydro meter, private balcony, and dedicated parking space.
Ideally located just minutes from downtown Kitchener, the building is close to public transit, schools, shopping, and major employers—providing the convenience and accessibility that today's tenants are looking for.
With continued population growth, low rental vacancy rates, and strong demand for quality housing in the Kitchener-Waterloo region, this property offers dependable income today and significant upside for tomorrow. Investors have the opportunity to increase value over time through strategic unit renovations and future rental growth as tenancies naturally turn over.
Whether you're expanding an existing portfolio or acquiring a well-located multi-family asset, 50 Gordon Avenue presents an excellent opportunity to secure a stable investment with long-term appreciation potential.
Property Type:
Residential Income
Property SubType:
Multi Family
Listing General Location:
212 - Downtown Kitchener/East Ward, 2 - Kitchener East
Data was last updated August 6, 2026 at 05:50 PM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$874,998
Min list price:
$550,000
Max list price:
$2,980,000
Avg days on market:
47
Min days on market:
2
Max days on market:
127
Avg price per sq.ft.:
$334.7
These statistics are generated based on the current listing's property type
and located in
2 - Kitchener East. Average values are
derived using median calculations. This data is not produced by
the MLS® system.