50 Gordon AVE Active

Waterloo,ON N2H 1N8

$ 2980000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

MLS Listing ID X12444952

Annual Tax Amount $29,951

Tax Year 2024

Property Sub-Type Investment

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.

Location

Province ON

County Waterloo

Area Waterloo

Interior

Cooling No

Exterior

Community Features Public Transit

Utilities Available Available

Others

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