23 Bedroom
12 Bathroom
7500 sqft
None
Baseboard Heaters
$2,980,000
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. (id:49269)
Property Details
|
MLS® Number
|
40776124 |
|
Property Type
|
Multi-family |
|
AmenitiesNearBy
|
Hospital, Park, Public Transit, Shopping |
|
CommunityFeatures
|
Quiet Area |
|
Features
|
Laundry- Coin Operated |
|
ParkingSpaceTotal
|
12 |
Building
|
BathroomTotal
|
12 |
|
BedroomsTotal
|
23 |
|
BasementDevelopment
|
Unfinished |
|
BasementType
|
Partial (unfinished) |
|
CoolingType
|
None |
|
ExteriorFinish
|
Brick, Concrete |
|
HeatingType
|
Baseboard Heaters |
|
StoriesTotal
|
3 |
|
SizeInterior
|
7500 Sqft |
|
UtilityWater
|
Municipal Water |
Parking
Land
|
AccessType
|
Highway Access |
|
Acreage
|
No |
|
LandAmenities
|
Hospital, Park, Public Transit, Shopping |
|
Sewer
|
Municipal Sewage System |
|
SizeFrontage
|
75 Ft |
|
SizeTotalText
|
Under 1/2 Acre |
|
ZoningDescription
|
C3 |
https://www.realtor.ca/real-estate/28946833/50-gordon-avenue-kitchener