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Listed price in listed location currency (CAD).
$2,980,000

231212

MLS® 40853726

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 11700 sqft
Garage 
Taxes $29,951
Days Active 3
Lot Size 
Approx. Age 
Avg. Price Per Sqft $254
MLS® Number 40853726

Property Address: 50 Gordon Ave, Kitchener, ON, N2H1N8

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number40853726
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementPartial, Unfinished
Driveway
Garage Spaces
HeatBaseboard
A/CNone

Extras

Other

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $2,980,000

Three-story brick apartment building with multiple
For Sale · 5 days

$2,980,000

MLS® 40853726

5 days ago

Not Sold Yet

August 2026, For Sale for $2,980,000

Three-story brick apartment building with multiple
For Sale · 5 days

$2,980,000

MLS® 40853726

5 days ago

Not Sold Yet

  • Aug 1, 2026, Expired for $2,980,000

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