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

231212

MLS® 40857417

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 7500 sqft
Garage 
Taxes $28,951
Days Active 35
Lot Size 
Approx. Age 
Avg. Price Per Sqft $397
MLS® Number 40857417

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

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

Description

Excellent opportunity to acquire a well-maintained 12-unit multi-residential investment property in the strong and growing Kitchener rental market. Located at 50 Gordon Ave., Kitchener, this purpose-built apartment building features 11 two-bedroom units and 1 one-bedroom unit, offering a desirable mix for today’s rental market. Each unit includes dedicated parking, a private balcony, and its own hydro meter, providing attractive features for tenants while helping manage operating costs. Ideally situated just minutes from Downtown Kitchener, the property is close to public transit, schools, shopping, restaurants, and major employment centers. Its convenient location, combined with the continued growth of the Kitchener-Waterloo region, supports strong and consistent rental demand. This property presents an opportunity to acquire an established income-producing asset with long-term value-add potential. Future upside may be achieved through selective unit modernization, improvements to the property, and rental growth over time. A compelling opportunity for investors looking to add a 12-unit apartment building to their portfolio in one of Ontario’s growing rental markets.
MLS® Number40857417
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

Brick exterior apartment building with multiple wi
For Sale · 35 days

$2,980,000

MLS® 40857417

A month ago

Not Sold Yet

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

Brick exterior apartment building with multiple wi
For Sale · 35 days

$2,980,000

MLS® 40857417

A month ago

Not Sold Yet

  • Aug 12, 2026, Canceled for $2,980,000

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