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$2,995,000
Est. payment /mo
7,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $399
Subdivision 212 - Downtown Kitchener/East Ward
MLS® Listing ID 40776124
Property Sub-Type Freehold
Source Cornerstone Association of REALTORS®
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. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Cooling None
Exterior
Parking Features No
Community Features Quiet Area
View Y/N No
Total Parking Spaces 12
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
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Listed by Royal LePage Wolle Realty
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