$2,980,000

50 GORDON AVENUE , Kitchener, Ontario N2H1N8

Remarks

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:7525)

Property Summary

Lot Frontage: 75.0 Feet
Lot Depth: 162.0 Feet
Lot Size: Bldg=75 x 162 FT
No. of Parking Spaces: 12
Floor Space (approx): 11700 Square Feet
Zoning: C3

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Jen Lema

Salesperson/REALTOR®

Phone: 519.578.7300

Mobile: 647.200.8677

Fax: 519.742.9904

Royal LePage Wolle Realty, Brokerage (Independently owned and operated)

71 Weber STREET EAST
Kitchener, ON N2H1C6

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50 GORDON AVENUE ,
Kitchener, Ontario N2H1N8

$2,980,000