Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# X12444952

50 Gordon Avenue, Kitchener, ON N2H 1N8

Kitchener, ON N2H 1N8

$2,980,000 Est. $12,657/mo · 20% down, 25-yr, 4.09% ↓ $15,000 (-0.5%)
75 × 162 ftLot
InvestmentType

About this property

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.

Property Summary

Property TypeInvestment
Land Size75 x 162 ft
Annual Property Taxes$29,951.00
Tax Year2024
Parking TypeNone Garage

Building details

Bathrooms / washrooms0
Property typeInvestment

Lot & land

Lot dimensions75 × 162 ft
Lot frontage75 ft
Lot depth162 ft

Interior Features

InclusionsAll in-suite appliances, water softener, new boiler. All in as in condition.
ExclusionsAll tenant belongings, including window coverings.

Building Features

StyleInvestment

Heating & Cooling

CoolingNo
Heating TypeBaseboard

Parking

Parking TypeNone Garage

Taxes & fees

Annual taxes$29,951 (2024)

Listing history

On market sinceSep 29, 2025
Original list price$2,995,000

Location

Kitchener, ON N2H 1N8
Listed by ROYAL LEPAGE WOLLE REALTY, Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
50 Gordon Avenue, Kitchener, ON N2H 1N8