Space
Finished area and layout
- Living Area
- 7,500 sqft
- Above Grade
- 7,500 sqft (Other)
- Finished Breakdown
- Above 7,500 sqft
- Bedrooms
- 23
- Bathrooms
- 12
+20 more
23
Bedrooms
12
Bathrooms
7,500 sqft
Living Area
75.0 feet frontage
Lot
12
Parking
Property Snapshot
Key details for this listing
MLS #40857417
Property
Type, style and structure
- Type
- residential
- Style
About This Property
This 23-bedroom, 12-bathroom multi-family in Kitchener offers 7,500 sqft of living area on a 75.0 feet frontage lot. 3 storeys. The home features baseboard heaters heating, none, a unfinished, partial basement.
MLS Remarks
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. (id:60351)
Listing History
MLS# 40857417| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Aug 21, 2026 | Listed For Sale | 40857417 | $2,980,000 | — |
MLS data tracked by our system. Earlier records or land registry transfers may not be shown.
Full Listing Details
Address50 GORDON Avenue
MLS#40857417
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
Days on Market20
Common InterestFreehold
Annual Tax$28,951
Parking12
Parking TypeOpen
StyleMultiplex
Bedrooms23
Bathrooms12
Living Area7,500 sqft
Above Grade Area7,500 sqft (Other)
Stories3
CityKitchener
ProvinceOntario
Postal CodeN2H1N8
Subdivision212 - Downtown Kitchener/East Ward
Frontage75.0 feet
Lot FeaturesLaundry- Coin operated
Zoning DetailsC3
Total Parking12
Parking FeaturesOpen
HeatingBaseboard heaters
CoolingNone
BasementUnfinished, Partial
ExteriorConcrete, Brick
CommunityQuiet Area
SewerMunicipal sewage system
Water SourceMunicipal water
Annual Tax$28,951
Major Intersections are Lancaster St. E and Frederick St.
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