Kitchener ON, N2H 1N8

MLS® # 40776124

Property Information:

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.

Inclusions: None,All In-Suite Appliances, Water Softener, New Boiler. All In As In Condition.

Exclusions : All Tenant Belongings, Including Window Coverings.

Building Features:

Floor Space: 7500 Square Feet

Property Features:

Bedrooms: 23
Acres Range: < 0.5
Basement: Partial, Unfinished
Construction Materials: Brick, Cement Siding, Concrete
Cooling: None
Driveway Parking: Outside/Surface/Open
Floor Space (approx): 7500 Square Feet
Heating: Baseboard
Laundry Features: Coin Operated
Lot Features: Rectangular, Highway Access, Hospital, Park, Public Transit, Quiet Area, Shopping Nearby
Lot Frontage: 75.00 Feet
Roof: Asphalt Shing
Water Source: Municipal
Zoning: C3
Sewer: Sewer (Municipal)
No. of Parking Spaces: 12

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