




This 23-bedroom, 12-bathroom multi-family in Kitchener offers 7,500 sqft of living space. 3 storeys. The home features baseboard heaters heating, a unfinished, partial basement. Highlights include a 12-car garage.
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.
All in-suite appliances, water softener, new boiler. All in as in condition.
| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Sep 29, 2025 | Listed For Sale | X12444952 | $2,995,000 | — |
| — | Price Changed | X12444952 | $2,980,000 | ▼ $15,000 (0.5%) |
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Listed by ROYAL LEPAGE WOLLE REALTY
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Listing represented by ROYAL LEPAGE WOLLE REALTY · MLS# X12444952
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.