For Sale

50 Gordon Avenue, Kitchener, Ontario N2H 1N8

$2,980,000

50 Gordon Avenue, Kitchener, Ontario N2H 1N8 is For Sale and has a listing price of 2,980,000. The property is located in the Central Frederick neighbourhood . It's been on the website for 32 Days.

  • Investment
    Property Type
  • MLS ID: X12444952
  • Office Name ROYAL LEPAGE WOLLE REALTY
Property Description

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 Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12444952
  • Price: $2,980,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 162
  • Ref ID: X12444952
  • Dir / Cross St: Frederick
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
Price History
List Date MLS ID List Price Status End Date Closed Price
10/04/2025 X12444952 $2,995,000 For Sale - -
09/04/2025 X12381448 $2,975,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Central Frederick
  • $824,827 Average List Price
    based on 1 year
  • 7 New Listings
    based on 30 days
  • 64 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.25 % Below
  • Sold (12mo) 13
  • Rented (12mo) 2

  • 1 Month Change -100.0%
  • 3 Month Change -
  • 6 Month Change -
Walkscore
  • 91 Walk Score
    Walker's Paradise
  • 61 Transit Score
    Good Transit
  • 80 Bike Score
    Very Bikeable
Additional Details
  • Heat Type Baseboard
  • Garage Type Y
  • Parking Spaces: 12
  • Taxes: $29,951
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 04/10/2025 13:46:32
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