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50 Gordon Avenue

Kitchener, ON N2H 1N8

ActiveFor Sale
0 Beds
0 Baths
11,700 Sq Ft
Commercial
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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 Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size11,700 sq ft
Bedrooms0
Bathrooms0
Postal CodeN2H 1N8
Last UpdatedAug 8, 2026 · 4:31 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X12444952

Listed by ROYAL LEPAGE WOLLE REALTY

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$2,980,000

asking price

MLS®X12444952
TypeCommercial
CityKitchener
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$14,552

/month · $2,384,000 mortgage

Down Payment20% — $596,000
Interest Rate5.5%

Amortization

Total Interest

$1,981,520

Total Cost

$4,365,520

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

ROYAL LEPAGE WOLLE REALTY