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.
Location Description
Frederick
Property Details
- Community:
- Property Type: Tenant/Commercial
- Garages: None
- Annual Property Taxes : $ 29951.26
Building Features
- Parking Type : None
Features
- Heating : Baseboard
Listing Contracted With: ROYAL LEPAGE WOLLE REALTY
