For Sale: 50 Gordon Avenue, Kitchener, ON - REW
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$2,980,000
23 bd 12 ba 7500 sf Multifamily

50 Gordon AvenueKitchener, ON, N2H 1N8

  • 23 Bed
  • 12 Bath
  • 7500 Sqft
  • Multifamily

About this home

Excellent opportunity to acquire a well-maintained 12-unit multi-residential investment property in the strong and growing Kitchener rental market. Located at 50 Gordon Ave., Kitchener, this purpose-built apartment building features 11 two-bedroom units and 1 one-bedroom unit, offering a desirable mix for today’s rental market. Each unit includes dedicated parking, a private balcony, and its own hydro meter, providing attractive features for tenants while helping manage operating costs. Ideally situated just minutes from Downtown Kitchener, the property is close to public transit, schools, shopping, restaurants, and major employment centers. Its convenient location, combined with the continued growth of the Kitchener-Waterloo region, supports strong and consistent rental demand. This property presents an opportunity to acquire an established income-producing asset with long-term value-add potential. Future upside may be achieved through selective unit modernization, improvements to the property, and rental growth over time. A compelling opportunity for investors looking to add a 12-unit apartment building to their portfolio in one of Ontario’s growing rental markets.
Listed by: Yaneth Maribel Siliezar, Royal LePage Wolle Realty

Home facts and features

Price details
List Price
Gross Taxes for 2026
$28,951
Home facts
Bedrooms
23
Full Bathrooms
12
Parking Spaces
12
Property Type
Multifamily
Lot Size
75 ft x 0 ft (0 ft²)
Depth
0.0
Frontage
75.0
Heating Type
Baseboard
Basement Details
Partial,Unfinished
Features
Coin Operated
Appliances
Other
Agent details
Primary Agent
Primary Broker
Royal LePage Wolle Realty
Listing details
Days on REW
16 Days
Property Views
109
MLS® Number
40857417
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Suddaby Public School
  • Public
  • JK - 6
St Don Bosco Catholic Secondary School
  • Catholic
  • 9 - 12
St Anne Catholic Elementary School
  • Catholic
  • JK - 8
Margaret Avenue Public School
  • Public
  • 7 - 8
Sheppard Public School
  • Public
  • JK - 6
Cameron Heights Collegiate Institute
  • Public
  • 9 - 12
Courtland Avenue Public School
  • Public
  • 7 - 8
Smithson Public School
  • Public
  • JK - 6
New Dawn School
  • Public
  • 7 - 12
St Teresa Catholic Elementary School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-09-05.
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