50 Gordon Avenue
Kitchener
N2H 1N8
$2,980,000
Residential Income
beds: 23
baths: 12.0
11,700 sq. ft.
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 40853726
- Bedrooms:
- 23
- Bathrooms:
- 12
- Photos (23)
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Position yourself for long-term growth with this purpose-built 12-unit apartment building in one of Ontario's strongest rental markets. The property features 11 two-bedroom units and 1 one-bedroom unit, with each suite offering its own hydro meter, private balcony, and dedicated parking space.
Ideally located just minutes from downtown Kitchener, the building is close to public transit, schools, shopping, and major employers—providing the convenience and accessibility that today's tenants are looking for.
With continued population growth, low rental vacancy rates, and strong demand for quality housing in the Kitchener-Waterloo region, this property offers dependable income today and significant upside for tomorrow. Investors have the opportunity to increase value over time through strategic unit renovations and future rental growth as tenancies naturally turn over.
Whether you're expanding an existing portfolio or acquiring a well-located multi-family asset, 50 Gordon Avenue presents an excellent opportunity to secure a stable investment with long-term appreciation potential.
- Property Type:
- Residential Income
- Property SubType:
- Multi Family
- Listing General Location:
- 212 - Downtown Kitchener/East Ward, 2 - Kitchener East
- Bedrooms:
- 23
- Bathrooms:
- 12.0 (Full:-/Half:-)
- Lot Details:
- 75 x
- Lot Frontage:
- 75'
- Kitchens:
- 0
- County Or Parish:
- Waterloo
- Taxes:
- Signup
- Features:
- Crops Included: No, Garage: No, New Construction: No
- Construction:
- Brick, Cement Siding, Concrete
- Basement:
- Partial, Unfinished
- Roof:
- Asphalt Shing
- Number of Storeys:
- 3
- Number of Buildings:
- 0
- Total Floor Area:
- 11,700 sq. ft.
- Finished Area Above Grade:
- 11,700 sq. ft.
- Fireplace:
- false
- Laundry Features:
- Coin Operated
- Water Supply:
- Municipal
- Sewer:
- Sewer (Municipal)
- Cooling:
- None
- Heating:
- Baseboard
- Other
- Refrigerator, Stove
- None
- false
- No
- Major Intersections are Lancaster St. E and Frederick St.
- No
- HST Applicable To Sale Price:
- Yes
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Association Fee 2:
- Signup
- Association Fee 2 Frequency:
- Signup
- Administrative Fee:
- Signup
- Features:
- Crops Included: No, Garage: No, New Construction: No
- Road Access Fee:
- Signup
- Zoning:
- C3
- Lot Site Features:
- Rectangular, Highway Access, Hospital, Park, Public Transit, Quiet Area, Shopping Nearby
- Features:
- Crops Included: No, Garage: No, New Construction: No
- # Of Total Parking Spaces:
- 12.0
- # Of Open Parking Spaces:
- 12.0
- Driveway Parking:
- Outside/Surface/Open
- Licensed Dwelling:
- Yes
- Num Apartment Units:
- 0
- Num Bachelor Units:
- 0
- Num Efficiency Units:
- 0
- Num Loft Units:
- 0
- Num Other Units:
- 0
- Num Penthouse Units:
- 0
- Num Studio Units:
- 0
- Total Units:
- Signup
- Listed Date:
- Aug 04, 2026
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Three-story brick apartment building with multiple windows -
Three-story apartment building featuring brick construction, multiple windows, and a flat roof
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Corridor featuring a wall of wood-finish storage lockers, a light-toned floor, and a flush-mount ceiling light fixture
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Utility room featuring multiple circuit breaker panels, metal conduit wiring, concrete flooring, and large storage tank
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Hallway with ceramic tile walls, terrazzo composite flooring, and exposed wood beam ceiling
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Photo 6 of 23
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Spacious living area featuring light wood-finish flooring and neutral wall tones
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Photo 8 of 23
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Spacious room featuring light wood-finish flooring and neutral wall tones
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Bathroom featuring wood-finish flooring, a white bathtub, and a window with frosted panes
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Room featuring light wood-finish flooring, white baseboards, and a white ceiling with a flush-mount light fixture
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Hallway featuring wood-finish flooring, recessed lighting, and built-in shelving
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Kitchen featuring white cabinetry, a double basin sink, and a white refrigerator
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Bright, open bedroom featuring light wood-finish flooring, clean white walls, and abundant natural light
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Kitchen featuring wood-finish flooring, white cabinetry, and a double basin sink
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Exterior balcony featuring metal railings, a textured flooring surface, and a light-colored brick wall
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Private balcony featuring patterned outdoor flooring, black metal railings, and an exterior brick wall
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Photo 18 of 23
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Stairwell with wood-finish handrails and metal balusters
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Photo 20 of 23
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Photo 21 of 23
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Photo 22 of 23
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Photo 23 of 23
Listed by Royal LePage Wolle Realty
Data was last updated August 6, 2026 at 01:50 PM (UTC)
Area Statistics
- Listings on market:
- 20
- Avg list price:
- $874,998
- Min list price:
- $550,000
- Max list price:
- $2,980,000
- Avg days on market:
- 47
- Min days on market:
- 2
- Max days on market:
- 127
- Avg price per sq.ft.:
- $334.7
These statistics are generated based on the current listing's property type
and located in
2 - Kitchener East. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- Charlotte Ferguson
- Royal LePage Wolle Realty
- 519-575-1804
- charlotte@yourmagnoliagroup.com
Royal LePage Wolle Realty
Office Address:
7A-180 Northfield Drive W
Waterloo, ON, N2L 0C7