50 Gordon Avenue, Kitchener, ON N2H 1N8
Kitchener · Near Frederick St and Lancaster St · View map
About this home
Excellent opportunity to acquire a 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.
The home
- Type
- Investment
- Square footage
- 11700.36 sq ft
- Lot size
- 75 x 162 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Baseboard
Garage & parking
- Driveway spaces
- 12
- Total parking
- 12
Taxes & other
- Property taxes
- $28,951/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Frederick St and Lancaster St
More
- MLS® number
- X13699040
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
50 Gordon Avenue, Kitchener, ON N2H 1N8
Kitchener · Near Frederick St and Lancaster St
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Listing history for 50 Gordon Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 50 Gordon Avenue
Answers come straight from this home’s MLS® listing.
How much is 50 Gordon Avenue listed for, and what would it cost each month?
50 Gordon Avenue is listed for $2,980,000. With 20% down ($596,000), the mortgage payment would be roughly $12,020 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $14,433 a month, all in. That figure is an illustration, not a quote.
Is 50 Gordon Avenue freehold or a condo, and is there a monthly fee?
50 Gordon Avenue is a investment in Kitchener. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 50 Gordon Avenue have a garage and parking?
The listing does not show a garage. The driveway adds 12 spaces. In total the listing counts 12 parking spaces.
What style of home is 50 Gordon Avenue?
50 Gordon Avenue is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 50 Gordon Avenue, and what is the lot size?
The lot is listed as 75 x 162 ft.
How is 50 Gordon Avenue heated and cooled?
Heating is baseboard. The listing does not show air conditioning.
What are the property taxes for 50 Gordon Avenue?
Property taxes are $28,951 a year (2025), or about $2,413 a month.
Where is 50 Gordon Avenue?
50 Gordon Avenue is in Kitchener. The nearest main intersection is Frederick St and Lancaster St. The postal code is N2H 1N8.
Is 50 Gordon Avenue still for sale?
Yes. It is an active listing (MLS® X13699040). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 50 Gordon Avenue asking?
Similar properties for sale nearby right now include 58 Madison Avenue N at $2,499,000, 4169 KING Street E at $3,700,000 and 44 Pioneer Ridge Drive at $2,495,000 (3+2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 50 Gordon Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 50 Gordon Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Kitchener, picked by style, size and price.
Investment$2,499,00058 Madison Avenue N, KitchenerCourtesy of: COLDWELL BANKER THE REAL ESTATE CENTREView home →
Commercial retail$3,700,0004169 KING Street E, KitchenerCourtesy of: Right At Home Realty, BrokerageView home →
Detached home$2,495,00044 Pioneer Ridge Drive, Kitchener3+2 bed · 3 bathCourtesy of: RE/MAX TWIN CITY FAISAL SUSIWALA REALTYView home →Courtesy of: ROYAL LEPAGE WOLLE REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.