$2,980,000

Investment For Sale In Central Frederick, Kitchener, Ontario

$2,980,000

Property Information:

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. (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 11700 sqft
  • Heating Type: Baseboard heaters
  • Cooling Type: None
  • Appliances: Water softener

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Public Transit
  • Floor Space (approx): 11700 Square Feet
  • Irregular: Yes
  • Lot Depth: 162.0 Feet
  • Lot Frontage: 75.0 Feet
  • Lot Size: Bldg=75 x 162 FT
  • Zoning: C3
  • No. of Parking Spaces: 12

Courtesy of: Royal LePage Wolle Realty

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