Excellent opportunity to acquire a stable multi residential asset in a strong and growing rental market.


Property

Website:https://www.nestseekers.com/5003426
Address:
Kitchener N2H 1N8
Ownership: For Sale
Type: Unknown
Pets: No Pets Allowed

Financials

Price:C2,995,000
($2,109,700)
(€1,852,200)
Annual Taxes:C29,951.26

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.

Amenities

  • Available
  • Public Transit

Contact

505 Park Ave, New York, NY 10022