50 Gordon Ave is an investment in Kitchener, listed for $2,980,000.
1Excellent opportunity to acquire a 12-unit multi-residential investment property in the strong and growing Kitchener rental market.
2Located 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.
3Each unit includes dedicated parking, a private balcony, and its own hydro meter, providing attractive features for tenants while helping manage operating costs.
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Commercial Property in Kitchener
About 50 Gordon Avenue
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.
Kitchener investment priced at $2,980,000 — book a tour to see if it fits your search.
Inside 50 Gordon Ave
Every detail from the listing, in one place.
Type
Investment
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Investment
50 Gordon Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13699040$2,980,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 50 Gordon Ave Compares to the Kitchener Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 50 Gordon Ave
Homes for sale in Kitchener
Every active Kitchener MLS® listing, updated all day.
Average days on market30Homes sold in about 30 days on average.
Sale-to-list ratio101.0%On average, homes sold at or above asking.
Active listings781Homes for sale here right now.
Median vs prior 90 days−2.4%Compared with Apr 26 – Jul 25, 2026: prices down.
Based on 735 sales from Jul 25 – Oct 23, 2026 (574 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
50 Gordon Ave is listed at $2,980,000 (MLS® X13699040). Summitly updates the price as soon as the MLS® record changes.
Has the price of 50 Gordon Ave changed?
No — 50 Gordon Ave is still listed at its original asking price of $2,980,000.
How many bedrooms and bathrooms does 50 Gordon Ave have?
The listing for 50 Gordon Ave doesn't publish its bedroom and bathroom count. It is a commercial property in Kitchener.
Is 50 Gordon Ave close to transit?
The nearest rapid-transit station is Frederick Station (ION), about 850 m (about a 11-minute walk) in a straight line. Kitchener City Hall Station is about 940 m (about a 12-minute walk), and Kitchener Market Station is about 1.0 km (about a 13-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 50 Gordon Ave compare with other homes in Kitchener?
Its asking price of $2,980,000 is about 349% above the median sold price in Kitchener over the last 90 days, $663,500, across 735 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 50 Gordon Ave been sold before?
Summitly has no earlier MLS® sale or lease of 50 Gordon Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 50 Gordon Ave?
50 Gordon Ave is in Kitchener, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 50 Gordon Ave been on the market?
63 days — 50 Gordon Ave was listed on August 21, 2026.
What is the land transfer tax on 50 Gordon Ave?
About $60,975 in Ontario land transfer tax at the asking price of $2,980,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 50 Gordon Ave or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 50 Gordon Ave?
The listing for 50 Gordon Ave doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Kitchener.
When was 50 Gordon Ave built?
The listing for 50 Gordon Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
