15 GORDON Avenue

About this home.

Exceptional opportunity to own a versatile legal duplex in a highly desirable central Kitchener location, offering outstanding flexibility for investors, multi-generational living, or future conversion back to a single-family home. Vacant and move-in ready, this property allows you to live in one unit while renting the other, lease both suites at market rents, or reimagine the home as a spacious single residence. Both self-contained units have been thoughtfully updated with new flooring, fresh paint, and renovated bathrooms, creating bright, modern, and inviting living spaces throughout. Significant improvements provide peace of mind, including a durable steel roof, widened interlocking driveway with parking for three vehicles side-by-side, upgraded underground plumbing and municipal waterline, 200-amp copper electrical service, separate hydro meters and breaker panels, and in-suite laundry in both units. Ideally situated at the end of a quiet cul-de-sac next to a park and playground, this property offers a rare blend of privacy and convenience. Just steps from downtown Kitchener amenities including Centre In The Square, the Kitchener Market, library, LRT, shops, restaurants, and more. A true turnkey investment opportunity combining location, flexibility, and long-term value. (id:59491)

The full record.

How this listing prices against Downtown Kitchener/East Ward.

Downtown Kitchener/East Ward had 9 sales and 83 active listings, making it one of the looser markets in the city. The average sale price was $703,767, close to the city median, but homes took 37 days to sell and closed at 96.65 percent of list, which signals slower absorption. This neighbourhood is clearly split between a firmer freehold segment and a much heavier condo inventory. Buyers have choice here, especially in apartments.

Estimate the monthly carry.