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50 Central Avenue W, Brockville, ON K6V 4N7

Brockville, ON, K6V 4N7 · 810 - Brockville

Sq Ft
Investment Type
X12996878 MLS#

About this property

Rare chance to acquire a 24-unit Brockville multifamily asset offering immediate scale, stable in-place cash flow, and exceptional long-term upside at a 5.0% cap rate. The property features minimal landlord utility exposure with 24 hydro meters and 24 water meters, with nearly all tenants paying their own utilities. Major capital work has already been completed, including the 2022 roof, updated boiler system with new controls, backup boiler, and renovated suites with in-suite laundry. The true story here is the remarkable 61.6% gap-to-market rents, creating a clear path to substantial NOI growth and long-term equity appreciation in a strong Brockville location just off Highway 401. Please note all measurements, lot sizes and building sizes in the listing are approximate and are to be confirmed by the Buyer.

Features & Amenities

  • Garage: None
  • Cooling: No
  • Heat Type: Gas Forced Air Closed

Property Details

Property Type Commercial
Property Sub-Type Investment
Garage None
Heat Type Gas Forced Air Closed
Cooling No
Annual Tax $52,474
Tax Year 2025

Building & Construction

Building Area Total
26932

Heating & Cooling

Heat Type
Gas Forced Air Closed
Cooling
No

Parking & Garage

Garage Type
None

Lot & Land

Lot Size Units
Feet
Lot Depth
145.00
Lot Width
210.00

Financial & Tax

Tax Annual Amount
$52,474
Tax Year
2025
Possession Type
Flexible
Possession Details
TBD

Utilities & Services

Utilities
Yes

Additional Details

Occupant Type
Tenant
County Or Parish
Leeds and Grenville
Cross Street
Stewart Blvd / Central Ave W
Directions
From Stewart Blvd, head west on Central Ave W; property located at 50 Central Ave W.
Showing Requirements
List Salesperson

Location

50 Central Avenue W, Brockville, ON K6V 4N7, Brockville, ON, K6V 4N7

Listing courtesy of EXP REALTY
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