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$1,850,000
Ontario,North Glengarry
For Sale Active
280 INDUSTRIAL BOULEVARD, North Glengarry, Ontario K0C1A0
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Basic Details
Description

Turnkey 5-Unit Investment. Exceptional opportunity to own a fully renovated 5-unit residential building in Alexandria. Converted less than two years ago from office space, this property offers modern design, consistent high-end finishes, and strong rental income. The building features four fully leased units generating $6,900/month, with an additional 2,000 sq ft owner’s suite offering excellent potential for added income

or owner occupancy. Each unit includes 2 bedrooms, 1.5 bathrooms, in-suite laundry, and energy-efficient heat pumps with A/C. All apartments are finished with granite countertops, quality cabinetry and durable modern flooring throughout. Tenants are on one year leases transitioning to month-to-month, providing both stability and flexibility. All tenants pay their own utilities. Low annual taxes of $6,000 and minimal capital expenditure make this a strong addition to any portfolio with a net income of approximately $90,000.00 per year if owner suite is rented. Located in the growing community of Alexandria, offering steady rental demand, affordability and convenient access to Cornwall, Ottawa, and Montreal. This opportunity is turnkey, low maintenance with strong income potential! (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X12909350
  • Price: $1,850,000
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 291732
Features & Appliances
Features
  • Heating System: Other
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, North Glengarry, K0C1A0
  • Street: INDUSTRIAL
  • Street Number: 280
  • Street Suffix: Boulevard
  • Longitude: W75° 21' 2.4''
  • Latitude: N45° 18' 49.5''
Additional Information
  • Water Source:
Financial
  • Tax Annual Amount: 6000
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Listing updated: 2026-05-14 08:05:34
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Listing Information
  • List Agent Key: 2045459
  • List Office Key: 291732
  • Modification Timestamp: 2026-05-05T14:10:11Z
  • Originating System Name: Cornwall & District Real Estate Board
  • Status Change Timestamp: 2026-05-05T14:05:00Z
Powered by REALTOR.ca
Listing updated: 2026-05-14 08:05:34
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