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$3,500,000
Ontario,Brockville
For Sale Active
50 CENTRAL AVENUE W, Brockville, Ontario K6V4N7
  • 26,932 Sqft
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Basic Details
Description

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. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X12996878
  • Price: $3,500,000
  • Square Footage: 26,932 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 293989
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: None
Address Map
  • Location: CA, Ontario, Brockville, K6V4N7
  • Street: Central
  • Street Number: 50
  • Street Suffix: Avenue
  • Longitude: W76° 18' 9.7''
  • Latitude: N44° 35' 51.7''
  • Street Dir Suffix: West
Additional Information
  • Water Source:
  • Lot Size Dimensions: 210 x 145 FT
Financial
  • Tax Annual Amount: 52474
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Listing updated: 2026-04-16 06:42:30
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Listing Information
  • List Agent Key: 2041708
  • List Office Key: 293989
  • Modification Timestamp: 2026-04-14T18:15:56Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2026-04-14T18:05:04Z
Powered by REALTOR.ca
Listing updated: 2026-04-16 06:42:31
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