Commercial Sale in Brockville

CA$3,500,000

50 Central, K6V 4N7, Brockville, ON

Commercial Sale for sale in Brockville, 50 Central, K6V 4N7

50 Central, K6V 4N7, Brockville, ON

CA$3,500,000

Type: Commercial Sale

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.

Location

50 Central, K6V 4N7, Brockville, ON

Data

Object TypeCommercial Sale
Purchase PriceCA$3,500,000
Living Space0 m²
Plot SizeN/A
BathroomsN/A
Construction YearN/A
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeGas Forced Air Closed
Primary Energy SourceN/A
Construction YearN/A
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent

R

Real Estate Agent