50 Central AVE W, Brockville, ON K6V 4N7
50 Central AVE W, Brockville, ON K6V 4N7
50 Central AVE W, Brockville, ON K6V 4N7
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Tyler Verheul

Tyler Verheul

+1(613) 797-0208
$3,500,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Subdivision 810 - Brockville

MLS Listing ID X12996878

Annual Tax Amount $52,474

Tax Year 2025

Property Sub-Type Investment

Property 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

Province ON

County Leeds And Grenville

Area Leeds And Grenville

Zoning R5

Interior

Cooling No

Inclusions To be confirmed by the Vendor.

Exterior

Parking Features None

Utilities Available Yes

Building

Lot Description Lot

Others

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Lited by EXP REALTY

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Tyler Verheul

More buyers are choosing LPT Realty for one simple reason — results. With a focus on personalized service, expert guidance, and a modern approach to real estate, we make every step of the process smooth, smart, and stress-free. Discover what sets us apart.

+1(613) 797-0208

tyler@tylervproperties.ca

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50 Central AVE W

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