CAONBrockville50 Central Ave W
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50 Central Ave W, Brockville, ON

House

For Sale

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000

MLS® X12996878

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 26932 sqft
Garage None
Taxes $52,474
Days Active 3
Lot Size 
Approx. Age 
Avg. Price Per Sqft $129
MLS® Number X12996878

Property Address: 50 Central Ave W, Brockville, ON, K6V4N7

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® NumberX12996878
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
Basement
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

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  • Commute

Commute

Starting Address
Destination Address
50 Central Ave W, Brockville, ON

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