44 Central Avenue E Brockville, Ontario K6V 1W6

$5,988,000

A rare opportunity to acquire a well-maintained, income-producing 35-unit apartment building in one of Brockville's most desirable neighbourhoods - just northeast of the historic downtown and minutes from the St. Lawrence River.Built in 1979, this solid 5-level masonry building features four levels fully above grade with 34,700 sq.ft. of residential space and a mix of 1-, 2-, and bachelor suites (1 bachelor, 6 one-bedroom, 28 two-bedroom). Each above-grade unit includes a private balcony, and many suites have been updated.Residents enjoy covered parking for up to 38 vehicles, including a renovated two-level garage, elevator service, and three common laundry facilities. The property is situated on a 25,800 sq.ft. corner lot at Central Avenue and Ormond Street, offering great exposure, mature landscaping, and easy access to public transit, shopping, and waterfront trails. The building is fully serviced with municipal water, sewer, and natural gas, and equipped with a secure entry system, fire alarm, emergency lighting, and security cameras. With a proven rental history, generous unit sizes, and landlord-paid utilities, 44 Central Avenue presents a stable and scalable multifamily investment in a growing regional market. (id:60365)

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https://www.realtor.ca/real-estate/28994022/44-central-avenue-e-brockville-810-brockville