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:25961)
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Rooms
| Level | Type | Dimensions |
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Details
- Transaction: For sale
- Zoning Description: R5
Building
- Cooling: None
- Fireplace Present: False
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 26932 sqft
- Type: Multi-Family
- Utility Water: Municipal water
Land
- Size Frontage: 210 ft
- Size Irregular: 210 x 145 FT
Listing provided by EXP REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 50 CENTRAL AVENUE W in Brockville Ontario. It was last modified on April 14th, 2026. Contact Biju George to schedule a viewing or to discover other Brockville real estate for sale.