50 CENTRAL AVENUE W, BROCKVILLE

2026-04-14
 

Quick Summary

Location
50 CENTRAL AVENUE W, BROCKVILLE, Ontario K6V4N7
Price
$3,500,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
26932 sqft
Video Link:

MLS®#X12996878

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. (id:32467)

Property Features

Building

  • Cooling Type: None
  • Fireplace: No
  • Interior Size: 26932 sqft
  • Building Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Land Size: 210 x 145 FT

Zoning

  • Description: R5

Information entered by EXP REALTY
Listing information last updated on: 2026-04-24 05:39:51


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

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What is the deal exactly, with One Percent ?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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Erina Park REALTOR

Phone:
(613) 770-3185
Email:
erinasmpark@gmail.com
Support Area:
Kingston, Gananoque, Verona, Seeley's Bay, Stone Mills, Brockville

Erina Park is a REALTOR® with One Percent Realty, proudly serving Kingston and the surrounding comm ...

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