50 Central Avenue W, Brockville, ON K6V 4N7, Brockville, ON
26932.0 sqft
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.
Property Highlights
For Sale
MLS NO.
X12996878
Type
Commercial
Sub Type
Investment
Square Footage
26932.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X12996878
Lot Width
210.0
Lot Size Units
SquareFeet
Garage Type
None
Cooling
No
Heat Type
Gas Forced Air Closed
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
50 Central Avenue W, Brockville, ON K6V 4N7
City
Brockville
Neighbourhood
810 - Brockville
County / Region
Leeds and Grenville
Province / State
ON
Postal Code
K6V 4N7
Cross Street
Stewart Blvd / Central Ave W
Directions
From Stewart Blvd, head west on Central Ave W; property located at 50 Central Ave W.
Country
CA
List Price
$3,500,000
Annual Taxes
$52,474
Tax Year
2025
Possession Type
Flexible
Possession Details
TBD
Listing Office
EXP REALTY
Board
Ottawa Real Estate Board
Original Entry
2026-04-14T17:06:06Z
Media Updated
2026-04-14T17:06:06Z
Photos Updated
2026-04-14T17:06:06Z
Last Modified
2026-04-14T17:06:06Z
System Modified
2026-04-14T17:06:06.341489Z
MLS Status
New
Co List Office Name
EXP REALTY
Ddfyn
Yes
Expiration Date
2026-10-31
Heat Type Multi
Gas Forced Air Closed
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
441760190
Public Remarks
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.