511-513 St-Philippe Street, Alfred and Plantagenet, ON K0B 1A0
$2,875,000
511-513 St-Philippe Street, Alfred and Plantagenet, ON K0B 1A0, Alfred and Plantagenet, ON
3.27 sqft
This exceptional mixed-use investment opportunity in Alfred offers a rare combination of scale, stability, and significant upside potential. Set on approximately 3.7 acres, the property benefits from multiple access points, including direct highway access, providing excellent visibility, accessibility, and operational efficiency. The property includes 30 residential units plus 1 commercial unit, with a portion of the residential dwellings currently owner and family-occupied. This presents immediate upside potential, as full market rental of these units would further enhance overall income performance. There is also additional potential to convert up to 2 more residential units. The main income cluster consists of the former Motel Rouleau, successfully converted into 16 fully rented bachelor-style residential units, along with a shared coin-operated laundromat for tenants. Attached is a two-storey residence offering flexibility, including two kitchens already in place and the option to convert the main level back into a duplex. The basement is currently operating as a nail salon (tenant vacating upon sale), providing an immediate opportunity to convert back into an additional residential unit. Adjacent is another self-contained residential unit. To the west, a separate 10-plex offers all 1-bedroom units, with its own laundromat and dedicated parking. The property also includes a large well-maintained bungalow with an attached garage & another renovated bungalow currently tenant occupied. The basement of this bungalow has been converted into 12 fully rented storage units. With strong in-place tenancy, diversified income across residential, commercial, and storage components, and upside through occupancy optimization and future conversions, this is a rare turnkey portfolio with exceptional income stability and long-term growth potential.
Property Highlights
For Sale
MLS NO.
X13152198
Type
Commercial
Sub Type
Investment
Square Footage
3.27 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X13152198
Lot Width
85.62
Garage Type
Double Detached
Cooling
Yes
Heat Type
Baseboard
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
511-513 St-Philippe Street, Alfred and Plantagenet, ON K0B 1A0
City
Alfred and Plantagenet
Neighbourhood
609 - Alfred
County / Region
Prescott and Russell
Province / State
ON
Postal Code
K0B 1A0
Cross Street
HWY 17/ LAROCQUE STREET
Directions
FROM HWY 17 EAST TURN RIGHT ON LAROCQUE STREET, ENTRANCE WILL BE BESIDE 39 LAROCQUE.
Country
CA
List Price
$2,875,000
Annual Taxes
$30,335
Tax Year
2025
Possession Type
Other
Possession Details
TBA
Listing Office
RE/MAX DELTA REALTY
Board
Ottawa Real Estate Board
Original Entry
2026-05-20T20:55:33Z
Media Updated
2026-05-20T20:55:34Z
Photos Updated
2026-05-20T20:55:34Z
Last Modified
2026-06-04T14:40:46Z
System Modified
2026-06-04T14:40:46.419044Z
MLS Status
New
Co List Office Name
RE/MAX DELTA REALTY
Ddfyn
Yes
Expiration Date
2027-05-07
Heat Type Multi
Baseboard
Hstapplication
In Addition To
Occupant Type
Owner+Tenant
Originating System Id
A00001796
Parcel Number
541340138
Public Remarks
This exceptional mixed-use investment opportunity in Alfred offers a rare combination of scale, stability, and significant upside potential. Set on approximately 3.7 acres, the property benefits from multiple access points, including direct highway access, providing excellent visibility, accessibility, and operational efficiency. The property includes 30 residential units plus 1 commercial unit, with a portion of the residential dwellings currently owner and family-occupied. This presents immediate upside potential, as full market rental of these units would further enhance overall income performance. There is also additional potential to convert up to 2 more residential units. The main income cluster consists of the former Motel Rouleau, successfully converted into 16 fully rented bachelor-style residential units, along with a shared coin-operated laundromat for tenants. Attached is a two-storey residence offering flexibility, including two kitchens already in place and the option to convert the main level back into a duplex. The basement is currently operating as a nail salon (tenant vacating upon sale), providing an immediate opportunity to convert back into an additional residential unit. Adjacent is another self-contained residential unit. To the west, a separate 10-plex offers all 1-bedroom units, with its own laundromat and dedicated parking. The property also includes a large well-maintained bungalow with an attached garage & another renovated bungalow currently tenant occupied. The basement of this bungalow has been converted into 12 fully rented storage units. With strong in-place tenancy, diversified income across residential, commercial, and storage components, and upside through occupancy optimization and future conversions, this is a rare turnkey portfolio with exceptional income stability and long-term growth potential.
