Listing ID: X12996878  
$3,500,000

50 CENTRAL AVENUE W

EXP REALTY

50 CENTRAL AVENUE W, Brockville, Ontario, K6V4N7
Property TypeMulti-family Building Area26932 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. (id:10648)


Details
GarageNo CarportNo
Attached GarageNo Open ParkingNo
WaterfrontNo Frontage Length210 ft
ViewNo
Building
Cooling TypeNone CoolingYes
HeatingForced air Heating FuelNatural gas
PoolNo

Listing Office: EXP REALTY

Data Provided by Ottawa Real Estate Board

Last Modified :Fri, 24 Apr 2026 05:39:51 GMT

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