280 INDUSTRIAL BOULEVARD

$1,850,000

719 - Alexandria, North Glengarry, Ontario

    Commercial · Multi-familyType
    OtherHeating
    Fully air conditionedCooling
    221Days on market

    About this property

    Turnkey 5-Unit Investment. Exceptional opportunity to own a fully renovated 5-unit residential building in Alexandria. Converted less than two years ago from office space, this property offers modern design, consistent high-end finishes, and strong rental income. The building features four fully leased units generating $6,900/month, with an additional 2,000 sq ft owner’s suite offering excellent potential for added income or owner occupancy. Each unit includes 2 bedrooms, 1.5 bathrooms, in-suite laundry, and energy-efficient heat pumps with A/C. All apartments are finished with granite countertops, quality cabinetry and durable modern flooring throughout. Tenants are on one year leases transitioning to month-to-month, providing both stability and flexibility. All tenants pay their own utilities. Low annual taxes of $6,000 and minimal capital expenditure make this a strong addition to any portfolio with a net income of approximately $90,000.00 per year if owner suite is rented. Located in the growing community of Alexandria, offering steady rental demand, affordability and convenient access to Cornwall, Ottawa, and Montreal. This opportunity is turnkey, low maintenance with strong income potential! (id:45603)

    Property details

    Exterior & parking

    Structure type
    Multi-Family
    Architectural style
    []

    Building & HOA

    Heating
    Other
    Cooling
    Fully air conditioned

    Financial & legal

    List price
    $1,850,000
    Annual taxes
    $6,000
    Status
    Active
    MLS® number
    X12909350

    Location

    City
    North Glengarry
    Neighbourhood
    719 - Alexandria
    Province
    Ontario
    Postal code
    K0C1A0
    Directions
    Cross Streets: TOUCHETTE AND INDUSTRIAL. ** Directions: FROM MAIN STREET GO WEST ON KINCARDINE ST. THEN NORTH ON MACDONALD BLVD. WEST ON TOUCHETTE ST. THEN NORTH ON INDUSTRIAL.

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    Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).