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$1,800,000
Brockville
12 Scace Avenue, Brockville, Ontario, K6V2A4
This multi-family property in Brockville is for sale offering roughly 1,300 sq ft of space. It has been on the market 76 days, fresher than the Brockville average of 80 days.
Attention investors! Prime turnkey opportunities like this rarely hit the market. Welcome to 12 Scace Avenue-a brand-new, purpose-built 6-unit multiplex ideally situated in the high-demand central east end of Brockville. Designed for maximum profitability and minimal landlord oversight, this property features an ideal unit mix consisting of four spacious 2-bedroom apartments and two efficient 1-bedroom apartments. The building comes fully tenanted with leases commencing September 1st, providing immediate, predictable cash flow with zero initial vacancy. Tenant-paid hydro and water via separate meters keep operating expenses exceptionally low, while modern, high-efficiency construction ensures virtually zero capital expenditure and minimal ongoing maintenance for years to come. Centrally located near local amenities, public transit, schools, and major routes, 12 Scace Avenue represents a low-risk, high-yield centerpiece asset ready to deliver stable long-term returns from day one. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 76 days on market, against an average age of 80 days across the listings currently for sale in this city
Homes here sell close to asking price
Homes in this market sold for an average of 97.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 10-bed multi-family in Brockville has been listed for 76 days, which is 4 days fresher than the city average of 80. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,800,000, about 26.3× the local median household income of $68,500.
Carrying it typically needs a household income of about $351,603 (20% down, 25-yr amortization, stress-tested) — roughly 413% above the area median.
Source: Statistics Canada, 2021 Census (FSA K6V)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice