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$1,249,900
Brockville
98 Pine Street, Brockville, Ontario, K6V1G9
This multi-family property in Brockville is for sale offering roughly 4,250 sq ft of space. It has been on the market 58 days, fresher than the Brockville average of 79 days.
Turnkey Investment Opportunity in a Prime Location. Welcome to this well-maintained, all-brick 5-unit income property, ideally situated close to downtown, the waterfront, and local amenities. With ample parking available for all tenants and numerous major updates already completed, this property offers an excellent opportunity for both seasoned investors and those entering the rental market. The building features five units ranging from one to two bedrooms. Tenants pay their own hydro, water, and hot water heater costs, while heat is included, helping to simplify management and operating expenses. Pride of ownership is evident throughout the property. Significant improvements, including the boiler and roof, have already been completed, providing added peace of mind for the next owner. Whether you're looking to expand your investment portfolio or occupy one unit while generating income from the others, this property offers flexibility and strong potential. Please note that a minimum of 24 hours' notice is required for all showings due to tenant occupancy. Floor plans and photos are available. Some interior photos were taken prior to the current tenants moving in. Your agent can access the financials under documents and have your agent call to book a showing now, you will not be disappointed. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 58 days on market, against an average age of 79 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 8-bed multi-family in Brockville has been listed for 58 days, which is 21 days fresher than the city average of 79. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,249,900, about 18.2× the local median household income of $68,500.
Carrying it typically needs a household income of about $244,149 (20% down, 25-yr amortization, stress-tested) — roughly 256% 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