280 Industrial Boulevard, North Glengarry, Ontario K0C 1A0

Listed for:
$1,850,000
0 beds
0 baths
Listed 24 days ago
Multi-Family for rent: 280 Industrial Boulevard, North Glengarry, Ontario K0C 1A0

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About

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. 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:27476)

Property Highlights

MLS® Number
X12909350
Type
Multi-family
Community Name
719 - Alexandria

Building

Building Type
Multi-Family
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Other
Heating Fuel
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
RE/MAX AFFILIATES MARQUIS LTD.
MLS® number:
X12909350
Agent:
Jamie Macdonald
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