50 Central Avenue W, Brockville, ON K6V 4N7

810 - Brockville · Brockville · ON

$3,500,000For Sale Updated 1 day ago

26,932 sq ftLiving area

InvestmentProperty type

About this property

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.

Property details

MLS® Number: X14158436
Status: Active / New
Transaction: For Sale
Property Type: Commercial
Property Subtype: Investment
Lot Size: Feet
Lot Width: 210.00
Lot Depth: 145.00
Taxes: $52,474
Tax Year: 2025
Garage: None
Heating: Gas Forced Air Closed
Cooling: No
Cross Street: Stewart Blvd / Central Ave W
Directions: From Stewart Blvd, head west on Central Ave W; property located at 50 Central Ave W.
Occupancy: Tenant

Building & Construction

Building area: 26932

Parking & Garage

Garage: None

Community & Neighbourhood

Cross street: Stewart Blvd / Central Ave W

Utilities & Services

Utilities: Yes

Location

Listing courtesy of EXP REALTY

Property History

Listed: November 6, 2026 2:48 PM
Listing updated: November 9, 2026 1:26 PM
System updated: November 9, 2026 1:26 PM
Photos changed: November 6, 2026 2:48 PM
Media changed: November 6, 2026 2:48 PM
Imported locally: November 9, 2026 6:00 PM