For Sale: 50 Central Avenue W, Brockville, ON - REW
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$3,500,000
0 bd • ba • 26932 sf • Multifamily
50 Central Avenue W
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$3,500,000
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50 Central Avenue WBrockville, ON, K6V 4N7

  • 0 Bed
  • Bath
  • 26932 Sqft
  • Multifamily

About this home

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. Please note all measurements, lot sizes and building sizes in the listing are approximate and are to be confirmed by the Buyer. (id:63626)
Listed by: Justin Salazar, Salesperson, EXP REALTY

Home facts and features

Price details
List Price
$3,500,000
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Gross Taxes for 2025
$52,474
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Depth
145 feet
Frontage
210.0 feet
Heating Type
Forced air, Natural gas
Agent details
Primary Agent
Justin Salazar
Primary Broker
EXP REALTY
Secondary Agent
Jack Anbara
Secondary Broker
EXP REALTY
Tertiary Agent
ANDREW ODOARDI
Tertiary Broker
EXP REALTY
Listing details
Days on REW
58 Days
Property Views
28
MLS® Number
X12996878
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Mortgage Total
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

St Mary's School
  • Catholic
  • 7 - 12
Westminster Public School
  • Public
  • JK - 6
Thousand Islands School
  • Public
  • 7 - 12
Prince of Wales Public School
  • Public
  • JK - 6
St Francis Xavier School
  • Catholic
  • JK - 6
Brockville Collegiate
  • Public
  • 7 - 12
Commonwealth Public School
  • Public
  • JK - 6
Vanier Public School
  • Public
  • JK - 6
St John Bosco School
  • Catholic
  • JK - 8
J L Jordan School
  • Catholic
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-10.
Call Agent
Salesperson
Justin Salazar
Phone:
(613) 724-0895
Office:
866-530-7737
Salesperson
Jack Anbara
Phone:
(613) 371-4840
Office:
866-530-7737
Salesperson
ANDREW ODOARDI
Phone:
(866) 530-7737
Office:
866-530-7737
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.