280 Industrial Boulevard North Glengarry, Ontario K0C 1A0

$1,850,000

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:43934)

Property Details

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

Building

Cooling Type	Fully Air Conditioned
Heating Type	Other
Type	Multi-family
Utility Water	Municipal Water

Land

Acreage	No
Zoning Description	Commercial

https://www.realtor.ca/real-estate/29502736/280-industrial-boulevard-north-glengarry-719-alexandria