Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

280 Industrial Boulevard North Glengarry, Ontario K0C 1A0

Fully Air Conditioned Other

$1,750,000

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:67947)

Property Details

MLS® Number X14166856
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/30498755/280-industrial-boulevard-north-glengarry-719-alexandria

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Jamie Macdonald, Real Broker Ontario Ltd., Brokerage · Donna Primeau, Real Broker Ontario Ltd., Brokerage · Lyle Warden, Real Broker Ontario Ltd., Brokerage

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Want an introduction? Call or text Nicolas at 613-859-9331 or email Nicolas@SigounisProperties.ca. No referral fees: Nicolas is not paid for these introductions.

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Estimate only. This is not a rate offer or a mortgage approval. Payments use Canadian semi-annual compounding. Insurance premiums, taxes and rates can change, and legal fees, adjustments and other closing costs are not included. Confirm your numbers with your lender.