$3,500,000
FOR SALE

Investment

Lot: 210 x 145 ft
2025 Taxes: $52,474

50 Central Ave W
Brockville, ON K6V 4N7 | 810 - Brockville | Leeds and Grenville

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.
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Listed By EXP REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12996878
Last Updated Apr 14, 2026
Property Summary
Property Type Investment

More like this:
PIN 441760190
Possession Date TBD
Taxes (2025) $52,474
Directions/Cross Streets Stewart Blvd / Central Ave W
Neighbourhood 810 - Brockville
Area Leeds and Grenville
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 210 x 145 ft
Air Conditioning No
Garage Type None
Heat Type Gas Forced Air Closed

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