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. Please note all measurements, lot sizes and building sizes in the listing are approximate and are to be confirmed by the Buyer.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X12996878
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	26,932 sq ft
Beds / Baths	0 bed · 0 bath
Neighbourhood	810 - Brockville
City	Brockville
Postal Code	K6V 4N7
Province	ON
Listed Date	April 14, 2026
Days on Market	114
Price per Sq Ft	$130
Brokerage	EXP REALTY