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  • DESCRIPTION

    Two - 3 storey multi-family properties in the city of 1000 islands. Built by a PREMIUM BUILDER with a successful portfolio. 48 rental apartments with 5 x one bedroom, 32 x two bedroom, & 11 x three bedroom units. Efficient hot water boiler system, spray foam insulation, ERV's (energy recovery ventilator) in each unit, & 40-year fiberglass shingles. 50 hydro meters (tenants pay in-unit hydro), ELEVATORS (2), 52 parking spots, incl. 19 underground, visitors and disabled. Each apartment will be equipped with a fridge, stove, & dishwashers. Great management team in place & existing contract can be assumed. Income generating Laundry facilities on each floor with card operated machines. Located in the old town Brockville a short distance to grocery stores, recreation, shopping, restaurants, shops,& the St Lawrence. Income & expenses are estimated as the building is not completed. Tax increases deferred 5 years from completion due to CIP Program, current property taxes are $7601.62 (2020). (id:5764)

    KEY DETAILS
    • Price:
    • $10,999,000
    • Bedrooms:
    • 0
    • Full Baths:
    • 0
    • Square Footage:
    • n/a
    • Acreage:
    • n/a
    • Year Built:
    • 2020
    • Listing #:
    • 1182516
    • Street Address:
    • 137 George Street
    • City:
    • Brockville
    • State:
    • ON
    • Postal Code:
    • K6V 7L4
    • Subdivision:
    • Brockville
    • Listing Status:
    • For Sale - Active

    Building

    • Number Of Units:
    • 48
    • Stories:
    • 3
    • Year Built:
    • 2020

    Location

    • Subdivision:
    • Brockville

    Structures

    • Parking Spaces:
    • 52

    Systems

    • Heating Fuel:
    • Natural Gas
    • Sewage Type:
    • Municipal Sewage System

    Source

    REQUEST SHOWING
    NOTES

    No notes have been added for this home.

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