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Renanza Realty
For sale

280 INDUSTRIAL BOULEVARD

North Glengarry, Ontario

MLS® X14166856

$1,750,000

Status
Active
Property type
Multi-family
MLS® number
X14166856
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

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!

Property summary

MLS® number
X14166856
Property type
Multi-family
Building type
Multi-Family
Annual property taxes
$6,000.00
Days on market
1 day

Features & details

Heating
Other
Cooling
Fully air conditioned

What would this home cost you?

Based on the $1,750,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$8,142 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of REAL BROKER ONTARIO LTD., BROKERAGE, ALEXANDRIA.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.