50 Central Avenue
Brockville, ON
- 26,932 sqft
- Investment
- 147 days on market
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.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $52,474
- Listed
- April 13, 2026
Price History
Property
- Lot Size
- 210 x 145 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Stewart Blvd / Central Ave W
- Zoning
- R5
- Parcel Number
- 441760190
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- To be confirmed by the Vendor.
- Exclusions
- All Tenant Belongings.
Community
Postal area K6V
- Population
- 28,174
- Private dwellings
- 13,705
- Median age
- 52
- Average household size
- 2.1
- Median household income
- $68,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Brockville · last 12 months
- Median sold price
- $420,000
- Homes sold
- 342
- Median days on market
- 30
- Sale-to-list price
- 97.4%
Based on 342 recorded sales of commercial properties in Brockville over the last 12 months.
Listed by
EXP REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 26,932 sq ft
- Price per sq ft
- $129.96
- Annual property tax
- $52,474
- Tax per sq ft
- $1.95
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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