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801 Spence Avenue

801 Spence Avenue

Hawkesbury, ON

  • 1 bed
  • 1 bath
  • approx. < 700 sqft
  • Multiplex
$5,900,000

Excellent investment opportunity in the Town of Hawkesbury! This 45-unit multiplex is ideally located close to the Hawkesbury & District General Hospital, newly built Prescott Russell Longterm Care, shopping, services, restaurants, and everyday amenities. Built in 1983 and situated on approximately 1.43 acres, the property features 45 one-bedroom units (all tenants are provided through the United Counties of Prescott and Russell- subsidized rent), with no current vacancies, municipal water and sewer, electric baseboard heating, and ample on-site parking. A rare large-scale residential income property in a convenient in-town location with strong rental demand and easy access to local services. A solid addition to any real estate portfolio.

Listing Details

Taxes (2026)
$35,025
Listed
June 30, 2026

Price History

Property

Style
2-Storey
Construction
Vinyl Siding, Brick
Roof
Asphalt Shingle
Foundation
Slab
Interior
Water Meter

Parking

Garage
None
Covered Spaces
0
Total Parking
30

Utilities

Sewer
Sewer
Heat Source
Electric

Location & Legal

Cross Street
Spence Avenue and Cameron Street
Zoning
R4
Parcel Number
541810167
Possession
Flexible
Occupancy
Tenant

Included

Inclusions
stove and fridge in every unit
Exclusions
tenants personal belongings

Schools

Elementary

  • École élémentaire publique Le Sommet0.7 km

    French public · CÉP de l'Est de l'Ontario · 95 students

  • École élémentaire publique Nouvel Horizon1.1 km

    French public · CÉP de l'Est de l'Ontario · 375 students

    Grade 3 reading: 46% met the provincial standard · Grade 6 math: 38% met the provincial standard

  • École élémentaire catholique Paul VI1.4 km

    French Catholic · CSDC de l'Est ontarien · 200 students

    Grade 3 reading: 55% met the provincial standard · Grade 6 math: 54% met the provincial standard

Secondary

  • École secondaire publique Le Sommet0.8 km

    French public · CÉP de l'Est de l'Ontario · 275 students

    Grade 10 literacy: 100% met the provincial standard

  • École secondaire catholique régionale de Hawkesbury2 km

    French Catholic · CSDC de l'Est ontarien · 380 students

    Grade 10 literacy: 100% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area K6A

Population
12,529
Private dwellings
6,325
Median age
54.8
Average household size
2
Median household income
$58,000

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

Residential Freehold in Hawkesbury · last 12 months

Median sold price
$350,000
Homes sold
172
Median days on market
26
Sale-to-list price
96.5%

Based on 172 recorded sales of residential freehold properties in Hawkesbury over the last 12 months.

Listed by

LOW'S REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$1,180,000

Estimated Monthly Payment

$28,985

Land transfer tax

Estimated land transfer tax$133,975

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $28,985/mo (20% down, 5.5%)

Taxes: $2,919/mo · Insurance: $1,475/mo

Estimates only. Consult a financial advisor.

R

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