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$3,500,000

50 CENTRAL AVENUE W — Brockville, Ontario

K6V4N7

26,932Sq Ft

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. (id:63357)

Property Location

Map

Property Details

Property Type: Multi-Unit
Living Area: 26,932 sqft
Status: Active

Location & Neighborhood

What's nearby 50 CENTRAL AVENUE W

Nearby Schools

Westminister Public School
elementary
0.3 km
St. Mary Catholic High School
secondary
0.3 km

Parks & Recreation

Baker Park
park
0.4 km
Lower Brockview Park
park
0.4 km
Kelly Ball Park
park
0.6 km

Transit Access

Brockville
Train Station
0.7 km

Local Amenities

Dining

Kochi Sushi0.2 km
Freshii0.6 km

Fitness

Legends Boxing Academy0.2 km
Rumble Fitness0.2 km

Grocery

Food Basics0.5 km
Bulk Barn0.6 km

Pharmacy

Shoppers Drug Mart0.6 km

Banking

Scotiabank0.7 km

POI data updated 4/19/2026

Brockville Market Snapshot

155

Active Listings

$545K

Median Price

Avg Days on Market

Last updated: Apr 14, 2026

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Listed by

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$3,500,000