For Sale - 1115 Millwood Avenue, Brockville, Ontario

Est payment $11,153/mo
Views   1
Time on Jump  79 day
  • Well-maintained 4-unit townhouse rental property, just 3 years old.
  • Desirable Creekside location, walking distance to 1000 Islands Mall.
  • Tenants are seniors seeking a maintenance-free lifestyle.
  • Strong rental income potential with annual net income around $120k.
  • Assumable mortgage of $1.5m for easier financing options.



Finally a plug and play, hassle free real estate investment. 1115 millwood, brockville is a 3 year old, high-end 4 unit townhouse rental development, with a beautiful creekside setting, yet walkable to 1000 islands mall. All tenants are senior and have all been lifelong home owners, who were looking for a maintenance free rental lifestyle. Rents range from $3,250-$3,500 with an approximate net income before debt servicing of $120k/yr. Assumable $1. 5m in mortgaging. If you are looking for a relatively hassle free real estate investment, this could be your spot.
Listing IDX12231983
Address1115 Millwood Avenue
CityBrockville, Ontario
Price$2,250,000
Bed / Bath8 / 8 Full
Style1 Storey/Apt, Multiplex
ConstructionStone, Vinyl Siding
Land Size2909.68
TypeMulti-Family
StatusFor Sale
Subtype MultiplexIndoor Features Primary Bedroom - Main Floor, Separate Hydro Meter, Storage, Auto Garage Door RemoteOutdoor Features Landscaped, PatioAmenities RavineOwnership FreeholdWaterfront None, WaterfrontCommunityBasement NoneFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 18.00
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Listing Agency:  HOMELIFE/DLK REAL ESTATE LTD
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1115 Millwood Avenue
Brockville , Ontario
8 8 $2,250,000
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