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    For Sale - 280 INDUSTRIAL Boulevard, North Glengarry, Ontario

    Est payment $8,884/mo
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    Views   3
    Time on Jump  56 day

    AI Summary *

    • Fully renovated 5-unit building converted from office space in Alexandria.
    • Four leased units generating $6,900/month with strong rental income.
    • Each unit has 2 bedrooms, 1.5 bathrooms, and in-suite laundry.
    • Owner's suite offers potential for added income or personal use.
    • Stable tenants with one-year leases transitioning to month-to-month.




    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!
    Listing IDX12909350
    Address280 INDUSTRIAL Boulevard
    CityNorth Glengarry, Ontario
    Price$1,850,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Other

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    Listing Agency:  RE/MAX AFFILIATES MARQUIS LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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