
280 INDUSTRIAL Boulevard
North Glengarry, ON, K0C 1A0
Community:719 - Alexandria
Asking Price
$1,850,000
Frontage
Lot Depth
Square Foot
Lot Area
Zoning
Commercial
280 INDUSTRIAL Boulevard, North Glengarry, K0C 1A0
Property Description
Original Remarks
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!
PROPERTY HISTORY
280 INDUSTRIAL Boulevard
PROPERTY DETAILS
Explore Neighbourhood
Everything you need to know about living near 280 INDUSTRIAL Boulevard

