280 INDUSTRIAL Boulevard
Interior view
Interior view
37
For Sale113 days on Market

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

OccupancyInvestment
Possession TypeFor Sale
Heating Type
Water
Sewers
Retail Area
Ownership Type
Basement
Garage TypeNone
Elevator
Community719 - Alexandria
Hours Open
CategoryApartment
LLBO
Days Open
Business / BuildingCommercial
Employees
Financial Statement
Franchise Seats
Drive Parking Spaces
Drive Parking Spaces

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Consult Type

Consult typically takes 30–45 minutes