50 Central Avenue W
810 - Brockville, Brockville, K6V 4N7
$3,500,000
Listed 189 days ago · MLS® X12996878
About this home
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.
Details
- Type
- Investment
- Lot
- 210 × 145 ft
- Garage
- None
- Property tax
- $52,474 (2025)
- Neighbourhood
- 810 - Brockville
- Municipality
- Brockville
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Utilities
- Yes
Building and exterior
- Building area
- 26,932 Square Feet
More
- Possession
- TBD
- Cross street
- Stewart Blvd / Central Ave W
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
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The neighbourhood
Getting around Very walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: 4 grocery stores, 17 cafés and restaurants, 5 parks, 3 pharmacies. Nearest grocery: Food Basics (550 m). Nearest park: Baker Park (350 m).
Schools nearby
Elementary
- Westminister Public School4 min walk
- St. Francis Xavier Catholic School Catholic17 min walk
- Vanier Public School
EQAO: Gr 6 reading 83%, math 41%1.4 km - St. John Bosco Catholic School Catholic
EQAO: Gr 6 reading 87%, math 40%1.7 km
Secondary
- St. Mary Catholic High School Catholic
EQAO: Gr 9 math 49%, literacy test 93%5 min walk - Thousand Islands Secondary School
EQAO: Gr 9 math 46%, literacy test 89%13 min walk - Brockville Collegiate Institute
EQAO: Gr 9 math 67%, literacy test 80%18 min walk
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area K6V
- Owners / renters
- 63% / 37%
- Median household income
- $68,500
- Average age
- 48
- Children under 15
- 12%
- Homes
- 56% detached, 5% high-rise
- Commute by transit
- 1%
- Population
- 28,174
Languages spoken most at home besides English: Punjabi (Panjabi) 0.3%, Arabic 0.2%, Mandarin 0.2%, Gujarati 0.1%.
Safety
Crime Severity Index for Brockville police: 95 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.
Living here
Commute
Noise 1 source nearby
- 🛣️ Highway 401400 m
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by EXP REALTY.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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