LOADING

137 George Street Brockville, Ontario K6V 7L4

Hot Water Radiator Heat

$10,999,000

Two - 3 storey multi-family properties in the city of 1000 islands. Built by a PREMIUM BUILDER with a successful portfolio. 48 rental apartments with 5 x one bedroom, 32 x two bedroom, & 11 x three bedroom units. Efficient hot water boiler system, spray foam insulation, ERV's (energy recovery ventilator) in each unit, & 40-year fiberglass shingles. 50 hydro meters (tenants pay in-unit hydro), ELEVATORS (2), 52 parking spots, incl. 19 underground, visitors and disabled. Each apartment will be equipped with a fridge, stove, & dishwashers. Great management team in place & existing contract can be assumed. Income generating Laundry facilities on each floor with card operated machines. Located in the old town Brockville a short distance to grocery stores, recreation, shopping, restaurants, shops,& the St Lawrence. Income & expenses are estimated as the building is not completed. Tax increases deferred 5 years from completion due to CIP Program, current property taxes are $7601.62 (2020). (id:37684)

Property Details

MLS® Number 1182516
Property Type Multi-family
Neigbourhood Brockville
Parking Space Total 52

Building

Constructed Date 2020
Exterior Finish Brick, Siding
Fireplace Present No
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Stories Total 3
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular * Ft X * Ft
Size Total Text * Ft X * Ft
Zoning Description Residential R8-3

https://www.realtor.ca/real-estate/21641986/137-george-street-brockville-brockville

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