1115 Millwood Avenue,Brockville, ON K6V0E6
Brockville, ON K6V0E6
Description
A rare plug-and-play investment opportunity with virtually no hassle! Welcome to 1115 Millwood Avenue in Brockville, a 4-unit townhouse development, built just 4 years ago, that offers an exceptional combination of quality, location, and reliable income. Set in a beautiful creekside location, the property provides a peaceful residential environment while remaining conveniently walkable to 1000 Islands Mall and nearby amenities. All four units are occupied by long-term, established tenants who have transitioned from homeownership to a maintenance-free rental lifestyle, making this a stable, low-turnover investment. Current rents range from $3,000 to $3,500 per month, generating an approximate net income of $120,000 per year before debt servicing. For investors seeking a well-maintained, income-producing property with minimal day-to-day involvement, this is a compelling opportunity. Note: photos included are of an interior unit. (id:13843)
Details
| MLS # | X13736142 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 62 |
| Listing Provided By | HOMELIFE/DLK REAL ESTATE LTD | ROB THOMPSON |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 8 Total |
| SQ Feet | 5,000 |
| Garage | 18 |
| Story(s) | 1 |
Interior
| Cooling | Central air conditioning |
|---|---|
| Heating | Heat Pump, Natural gas |
| Appliances | Garage door opener remote(s) |
| Fireplace Yes / No | Yes |
| Fireplaces Total | 4 |
Exterior
| Lot Features | Ravine, Lane |
|---|---|
| Foundation Details | Poured Concrete |
Parking
| Parking Features | Attached Garage, Garage |
|---|---|
| Parking Total | 18 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 14152 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Brockville |
| Postal Code | K6V0E6 |
| Listing VS Median (in K6V0E6) | |
Price: $1,990,000 low | high Med: $1,990,000 sqft: 5,000 low | high Med: 5,000 $ / sqft: $398 low | high Med: $398 On site: 62 low | high Med: 62 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Brockville |
| Postal Code | K6V0E6 |
| Listing VS Median (in K6V0E6) | |
Price: $1,990,000 low | high Med: $1,990,000 sqft: 5,000 low | high Med: 5,000 $ / sqft: $398 low | high Med: $398 On site: 62 low | high Med: 62 | |