$759,900
For sale: Detached

With a cap rate of over 9%, this exquisite, fully renovated four unit Queen Anne build in a marquee downtown location is being offered at an absolutely amazing price. Built in 1880, this gorgeous edifice has been completely updated and finished to reflect both the character and grandeur of the late 19th century architecture and craftsmanship with modern conveniences and building systems improvements. Located in front of Brockville City Hall on the St Lawrence, this location offers easy walking access to all points downtown and ideal rental opportunities for discerning professionals looking for a unique blend of elegance, functionality and a premiere location. Front and back separate entrances for each level as well as separate electrical metering. Free street parking in front of the property and very reasonable monthly parking is available across King Street in a city lot. With excellent income from the four units, this spectacular property produces a great return and would be a coveted crown jewel in any investors portfolio.
Sold data
Detached homes in Brockville took a median of 41 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 72, across 54 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 60 days.
The median sale price was $472,400.
Homes sold for about 2.3% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 33% of sellers reduced their price before finding a buyer.
Based on 54 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Brockville has 10 Fraser Institute–rated schools (6 elementary and 4 secondary), averaging 6.0/10.
School ratings from the Fraser Institute's Ontario school report cards.
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