50 CENTRAL AVENUE W, Brockville

$3,500,000

For sale: Multiplex

Multiplex at 50 CENTRAL AVENUE W, Brockville
Property type
Investment
MLS®
MLS® X12996878
Neighbourhood
810 - Brockville

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.

Sold data

Homes in Brockville — recent sold market

Homes in Brockville took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 72, across 87 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.

The median sale price was $450,000.

Homes sold for about 2.5% below asking on average, so there was room to negotiate.

About 16% of sales closed above the list price.

Around 32% of sellers reduced their price before finding a buyer.

Median days to sell
34
Median sale price
$450,000
Sale-to-list ratio
97.5%
Sold above asking
16%

Based on 87 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

Schools in Brockville

Brockville has 10 Fraser Institute–rated schools (6 elementary and 4 secondary), averaging 6.0/10.

Rated schools
10
Elementary
6
Secondary
4
Average rating
6.0 / 10

Top-rated schools in Brockville

  • Ange-Gabriel — secondaryFraser rating 7.9/10
  • St John Bosco — elementaryFraser rating 7.5/10
  • St. Mary's — secondaryFraser rating 7.2/10
  • Brockville — secondaryFraser rating 6.9/10
  • Westminster — elementaryFraser rating 6.2/10
  • Thousand Islands — secondaryFraser rating 6.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 50 CENTRAL AVENUE W