May 14, 2020


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Category: Buy and sell a house


Description Welcome to 137 George Street in Brockville, Ontario 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). For More Photos and Details: PLEASE CONTACT ME FOR INVESTMENT DETAILS / SITE PLAN SKETCH / RENT ROLL Professionally Listed on MLS by Capital Homes Realty Inc. Johnny Hunt Broker/Owner 613-853-7653


I specialize in New Construction, Relocation, Development Land, Farm and Land, Investments, Lake/Beach Property, Luxury Homes, Residential Acreages, Vacation and Resorts and Horse Property.



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