- Year Built2020
- Listing TypeMulti-family
- Property Style
- Address137 George Street
- Postal CodeK6V7L4
Heating & Cooling
- HeatingHot Water Radiator Heat (Natural Gas)
Listing courtesy of CAPITAL HOMES REALTY INC.
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:30499)
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
The trademarks MLS®, Multiple Listing Service®, and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.