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:4069)
Address
1115 MILLWOOD AVENUE
List Price
$1,990,000
Property Type
Multi-family
Type of Dwelling
Other
Style of Home
Bungalow
Transaction Type
Sale
Area
Ontario
Sub-Area
Brockville
Bedrooms
8
Bathrooms
8
Floor Area
5000 - 100000 Sq. Ft.
Lot Size
83 x 270 FT Sq. Ft.
Lot Depth
270 ft
Frontage Length
83 ft
MLS® Number
X13736142
Listing Brokerage
HOMELIFE/DLK REAL ESTATE LTD
Basement Area
None
Postal Code
K6V0E6
Parking Places (Total)
18
Features
Ravine, Lane
Appliances
Garage door opener remote(s)
Amenities
Fireplace(s), Separate Electricity Meters
Heat Source
Natural gas
Heat Type
Heat Pump
Cooling Features
Central air conditioning
Fireplace
Yes
Number of Fireplaces
4
Foundation Details
Poured Concrete
Other Structures
Deck
Number Of Floors In Building
1
Water Source
Municipal water
Sewer
Sanitary sewer
