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MLS® X12909350
North Glengarry, ON
Turnkey 5-Unit Investment. Exceptional opportunity to own a fully renovated 5-unit residential building in Alexandria. Converted less than two years ago from office space, this property offers modern design, consistent high-end finishes, and strong rental income. The building features four fully leased units generating $6,900/month, with an additional 2,000 sq ft owner's suite offering excellent potential for added income or owner occupancy. Each unit includes 2 bedrooms, 1.5 bathrooms, in-suite laundry, and energy-efficient heat pumps with A/C. All apartments are finished with granite countertops, quality cabinetry and durable modern flooring throughout. Tenants are on one year leases transitioning to month-to-month, providing both stability and flexibility. All tenants pay their own utilities. Low annual taxes of $6,000 and minimal capital expenditure make this a strong addition to any portfolio with a net income of approximately $90,000.00 per year if owner suite is rented. Located in the growing community of Alexandria, offering steady rental demand, affordability and convenient access to Cornwall, Ottawa, and Montreal. This opportunity is turnkey, low maintenance with strong income potential!
Broker
RE/MAX AFFILIATES MARQUIS LTD.
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Investment
280 INDUSTRIAL Boulevard North Glengarry
North Glengarry
Type
Investment
Parking
None
Property Tax
~$6,000/yr
Heating
Other
Buying Essentials
Square Feet
2000 sqft
Parking
None
Finances
List Price
$1,850,000
Price per SQFT
$925/sqft
Property Tax
~$6,000/yr
Property Specs
Property Type
Investment
MLS Size
2000 sqft
Living & Amenities
Heating Type
Other
Policies & Utilities
Neighbourhood
North Glengarry
Listed On
Mar 23, 2026
Days on Market
Current: 230 days
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