49 Wall Street

Attention investors! If you’re on the lookout for a promising opportunity, look no further than this Multi-Family Home for sale in Brockville , located at 49 Wall Street, Brockville. Nestled in the vibrant heart of Brockville, this well-maintained multiplex is an ideal investment for those wanting to tap into the rental market. With a solid history of reliable rental income, this property is fully tenanted, making it a truly turnkey addition to any investment portfolio.

This Multi-Family Home for sale in Brockville boasts a generous layout, featuring a total of nine rooms, including four bedrooms and a den, spread across two storeys. The property is structured as a triplex, consisting of two 2-bedroom rentals and one 1-bedroom rental, providing a diverse range of accommodation options for tenants. Each unit is equipped with low-maintenance laminate flooring, ensuring that upkeep is minimal and hassle-free. The appeal of this property is further enhanced by the strong interest expressed by current tenants in continuing their leases, which offers peace of mind for any potential buyer.

Situated on a lot measuring 32 by 98 feet, this Multi-Family Home for sale in Brockville is set within a community that offers a blend of urban convenience and local charm. The building, which has stood for over 100 years, carries with it a sense of history and character, while still providing the essentials needed for modern living. The property is connected to municipal water and sewer systems, ensuring reliable services for all tenants.

While the property does not feature air conditioning, a fireplace, or a central vacuum system, it does offer two kitchens, making it particularly attractive for multi-family living or rental opportunities. The absence of a pool may be a consideration for some, but the private driveway provides ample parking space for up to two vehicles, a significant advantage in a bustling area like Brockville.

The heating system is powered by forced air, which is efficient and effective for keeping the property warm during the colder months. The unfinished basement presents a blank canvas for potential buyers; it could be transformed into additional living space or storage, depending on your vision for the property. Although there are no extra features listed, the fundamentals of this Multi-Family Home for sale in Brockville are solid, making it a wise investment choice.

Located at 49 Wall Street, Brockville, this property is ideally positioned for those who appreciate the convenience of urban living. The surrounding area is rich with amenities, including shops, restaurants, and recreational facilities, making it an attractive location for potential tenants. The community of Brockville is known for its friendly atmosphere and vibrant culture, further enhancing the desirability of this Multi-Family Home for sale in Brockville.

With the cap rate sitting at approximately 6.18, this property not only promises a steady income stream but also presents an opportunity for future appreciation. Investors can rest easy knowing that rental deposits are reliably paid directly by the Ontario government into the owner’s account, ensuring consistent cash flow.

In summary, if you’re seeking a solid investment in a thriving community, this Multi-Family Home for sale in Brockville at 49 Wall Street, Brockville, should be at the top of your list. With its excellent rental history, strong tenant interest, and prime location, this property is ready to welcome its next owner. Don’t miss out on the chance to schedule your private viewing today and explore the potential this property has to offer!

Community 810 in Brockville is a charming and picturesque area that offers a delightful blend of historical charm and modern amenities. Nestled along the St. Lawrence River, this community boasts stunning waterfront views and a rich maritime heritage. Residents can enjoy leisurely strolls along the scenic waterfront pathways, explore local parks, and partake in various recreational activities. The area is well-served by shops, cafes, and restaurants, providing a vibrant local atmosphere. With its friendly neighbourhood feel and a strong sense of community spirit, Community 810 is an inviting place for those seeking a tranquil yet engaging lifestyle in the heart of Brockville.

Schools in the Neighbourhood

This property is conveniently located near several reputable educational institutions, making it an ideal choice for families. Just 0.5 km away, Brockville Collegiate Institute offers a strong secondary education for grades 7 to 12 under the Upper Canada District School Board, boasting a commendable school rating of 6.9. Additionally, St. Francis Xavier Catholic School, also located 0.5 km from the property, provides a nurturing environment for elementary students in grades JK to 6, with a notable rating of 4.6, and is part of the Catholic District School Board of Eastern Ontario. For younger children, Commonwealth Public School is situated 0.9 km away, offering French-language instruction for grades JK to 6, although it has a lower school rating of 3.2. All schools in the vicinity emphasize French as the language of study, catering to families seeking bilingual education. With such a variety of educational options nearby, potential buyers can feel confident in the quality of schooling available for their children, enhancing the appeal of this property as a family-friendly home.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 420 residents, with an average household size of 2.2 individuals. The demographic profile indicates an average age of 43.3 years and a household income of approximately $64,500. Notably, 20.4% of the population is classified as low-income. The housing market shows an average property price of $236,000, with a significant portion of the population (51.43%) being renters. Single individuals make up 56.16% of the demographic, while households with children account for 36.36%. The community is relatively diverse, with 5.41% of residents being immigrants. Educational attainment is noteworthy, with 43.28% of the population holding a college or university degree. However, a significant 53.73% of residents are not in the labor force, which may reflect various factors such as retirement or other personal circumstances. Interestingly, there are no condominiums in the area, indicating a different housing preference or availability. Overall, this demographic snapshot provides insight into the community's composition, economic status, and housing dynamics, making it an important consideration for potential buyers or investors.