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:28469)
Facts & features
Property
MLS® Number
X13736142
Property Type
Multi-family
Community Name
810 - Brockville
Features
Ravine, Lane
Parking Space Total
18
Structure
Deck
Building
Bathroom Total
8
Bedrooms Above Ground
8
Bedrooms Total
8
Age
0 To 5 Years
Amenities
Fireplace(s), Separate Electricity Meters
Appliances
Garage Door Opener Remote(s)
Architectural Style
Bungalow
Basement Type
None
Cooling Type
Central Air Conditioning
Exterior Finish
Stone, Vinyl Siding
Fireplace Present
Yes
Fireplace Total
4
Foundation Type
Poured Concrete
Heating Fuel
Natural Gas
Heating Type
Heat Pump
Stories Total
1
Size Interior
5,000 - 100,000 Sqft
Type
Other
Utility Water
Municipal Water
Parking
Attached Garage
—
Garage
—
Land
Acreage
No
Landscape Features
Landscaped
Sewer
Sanitary Sewer
Size Depth
270 Ft
Size Frontage
83 Ft
Size Irregular
83 X 270 Ft
Size Total Text
83 X 270 Ft
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$8,811/mo
Ontario land transfer tax
$36,275 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.