For Sale Multi-Family

61 Pearl Street E

$1,199,888 Est. $5,313/mo ↓

Brockville, Ontario K6V 1P6

60 X 120 Ft Lot size
32 days ago Listed
Virtual tour None Hot Water Radiator Heat

About this home

CHECK OUT THE 3D UNDER MEDIA IN REALTOR.CA,,,,,Now is the time to take that step into the investment world with this income-generating 6-plex, complete with a separate house on the property. The house offers a great opportunity to live on-site while collecting rent from the six units. If the house becomes vacant, it also has strong potential as a short-term rental, adding another stream of income. The charming house features a fenced yard with plenty of room to create your own outdoor oasis. There's real potential here, whether for personal use or added rental appeal. The 6-plex offers a solid mix of unit types, including two-bedroom, one-bedroom, and one-bedroom-plus-den layouts, making it attractive to a wide range of tenants. Location is a standout. With a park across the street and the hospital, schools, shopping, waterfront, and public transit all within walking distance, this is a highly desirable area for both living and renting. Each unit includes one parking space, a valuable feature for tenants. Major updates have already been completed, including the roof and gas hot water boiler in recent years. A strong investment opportunity in a location that continues to draw quality tenants, with added flexibility and future income potential. $122,717.52- $32,972.74 = $89,744.78 divided by 12 = $7478.75 per month. UPDATES-Boiler - 2024, Forced air gas furnace: 2025, Roof - 2023, hot water heaters-2026 for the most recent HWT. There are 2 hydro meters, 1 gas and water meter. PLEASE ALLOW 24+ HOURS FOR ALL SHOWINGS. (id:28469)

Business

Business Type Residential
Business Sub Type Apartments

Facts & features

Property

MLS® Number
X13157882
Property Type
Multi-family
Community Name
810 - Brockville
Amenities Near By
Public Transit

Building

Appliances
Dryer, Water Heater, Two Washers
Cooling Type
None
Heating Fuel
Natural Gas
Heating Type
Hot Water Radiator Heat
Type
Multi-family
Utility Water
Municipal Water

Land

Acreage
No
Land Amenities
Public Transit
Size Depth
120 Ft
Size Frontage
60 Ft
Size Irregular
60 X 120 Ft
Size Total Text
60 X 120 Ft
Zoning Description
R4

The Brockville market

184 Active listings
$543,800 Median asking price
121% above median This home
37 days Avg. time on market
Browse all Brockville listings →

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

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
$5,313/mo
Ontario land transfer tax
$20,473 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

Location

61 Pearl Street E, Brockville, Ontario K6V 1P6  ·  Get directions

Want first look at new Brockville homes in this price range?

Create a free account