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$1,199,888

61 PEARL STREET E, Brockville, Ontario, K6V 1P6

MLS® # X13157874

Brockville ON, K6V 1P6

MLS® # X13157874

Property Information:

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. Boiler-2024, forced air gas furnace-2025, roof-2023, hot water heaters-2026 for the most recent HWT. 2 hydro meters, 1 water and 1 gas meter. PLEASE ALLOW 24+ HOURS FOR ALL SHOWINGS, AND BE SURE TO CHECK OUT THE 3D UNDER MEDIA IN REALTOR.CA (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Stone, Aluminum siding, Concrete Block
  • Floor Space: 0 - 699 sqft
  • Foundation Type: Stone
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Dryer, Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 10
  • Bathrooms: 7
  • Floor Space (approx): 0 - 699 Square Feet
  • Irregular: Yes
  • Lot Depth: 120 Feet
  • Lot Frontage: 60 Feet
  • Lot Size: 60 x 120 FT
  • Structure Type: Deck, Patio(s)
  • Zoning: R4
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 14

Courtesy of: RE/MAX HOMETOWN REALTY INC

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 61 PEARL STREET E, Brockville, Ontario, K6V 1P6

Demographic Information of 61 PEARL STREET E, Brockville, Ontario, K6V 1P6

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$94,357.95

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.4 %

High school certificate or equivalent

33.4 %

Apprenticeship trade certificate/diploma

3.9 %

College/non-university certificate

27.82 %

University certificate (below bachelor)

0.05 %

University Degree

16.42 %

Commuter

Travel To Work

By Car

87.26 %

By Public Transit

0.0 %

By Walking

9.06 %

By Bicycle

0.0 %

By Other Methods

3.68 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

32.42 %

Houses

67.58 %

Own Vs. Rent