50 Central Avenue W, Leeds and Grenville

50 Central Avenue W, Leeds and Grenville - photo 2

50 Central Avenue W, Leeds and Grenville - photo 3

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For Sale

$3,500,000

0 bd · 0 ba

50 Central Avenue W, Leeds and Grenville K6V 4N7

MLS®# X14158436

Est. mortgage

$13,278/mo

Property taxes $52,474/yr

About This Home

Property Type

Commercial, Investment

Parking

None

MLS #

X14158436

Listed on

2026-11-03

Lot size

210 x 145.0

Tax

$52,474 /yr

Days on Market

Rare chance to acquire a 24-unit Brockville multifamily asset offering immediate scale, stable in-place cash flow, and exceptional long-term upside at a 5.0% cap rate. The property features minimal landlord utility exposure with 24 hydro meters and 24 water meters, with nearly all tenants paying their own utilities. Major capital work has already been completed, including the 2022 roof, updated boiler system with new controls, backup boiler, and renovated suites with in-suite laundry. The true story here is the remarkable 61.6% gap-to-market rents, creating a clear path to substantial NOI growth and long-term equity appreciation in a strong Brockville location just off Highway 401.

Property Details

Full Property Details

General

Business Type

Total Area

26932.00 Square Feet

Sprinklers

Drive-In Level Shipping Doors

Double Man Shipping Doors

Grade Level Shipping Doors

Truck Level Shipping Doors

Interior

Washrooms

Heating Fuel

Gas Forced Air Closed

Air Conditioning

Exterior

Depth

145.0

Front

210.0

Lot Size

210 x 145.0 ft

Parking Spaces

Total Parking Spaces

Parking Description

None

Garage Spaces

Zoning

Building Description

Home Type

Commercial

Subtype

Investment

Water Supply

Municipal

Possession Date

No Data

Community

Brockville

Taxes & Fees

Taxes

$52,474 /yr

Tax Year

2025

Occupancy

Tenant

Est. mortgage

$13,278/mo

Property taxes $52,474/yr

Mark Barbosa

Century 21 In-Studio Realty Inc., Brokerage

519-808-8774 [email protected]

Listed by Justin Salazar, Salesperson

6 days on site

Listing Broker

EXP REALTY

Courtesy

EXP REALTY

Listed Date

11/3/2026

Courtesy of PropTx MLS® / EXP REALTY

Copyright 2026 All rights reserved. PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Copyright 2026 All rights reserved. Canadian Real Estate Association assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA’s Data Distribution Facility (DDF®). The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA