280 INDUSTRIAL BOULEVARD, North Glengarry
$1,850,000
Turnkey 5-Unit Investment. Exceptional opportunity to own a fully renovated 5-unit residential building in Alexandria. Converted less than two years ago from office space, this property offers modern design, consistent high-end finishes, and strong rental income. The building features four fully leased units generating $6,900/month, with an additional 2,000 sq ft owner's suite offering excellent potential for added income or owner occupancy. Each unit includes 2 bedrooms, 1.5 bathrooms, in-suite laundry, and energy-efficient heat pumps with A/C. All apartments are finished with granite countertops, quality cabinetry and durable modern flooring throughout. Tenants are on one year leases transitioning to month-to-month, providing both stability and flexibility. All tenants pay their own utilities. Low annual taxes of $6,000 and minimal capital expenditure make this a strong addition to any portfolio with a net income of approximately $90,000.00 per year if owner suite is rented. Located in the growing community of Alexandria, offering steady rental demand, affordability and convenient access to Cornwall, Ottawa, and Montreal. This opportunity is turnkey, low maintenance with strong income potential! (id:25961)
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Details
- Transaction: For sale
- Zoning Description: COMMERCIAL
Building
- Cooling: Fully air conditioned
- Fireplace Present: False
- Heating: Other
- Type: Multi-Family
- Utility Water: Municipal water
Land
This property for sale is located at 280 INDUSTRIAL BOULEVARD in Alexandria. It was last modified on April 24th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Alexandria properties for sale.
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