$2,150,000
Available - For Sale
Listing ID: X9516584
75 KENYON St East , North Glengarry, K0C 1A0, Ontario
| Welcome to 75 Kenyon Street East in Alexandria. Modern 8-unit building featuring spacious 2-bedroom units, each boasting its own exterior entrance & the added convenience of a private balcony/terrace. Situated in the charming town of Alexandria, residents enjoy a convenient location & a strong sense of community. Alexandria's advantageous location provides easy access to neighboring cities & a thriving local job market with opportunities in agriculture, manufacturing, healthcare, retail, education, & transportation sectors. Each unit is equipped with a forced air gas furnace and electric hot water tank, with tenants paying their own utility costs. Investors will appreciate the potential for rental income & value appreciation in Alexandria. Constructed in 2018, these buildings offer modern features, durability, & energy efficiency. As the rental market evolves, there is an opportunity to adjust rents and maximize returns. Don't miss out on the chance to be part of Alexandria's growth. |
| Price | $2,150,000 |
| Taxes: | $8799.00 |
| Occupancy by: | Tenant |
| Address: | 75 KENYON St East , North Glengarry, K0C 1A0, Ontario |
| Postal Code: | K0C 1A0 |
| Province/State: | Ontario |
| Legal Description: | PART LOT 37 CON 2 LOCHIEL PARTS 2,3,4,5 |
| Lot Size: | 153.27 x 128.98 (Feet) |
| Directions/Cross Streets: | Once in Alexandria and on Main Street take Kenyon Street East. Property is on the left. |
| Category: | Apartment |
| Insurance Expense: | $3692 |
| Water Expense: | $0 |
| Gross Income/Sales: | $135305 |
| Operating Expenses: | $19375 |
| Net Income Before Debt: | $115930 |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Sewers: | Sewers |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
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Sherin M Justin, CPA CGA
Sales Representative
Dir:
647-231-8657
Bus:
905-239-9222
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At a Glance:
| Type: | Com - Investment |
| Area: | Stormont, Dundas and Glengarry |
| Municipality: | North Glengarry |
| Neighbourhood: | 719 - Alexandria |
| Lot Size: | 153.27 x 128.98(Feet) |
| Tax: | $8,799 |
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