$1,999,900
Available - For Sale
Listing ID: X11893922
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 | $1,999,900 |
| Taxes: | $8798.82 |
| Tax Type: | Annual |
| 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 |
| Building Percentage: | Y |
| Total Area: | 19730.23 |
| Total Area Code: | Sq Ft |
| Taxes Expense: | $8799 |
| Insurance Expense: | $3692 |
| Management Expense: | 5345 |
| Gross Income/Sales: | $135305 |
| Operating Expenses: | $19375 |
| Net Income Before Debt: | $115930 |
| Year Expenses: | 2024 |
| Expenses Actual/Estimated: | $Act |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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Hossein Vanishoja
Broker, ABR, SRS, P.Eng
Dir:
416-300-8000
Bus:
888-884-0105
Fax:
888-884-0106
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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: | $8,798.82 |
| Maintenance Fee: | $1,539.62 |
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