87-93 KING STREET W, Brockville87-93 KING STREET W, Brockville — photo 287-93 KING STREET W, Brockville — photo 387-93 KING STREET W, Brockville — photo 487-93 KING STREET W, Brockville — photo 587-93 KING STREET W, Brockville — photo 687-93 KING STREET W, Brockville — photo 787-93 KING STREET W, Brockville — photo 8
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Business For Sale · Multifamily

87-93 KING STREET W, Brockville

87-93 KING STREET W, Brockville, ON K6V3R1

$2.7M total

10,000 SF

Asset Class

Multifamily

Size

10,000 SF

Building class

C

Zoning

RA8 — Medium Rise

$ / SF

$270

Occupancy

85%

About this property

Attention all investors! Downtown Brockville mixed-use gem with river views. This well-maintained, income-producing property features 12 residential apartments and 2 street-level commercial units in a prime, high-visibility location steps from the waterfront, parks, and King Street amenities. A number of the apartments have been renovated with new flooring, kitchens, baths and LED lighting. Laundry is available on site. This is a rare opportunity to acquire a centrally located, mixed-use asset in Brockville's vibrant core - just steps to the water with scenic river views and enduring tenant appeal. Ideal for investors seeking stable cash flow, this property offers significant upside. Please allow 48 hours irrevocable on all offers. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.70M
Down payment30% · $810K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$12K

Projected NOI

$88K

Annual cash flow

$-62K

Cash-on-cash

-7.64%

DSCR

0.59

Going-in cap

3.25%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Blue Harbour Design4,316 SF2030-11
Blue Harbour Design2,108 SF2030-11
Blue Harbour Design1,045 SF2031-11
Blue Harbour Design991 SF2030-11

Area demographics

Trade area within 3 miles of the property.

Population

70,270

Households

25,524

Median income

$105,500

Median age

33

Daytime population

65,376

5-yr growth

1.3%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 87-93 KING STREET W, Brockville.

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.