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73 & 75 Kenyon St Multifamily 2 Multifamily Properties Offered at $2,716,014 in Alexandria, ON
Investment Highlights
- These buildings can be purchased together as a package deal or separately, offering flexibility for investors.
- As units are "turned around" when tenants move out, there’s a chance to increase rents and maximize returns.
- These buildings offer a solid investment opportunity.
Executive Summary
These two modern 8-unit buildings, constructed in 2018, each have separate titles but share a convenient parking lot. The properties offer large, spacious, and bright 2-bedroom units, each with a private entrance and a balcony or terrace—perfect for enjoying outdoor living. Located in the heart of Alexandria, residents enjoy a strong sense of community, local amenities like shopping, dining, schools, and easy access to nearby cities like Cornwall and Ottawa.
Taxes & Operating Expenses (Actual - 2025) |
Annual (USD) |
|---|---|
| Gross Rental Income |
$186,345
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$186,345
|
| Taxes |
$13,144
|
| Operating Expenses |
$24,838
|
| Total Expenses |
$37,982
|
| Net Operating Income |
$148,362
|
Taxes & Operating Expenses (Actual - 2025)
| Gross Rental Income (USD) | |
|---|---|
| Annual | $186,345 |
| Other Income (USD) | |
|---|---|
| Annual | - |
| Vacancy Loss (USD) | |
|---|---|
| Annual | - |
| Effective Gross Income (USD) | |
|---|---|
| Annual | $186,345 |
| Taxes (USD) | |
|---|---|
| Annual | $13,144 |
| Operating Expenses (USD) | |
|---|---|
| Annual | $24,838 |
| Total Expenses (USD) | |
|---|---|
| Annual | $37,982 |
| Net Operating Income (USD) | |
|---|---|
| Annual | $148,362 |
Property Facts
| Price | $2,716,014 USD | Number of Properties | 2 |
| Price / SF | $169.75 USD / SF | Individually For Sale | 0 |
| Cap Rate | 5.46% | Total Building Size | 16,000 SF |
| Sale Type | Investment | Total Land Area | 0.76 AC |
| Status | Active |
| Price | $2,716,014 USD |
| Price / SF | $169.75 USD / SF |
| Cap Rate | 5.46% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 16,000 SF |
| Total Land Area | 0.76 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 75 Kenyon St E, Alexandria, ON K0C 1A0 | Multifamily | 8,000 SF | 2018 | - |
| 73 Kenyon St E, Alexandria, ON K0C 1A0 | Multifamily | 8,000 SF | 2018 | - |
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73 & 75 Kenyon St Multifamily
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