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73 & 75 Kenyon St Multifamily 2 Multifamily Properties Offered at $2,734,432 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 |
$187,608
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$187,608
|
| Taxes |
$13,233
|
| Operating Expenses |
$25,007
|
| Total Expenses |
$38,240
|
| Net Operating Income |
$149,369
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025)
| Gross Rental Income (USD) | |
|---|---|
| Annual | $187,608 |
| Other Income (USD) | |
|---|---|
| Annual | - |
| Vacancy Loss (USD) | |
|---|---|
| Annual | - |
| Effective Gross Income (USD) | |
|---|---|
| Annual | $187,608 |
| Taxes (USD) | |
|---|---|
| Annual | $13,233 |
| Operating Expenses (USD) | |
|---|---|
| Annual | $25,007 |
| Total Expenses (USD) | |
|---|---|
| Annual | $38,240 |
| Net Operating Income (USD) | |
|---|---|
| Annual | $149,369 |
PROPERTY FACTS
| Price | $2,734,432 USD | Number of Properties | 2 |
| Price / SF | $170.90 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 | $2,734,432 USD |
| Price / SF | $170.90 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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