Attention Investors!! Welcome to 73 and 75 Kenyon Street East in Alexandria, a rare opportunity to acquire two modern 8-unit buildings being sold together as a 16-unit multi-residential package. The buildings are located on two separately described parcels and share a common parking area, allowing them to be managed together efficiently under one ownership. Each building features spacious two-bedroom units with private exterior entrances and individual balconies or terraces, a highly desirable layout that appeals to today's tenants and minimizes common area maintenance. The units are bright, functional, and designed for long-term durability. Each suite is equipped with its own forced air natural gas furnace and electric hot water tank, with tenants paying all utilities and supplying their own appliances, with the exception of the over-the-range microwave, resulting in lower operating costs and reduced long-term maintenance for ownership. Constructed in 2018, these purpose-built buildings offer modern construction, energy efficiency, and low ongoing capital requirements. Located in the growing market of Alexandria, the property benefits from a stable local economy supported by agriculture, manufacturing, healthcare, education, retail, and transportation, with convenient access to surrounding communities. As tenancies turn over, there is potential for future rent increases, making this a compelling modern multi-residential investment with long-term upside.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
34186 sq. ft. Square Feet
Total Area:
34,186 sq. ft.3,176 m2
Lot Depth:
128'11¾"39.3 m
Lot Frontage:
265'7½"81 m
Water supply:
Municipal
Zoning:
R4
Heating type:
Gas Forced Air Closed
Survey Available:
Yes
Garage:
Outside/Surface
Possession Details:
TBD
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$18,149.1 /
2025
Assessment:
$- /
-
Stormont, Dundas and Glengarry
North Glengarry
719 - Alexandria
16 Microwave Hood Fans, HVAC Equipment, Hot Water Tanks in each unit
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