283 Main Street N, Alexandria

283 Main Street N, Alexandria, ON K0C1A0 Photo 1

7 Photos

283 Main Street N, Alexandria, ON K0C1A0 Photo 2
283 Main Street N, Alexandria, ON K0C1A0 Photo 3
283 Main Street N, Alexandria, ON K0C1A0 Photo 4
283 Main Street N, Alexandria, ON K0C1A0 Photo 5
283 Main Street N, Alexandria, ON K0C1A0 Photo 6
283 Main Street N, Alexandria, ON K0C1A0 Photo 7
  • MLS®: 1374621
  • Added: 39 days ago

Property Details

A fantastic opportunity to own an 8-Unit building in Alexandria! Close to the train station and many other amenities within walking distance. This brick building features 8 x 2-bedroom units, as well as a common laundry area in the basement. New two story porch installed in 2021, and several other upgrades in the last 3 years. One year old coin-op washer/dryer included. Gross revenue of over $74,485 and a NOI of $51,297! All units except one are well below market rent. Lots of room for upside! All long term tenants. Put 20-25% down and this property will cash flow from positive from day 1. Grow your investment portfolio today and thank yourself tomorrow! (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Heating: Hot water radiator heat, Radiant heat, Natural gas
  • List AOR: Cornwall
  • Stories: 2
  • Tax Year: 2023
  • Year Built: 1900
  • Photos Count: 7
  • Water Source: Municipal water
  • Parcel Number: 671500203
  • Parking Total: 7
  • Common Interest: Freehold
  • Association Name: Self Managed -
  • Street Dir Suffix: North
  • Tax Annual Amount: 4040
  • Exterior Features: Brick
  • Foundation Details: Stone, Poured Concrete
  • Lot Size Dimensions: 58 ft X 120 ft
  • Zoning Description: General Commercial
  • Number Of Units Total: 8
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Nearby Places

Name Type Address Distance
Alexandria railway station (Ontario) It is an intermediate stop for all trains on the V... 0.2 km
Glengarry District High School As a member of Upper Canada District School Board,... 0.2 km
Glengarry Sports Palace Stadium 170 McDonald Blvd 0.6 km
Billy Gebbie Arena The arena is also home for the Alexandria & Distri... 0.6 km
Roman Catholic Diocese of Alexandria-Cornwall The diocese was created by Pope Leo XIII on Januar... 1.1 km
Georgian House 1858 Restaurant 146 Main S 1.3 km
Alexandria Restaurant Pizza Restaurant 127 Main S 1.3 km
AJ's BBQ Steakhouse & Bar Restaurant 68 Anik St 2.0 km
Tim Hortons Cafe 440 Main St S 2.2 km
Alexandria Aerodrome This airport's primary use is glider and skydiving... 2.6 km
North Glengarry, Ontario It is a predominantly rural area located between O... 7.4 km
Glengarry County, Ontario Glengarry County now consists of the modern-day to... 8.7 km
283 Main Street N mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 283 Main Street N. The current price of the property is $769,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $615,920. This would result in a monthly mortgage payment of $3,600 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 15
University / Above bachelor level 10
Certificate of Qualification 20
College 35
University degree at bachelor level or above 25

Neighbourhood Marital Status Stat

Married 160
Widowed 80
Divorced 40
Separated 20
Never married 100
Living common law 45
Married or living common law 205
Not married and not living common law 240

Neighbourhood Construction Date

1961 to 1980 40
1981 to 1990 35
1991 to 2000 55
2001 to 2005 10
2006 to 2010 25
1960 or before 90
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