1115 Millwood Avenue, Brockville, ON
Property Highlights
Welcome to this remarkable Bungalow multiplex located in the coveted neighborhood of 810 - Brockville. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,990,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 8 Bedrooms and 8 Bathrooms with 4 functional kitchens
- Generous living space spanning 5000 + sqft on a premium 83.03 x 270 ft lot
- 18.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, Primary Bedroom - Main Floor, Separate Hydro Meter
- equipped with central air central cooling and highly efficient heat pump heating via gas
Description
Finally a plug and play, hassle free real estate investment. 1115 Millwood, Brockville is a 3 year old, high-end 4 unit townhouse rental development, with a beautiful Creekside setting, yet walkable to 1000 Islands Mall. All tenants are senior and have all been lifelong home owners, who were looking for a maintenance free rental lifestyle. Rents range from $3,250-$3,500 with an approximate net income before debt servicing of $120k/yr. If you are looking for a relatively hassle free real estate investment, this could be your spot. Interior photos shown are of an interior unit.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Ravine
Interior Features
Auto Garage Door Remote, Primary Bedroom - Main Floor, Separate Hydro Meter, Storage
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Community Features
Location
Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1115 Millwood Avenue, Brockville, ON K6V 0E6
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Brockville, ON
For a property listed at $1,990,000 in Brockville, the legal minimum down payment is $398,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $36,275 for this transaction. As this listing is in Brockville (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $36,275.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.