61 Pearl Street, Brockville, ON
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of 810 - Brockville. Expertly crafted featuring premium stone and concrete block construction, this residence presents an exceptional opportunity offered at $1,249,000 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.
- 10 Bedrooms and 7 Bathrooms with 7 functional kitchens
- Generous living space spanning < 700 sqft on a premium 60 x 120 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 14.0 total parking spaces available
- Notable attributes: None
- Efficient radiant heating via gas
Description
Now is the time to take that step into the investment world with this income-generating 6-plex, complete with a separate house on the property. The house offers a great opportunity to live on-site while collecting rent from the six units. If the house becomes vacant, it also has strong potential as a short-term rental, adding another stream of income. The charming house features a fenced yard with plenty of room to create your own outdoor oasis. There's real potential here, whether for personal use or added rental appeal. The 6-plex offers a solid mix of unit types, including two-bedroom, one-bedroom, and one-bedroom-plus-den layouts, making it attractive to a wide range of tenants. Location is a standout. With a park across the street and the hospital, schools, shopping, waterfront, and public transit all within walking distance, this is a highly desirable area for both living and renting. Each unit includes one parking space, a valuable feature for tenants. Major updates have already been completed, including the roof and gas hot water boiler in recent years. A strong investment opportunity in a location that continues to draw quality tenants, with added flexibility and future income potential. $122,717.52- $32,972.74 = $89,744.78 divided by 12 = $7478.75 per month. Boiler-2024, forced air gas furnace-2025, roof-2023, hot water heaters-2026 for the most recent HWT. 2 hydro meters, 1 water and 1 gas meter. PLEASE ALLOW 24+ HOURS FOR ALL SHOWINGS, AND BE SURE TO CHECK OUT THE 3D UNDER MEDIA IN REALTOR.CA
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Pricing & Value Insights
Data-driven valuation for 61 Pearl Street E, Brockville, ON K6V 1P6
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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 $1,249,000 in Brockville, the legal minimum down payment is $249,800 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 $21,455 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 $21,455.
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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.