531-535 Mcgill Street

FOR SALE
$6,450,000
531-535 Mcgill Street, Hawkesbury
531-535 Mcgill Street
531-535 Mcgill Street
531-535 Mcgill Street
531-535 Mcgill Street
531-535 Mcgill Street
531-535 Mcgill Street
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
7
ROOMS
X13426186
MLSID
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Property Description
Outstanding Multi-Family Investment Opportunity - 531-533-535 McGill Street, Hawkesbury. Rare opportunity to acquire a purpose-built multi-residential investment property consisting of three modern buildings constructed in 2022. The development features a total of 18 residential units, with each building containing six spacious 2-bedroom, 1-bathroom apartments designed for comfortable, low-maintenance living. Situated on approximately 0.83 acres in a desirable residential area of Hawkesbury, this turnkey investment offers the attractive combination of modern construction, strong tenant appeal, and reduced ownership responsibilities. Each unit is equipped with in-suite laundry and features separately metered hydro, with tenants responsible for their own electricity consumption and appliances, helping to minimize operating expenses and improve long-term investment performance. Built with today's renters in mind, the well-designed units offer functional layouts, modern finishes, and the convenience of private laundry facilities. The property's newer construction means investors can benefit from reduced capital expenditure requirements compared to older apartment buildings, while enjoying the stability and demand associated with quality rental housing. The property is zoned R4 and occupies a substantial lot with private parking and excellent access to schools, shopping, healthcare services, recreation facilities, and major transportation routes. Hawkesbury continues to experience strong demand for quality rental accommodations, making this an attractive opportunity for investors seeking dependable income and long-term appreciation potential. Whether expanding an existing portfolio or acquiring a flagship multi-family asset, this property offers scale, efficiency, and modern construction in one of Eastern Ontario's growing rental markets.
Property Features
Carpet Free, Separate Heating Controls, Separate Hydro Meter
Property Details
Address
531-535 Mcgill Street
Postal Code
K6A 0G9
Property Type
Multiplex, Multiplex
Zoning
R4
Lot Size
118' x 225'
Taxes
$43,663 (2025
Basement
Finished, Full
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
33
Garage Type
None
Listing contracted with Low's Realty Inc.
801 Spence Avenue, Hawkesbury
1
BEDS
1
BATHS
$5,900,000
FOR SALE
Excellent investment opportunity in the Town of Hawkesbury! This 45-unit multiplex is ideally located close to the Hawkesbury & District General Hospital, newly built Prescott Russell Longterm Care, shopping, services, restaurants, and everyday amenities. Built in 1983 and situated on approximately 1.43 acres, the property features 45 one-bedroom units (all tenants are provided through the United Counties of Prescott and Russell- subsidized rent), with no current vacancies, municipal water and sewer, electric baseboard heating, and ample on-site parking. A rare large-scale residential income property in a convenient in-town location with strong rental demand and easy access to local services. A solid addition to any real estate portfolio.
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