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Investment signal

$1,000,000

2 KING STREET W

Beds

Baths

Sqft

Year

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Opportunity to own a piece of Historical Downtown Brockville. 2 King Street West is a stunning four story corner building with incredible direct views to the St. Lawrence River. Main Floor Commercial Space is the anchor of the property with historical apartments in the three floors above. The building is prime for a complete renovation that would breath life back into this piece of history. A complete set of building renovation/construction drawings are available for a transformation into one or two main floor commercial spaces and 13 One Bedroom Apartment units. All of the preconstruction work has been done, with the drawings being almost permit ready. The location could not be better, walking distance to the river and park, as well as all downtown shops and restaurants. Total building space is almost 13,000 sqft with 3800 sqft of commercial space. Currently has a commercial tenant and second floor dental practice providing some income. (id:65958)

Subtype
Multi-family
Structure
Multi-Family
Community
810 - Brockville
Living area
12,974 square feet
Lot dimensions
62 x 59.95 FT
Parking
2 total
On market
Jan 21, 2026
Status changed
Apr 16, 2026
Annual tax
$25,496
Zoning
C2
Photos
10
MLS#
X12718864
Area
BROCKVILLE

Features and systems

Heating

Radiator

Cooling

None

Lot

Conservation/green belt
Negative cash flow ~$1,946/mo at these assumptions

Cash on cash

-11.68%

Cap rate

3.55%

GRM

16.7

Break-even rent

$7,049

Financing

Down payment$200,000
Loan amount$800,000
Mortgage$4,908/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$458
Insurance$80
Maintenance$833
CapEx reserve$417
Vacancy loss$250

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Brockville. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $4,908/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.

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