$3,750,000
73 & 75 KENYON STREET E
Beds
—
Baths
—
Sqft
34,186
Year
—
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for North Glengarry. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Attention Investors!! Welcome to 73 and 75 Kenyon Street East in Alexandria, a rare opportunity to acquire two modern 8-unit buildings being sold together as a 16-unit multi-residential package. The buildings are located on two separately described parcels and share a common parking area, allowing them to be managed together efficiently under one ownership. Each building features spacious two-bedroom units with private exterior entrances and individual balconies or terraces, a highly desirable layout that appeals to today's tenants and minimizes common area maintenance. The units are bright, functional, and designed for long-term durability. Each suite is equipped with its own forced air natural gas furnace and electric hot water tank, with tenants paying all utilities and supplying their own appliances, with the exception of the over-the-range microwave, resulting in lower operating costs and reduced long-term maintenance for ownership. Constructed in 2018, these purpose-built buildings offer modern construction, energy efficiency, and low ongoing capital requirements. Located in the growing market of Alexandria, the property benefits from a stable local economy supported by agriculture, manufacturing, healthcare, education, retail, and transportation, with convenient access to surrounding communities. As tenancies turn over, there is potential for future rent increases, making this a compelling modern multi-residential investment with long-term upside. (id:65958)
- Subtype
- Multi-family
- Structure
- Multi-Family
- Community
- 719 - Alexandria
- Living area
- 34,186 square feet
- Lot dimensions
- Bldg=265.62 x 128.98 FT
- On market
- Jan 13, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $18,149.1
- Zoning
- R4
- Photos
- 19
- MLS#
- X12693134
- Area
- NORTH_GLENGARRY
Features and systems
Appliances
Heating
Cooling
Cash on cash
-6.20%
Cap rate
3.62%
GRM
16.7
Break-even rent
$22,828
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.