$5,700,000
↓ $250,000 from $5,950,000
Est. payment $25,238/moCalculate yours
531-535 Mcgill Street, Hawkesbury, ON K6A 1R1
612 - Hawkesbury, Hawkesbury, ON K6A 1R1
- 2 Beds
- 1 Baths
- 5,000 Sq Ft
Listing courtesy of LOW'S REALTY INC. MLS® X13790144
About this home
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 details
Overview
- Property Type
- Multiplex
- Style
- 3-Storey
- For
- For Sale
- Status
- Price Change
- Size
- 5,000 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- Finished, Full
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- Wall Unit(s)
- Exterior
- Stone, Other
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 118.21 x 224.64 Feet
- Parking
- None garage · 33 total
- Zoning
- R4
Financial
- Property Taxes
- $43,664 (2026)
Location
- Neighbourhood
- 612 - Hawkesbury
- Cross Street
- McGill Street and Bon Pasteur Street
- Direction Faces
- East
Listing
- MLS® Number
- X13790144
- Days on Market
- 32
- Listed On
- 2026-09-16
- Possession
- TBA
- Listed By
- LOW'S REALTY INC.
Features
Interior
- Carpet Free
- Separate Heating Controls
- Separate Hydro Meter
Pool
- None
- Excluded
- all of tenants personal belongings;
Mortgage calculator
Estimated mortgage payment
$25,238 per month
- Principal and interest
- $25,238
- Property tax
- $3,639
- Condo fees
- $0
- Estimated monthly cost
- $28,877
Your mortgage
- Mortgage amount
- $4,560,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $3,011,510
Cash to close
- Down payment
- $1,140,000
- Land transfer tax
- $128,975
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $1,268,975
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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