Gurvinder Nokwal REALTOR®
For Sale Multiplex 32 days on market

$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
Map

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

Minimum for this price: $1,140,000 (20%)

Amortization, years

Estimated mortgage payment

$25,238 per month

Principal and interest
$25,238
Property tax
$3,639
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
Total, before legal fees
$1,268,975
Talk to me about financing

Estimates 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

531-535 Mcgill Street, Hawkesbury, ON K6A 1R1 612 - Hawkesbury, Hawkesbury, ON K6A 1R1
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$5,700,000 531-535 Mcgill Street, Hawkesbury, ON K6A 1R1
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