531-535 McGill Street, Hawkesbury, ON

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.