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3874 Champlain Road
607 - Clarence/Rockland Twp Clarence-Rockland K0A 1E0

$819,000 /For Sale
Commercial

Main Photo: 3874 Champlain Road in Clarence-Rockland: 607 - Clarence/Rockland Twp Commercial for sale : MLS®# X13050710
Photo 1: 3874 Champlain Road in Clarence-Rockland: 607 - Clarence/Rockland Twp Commercial for sale : MLS®# X13050710
Photo 2: 3874 Champlain Road in Clarence-Rockland: 607 - Clarence/Rockland Twp Commercial for sale : MLS®# X13050710
Photo 3: 3874 Champlain Road in Clarence-Rockland: 607 - Clarence/Rockland Twp Commercial for sale : MLS®# X13050710
Photo 4: 3874 Champlain Road in Clarence-Rockland: 607 - Clarence/Rockland Twp Commercial for sale : MLS®# X13050710
Photo 5: 3874 Champlain Road in Clarence-Rockland: 607 - Clarence/Rockland Twp Commercial for sale : MLS®# X13050710
Photo 6: 3874 Champlain Road in Clarence-Rockland: 607 - Clarence/Rockland Twp Commercial for sale : MLS®# X13050710
Photo 7: 3874 Champlain Road in Clarence-Rockland: 607 - Clarence/Rockland Twp Commercial for sale : MLS®# X13050710
Photo 8: 3874 Champlain Road in Clarence-Rockland: 607 - Clarence/Rockland Twp Commercial for sale : MLS®# X13050710
Photo 9: 3874 Champlain Road in Clarence-Rockland: 607 - Clarence/Rockland Twp Commercial for sale : MLS®# X13050710
Photo 10: 3874 Champlain Road in Clarence-Rockland: 607 - Clarence/Rockland Twp Commercial for sale : MLS®# X13050710
Photo 11: 3874 Champlain Road in Clarence-Rockland: 607 - Clarence/Rockland Twp Commercial for sale : MLS®# X13050710
Photo 12: 3874 Champlain Road in Clarence-Rockland: 607 - Clarence/Rockland Twp Commercial for sale : MLS®# X13050710
Photo 13: 3874 Champlain Road in Clarence-Rockland: 607 - Clarence/Rockland Twp Commercial for sale : MLS®# X13050710
Photo 14: 3874 Champlain Road in Clarence-Rockland: 607 - Clarence/Rockland Twp Commercial for sale : MLS®# X13050710
Photo 15: 3874 Champlain Road in Clarence-Rockland: 607 - Clarence/Rockland Twp Commercial for sale : MLS®# X13050710
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X13050710
Bus Major:
Apts - 6 To 12 Units
Welcome to 3874 Champlain Street. 6.8% CAP! This well-maintained 7-UNIT multi-residential property on 0.648 acres of land offers a strong investment opportunity with stable income and long-term potential and is offered at only $117,000/unit. The building consists of six (6) 2-bedroom units and one (1) 3-bedroom unit, all currently tenanted. Extensive updates have been completed, including a new roof (2023) and siding, updated plumbing and electrical systems, upgraded septic system (2012), and the installation of a new boiler along with tankless hot water systems. The property features a large timber frame foundation and operates on a single hydro meter. Six (6) storage lockers are included for tenant use. This offering presents a solid income-generating asset and is well-suited for investors seeking a turnkey, fully leased multi-unit property. Opportunity exists to increase revenues and further enhance returns through rental optimization!
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
5232 sq. ft. Square Feet
Total Area:
5,232 sq. ft.
Lot Depth:
209'
Lot Frontage:
134'
Lot Shape:
Irregular
Water supply:
Municipal
Zoning:
7.1.3
Heating type:
Gas Forced Air Open
Garage:
None
Parking Spaces:
7
Possession Details:
TBD
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
Annual
Taxes:
$6,605 / 2026
Assessment:
$- / -
Prescott and Russell
Clarence-Rockland
607 - Clarence/Rockland Twp
None
Appliances in unit G
Tenants belongins, appliances in units A, B, C, D, E, F
UFFI:
No
Utilities:
Yes
Green Property Information Statement:
No
Air Conditioning:
Yes
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Financial Statements:
No
Gross income:
$81,552
Net Income Before Debt:
$55,623.4
Expenses Actual/Estimated:
Actual
Heating Expenses:
$2,670
Hydro Expenses:
$6,486.48
Insurance Expenses:
$3,936
Management Expenses:
$0
Tax Expenses:
$6,605
Operating Expenses:
$25,928.6
Other Expenses:
$1,800
Water Expenses:
$2,631.12
Year Expenses:
2025
Maintenace Expenses:
$1,800
Property Management Company:
1000015046 ONTARIO INC.
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Franchise:
No
Chattels:
Yes
LLBO:
No
Outside Storage:
Yes
Date Listed:
Apr 28, 2026
Original Price:
Previous Price:
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Listed by ROYAL LEPAGE INTEGRITY REALTY
Data was last updated April 28, 2026 at 02:15 PM (UTC)
DARYL  KING
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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

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You can find listings across major cities and growing suburbs where rental demand remains strong.