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73 & 75 Kenyon Street E
719 - Alexandria North Glengarry K0C 1A0

$3,750,000 /For Sale
Commercial

Main Photo: 73 & 75 Kenyon Street E in North Glengarry: 719 - Alexandria Commercial for sale : MLS®# X12693134
Photo 1: 73 & 75 Kenyon Street E in North Glengarry: 719 - Alexandria Commercial for sale : MLS®# X12693134
Photo 2: 73 & 75 Kenyon Street E in North Glengarry: 719 - Alexandria Commercial for sale : MLS®# X12693134
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Photo 19: 73 & 75 Kenyon Street E in North Glengarry: 719 - Alexandria Commercial for sale : MLS®# X12693134
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12693134
Bus Major:
Apts - 13 To 20 Units
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.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
34186 sq. ft. Square Feet
Total Area:
34,186 sq. ft.
Lot Depth:
128'11¾"
Lot Frontage:
265'7½"
Water supply:
Municipal
Zoning:
R4
Heating type:
Gas Forced Air Closed
Survey Available:
Yes
Garage:
Outside/Surface
Possession Details:
TBD
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$18,149.1 / 2025
Assessment:
$- / -
Stormont, Dundas and Glengarry
North Glengarry
719 - Alexandria
16 Microwave Hood Fans, HVAC Equipment, Hot Water Tanks in each unit
Tenants Belongings
None
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Net Income Before Debt:
$204,844.61
Expenses Actual/Estimated:
Actual
Insurance Expenses:
$10,062.36
Management Expenses:
$11,287.27
Tax Expenses:
$18,149.1
Operating Expenses:
$52,442.47
Other Expenses:
$4,943.74
Year Expenses:
2025
Maintenace Expenses:
$8,000
Property Management Company:
A+
Major Business Type:
Apts - 13 To 20 Units
Category:
Apartment
Outside Storage:
No
Date Listed:
Jan 13, 2026
Original Price:
Previous Price:
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Listed by EXP REALTY
Data was last updated January 14, 2026 at 12:15 AM (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.