48-50 Beach Street

About This Property

Turnkey, recently updated, well maintained duplex with lots of charm. Invest with confidence, generating a return from day one! Rent both sides or live in one side with current tenant income as a mortgage helper. This property offers immediate cash flow and strong long-term rental demand. This is a high-return opportunity with a cap rate of at least 7% with both sides rented. Short walking distance to elementary school, high school, shopping mall, library, community centre, golf course, public beach, and the St. Lawrence River. Featuring 2 spacious and bright 3 bedroom, 1 bath units, with lots of windows, high baseboards, generous rooms with great closet spaces, large bathroom, vinyl windows, covered front porch and back deck, metal roof with Leaf Filter gutter guards. 50 Beach Ave. has a 1.5 car garage (25' 7" X 24' 9")and a partly finished basement with a rec room. 48 Beach Ave has an outside storage shed. Gas and Hydro metered separately. 48 Beach Ave is rented for $1691.25/month plus utilities, on a month to month lease, tenant wants to stay. 50 Beach Ave has intentionally been left vacant to give new owner personal options of owner occupancy or renting at a higher rate with garage and rec room as extras. Landlord paid $2441.30 (2025) property tax, $1890.00 (2025) insurance, and new hot water rental in 48 Beach Ave at $20.76/month. Hot water tank in 50 Beach Ave is owned. Approximate annual utilities for 50 Beach Ave: Enbridge Natural Gas $843.00 (2024), Hydro/Water/Sewer, Rideau St. Lawrence $1915.00 (2024). Located in the town of Iroquois, which sits on the St. Lawrence River, just minutes from the 401, centrally located between Brockville, Cornwall, Ottawa and the 416. Minutes to many amenities. 24 hour irrevocable required on offers. NOTE: Showings must not start before 9:00 AM and must be completed by 8:00 PM.