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Key Facts
Key facts for 350 St Philippe Street
Property Type
Apartment, 2-Storey
Parking
None 0 garage, 1 parking
MLS #
X14160442
Size
700-1100 sqft
Basement
Partial Basement
Listed on
2026-11-06
Lot size
88 x 62.55
Tax
$3,560 /yr
Days on Market
1
Approximate Age
-
Maintenance Fee
-
Description
ATTENTION INVESTORS! An exceptional opportunity to own a versatile income-producing mixed-use property in the heart of Alfred! This impressive four-unit building features three residential apartments and one established commercial unit, offering multiple streams of rental income and excellent upside... potential. The residential portion consists of two spacious 2-bedroom apartments and one bachelor unit. Adding to its appeal, one of the 2-bedroom apartments has been completely renovated and is currently vacant, allowing the new owner to set their own rental rate, with an estimated rental potential of approximately $1,300/month plus heat and hydro. The commercial unit is currently occupied by the well-established Milano Pizza, providing an additional source of income and stability.Ideally situated along Highway 17, this property benefits from excellent exposure, convenient access to local amenities, schools, restaurants and everyday services, while offering easy connectivity to both Ottawa and Montreal. With an established commercial tenant secured under a renewed four-year triple-net lease, three residential units and the added opportunity to maximize rental income from the vacant renovated apartment, this property presents an outstanding investment opportunity. Boasting a true potential net capitalization rate of 10.28%, this is an attractive opportunity for investors seeking strong income potential, multiple revenue streams and long-term value in a desirable central location. Don't miss your chance to add this exceptional mixed-use investment property to your portfolio!
Full Property Details
Interior
Bedrooms
2
Total Bedrooms
2
Washrooms
1
Square Footage
700-1100 sqft
Basement
Partial Basement
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
None
Family Room
No
Kitchens
1
Total Kitchens
1
Fireplace Features
No
Bedrooms
2
Total Bedrooms
2
Washrooms
1
Square Footage
700-1100 sqft
Basement
Partial Basement
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
None
Family Room
No
Kitchens
1
Total Kitchens
1
Fireplace Features
No
Exterior
Depth
62.55
Front
87.93
Acreage
< .50
Driveway
Unreserved
Lot Size
88 x 62.55 ft
Pool
None
Waterfront
None
Parking Spaces
1
Total Parking Spaces
1.00
Parking Description
None
Garage Spaces
0
Depth
62.55
Front
87.93
Acreage
< .50
Driveway
Unreserved
Lot Size
88 x 62.55 ft
Pool
None
Waterfront
None
Parking Spaces
1
Total Parking Spaces
1.00
Parking Description
None
Garage Spaces
0
Building Description
Style
2-Storey
Home Type
Apartment
Subtype
Fourplex
Property Orientation
North
Exterior Finish
Aluminum Siding
Sewers
Sewers
Water Supply
Municipal
Possession Date
No Data
Style
2-Storey
Home Type
Apartment
Subtype
Fourplex
Property Orientation
North
Exterior Finish
Aluminum Siding
Sewers
Sewers
Water Supply
Municipal
Possession Date
No Data
Community
Community
Alfred
Community
Alfred
Taxes & Fees
Taxes
$3,560 /yr
Tax Year
2026
Occupancy
Owner
Taxes
$3,560 /yr
Tax Year
2026
Occupancy
Owner
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