$2,875,000
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511 513 St Philippe Street, Alfred And Plantagenet, ON K0B1A0

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- Beds
0 Baths
3 Sq Ft

This exceptional mixed-use investment opportunity in Alfred offers a rare combination of scale, stability, and significant upside potential. Set on approximately 3.7 acres, the property benefits from multiple access points, including direct highway access, providing excellent visibility, accessibility, and operational efficiency. The property includes 30 residential units plus 1 commercial unit, with a portion of the residential dwellings currently owner and family-occupied. This presents immediate upside potential, as full market rental of these units would further enhance overall income performance. There is also additional potential to convert up to 2 more residential units. The main income cluster consists of the former Motel Rouleau, successfully converted into 16 fully rented bachelor-style residential units, along with a shared coin-operated laundromat for tenants. Attached is a two-storey residence offering flexibility, including two kitchens already in place and the option to convert the main level back into a duplex. The basement is currently operating as a nail salon (tenant vacating upon sale), providing an immediate opportunity to convert back into an additional residential unit. Adjacent is another self-contained residential unit. To the west, a separate 10-plex offers all 1-bedroom units, with its own laundromat and dedicated parking. The property also includes a large well-maintained bungalow with an attached garage & another renovated bungalow currently tenant occupied. The basement of this bungalow has been converted into 12 fully rented storage units. With strong in-place tenancy, diversified income across residential, commercial, and storage components, and upside through occupancy optimization and future conversions, this is a rare turnkey portfolio with exceptional income stability and long-term growth potential. (id:58753)

Listing By: Michel Desnoyers - RE/MAX DELTA REALTY cncrea2 Realty.com
  • MLS® X13152198
  • Date Listed05/20/2026
  • Days on Realty 18 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 142,441 sq. ft
  • Property Type Multi Family
  • Water Public
  • Square Feet 3 sq. ft
  • Price Per Sq. Ft $958333.33

Interior Features

  • Cooling Fully air conditioned
  • Heating Baseboard heaters

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 142,441.20
  • Lot Features -

Directions

Cross Streets: HWY 17/ LAROCQUE STREET. ** Directions: FROM HWY 17 EAST TURN RIGHT ON LAROCQUE STREET, ENTRANCE WILL BE BESIDE 39 LAROCQUE.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for K0B1A0

Discover key demographics, population statistics, and environmental insights for the Alfred And Plantagenet, ON area.

Walkability in ON / K0B1A0

Source: Walk Score

54/100

Somewhat Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

41/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 4/100, Transit Score: 0/100, Bike Score: 14/100.

Points of Interest near 511 513 ST PHILIPPE STREET, Alfred and Plantagenet, ON K0B1A0

Frequently Asked Questions for 511 513 ST PHILIPPE STREET

Source: Realty.com

511 513 ST PHILIPPE STREET, Alfred and Plantagenet, ON K0B1A0 in Alfred and Plantagenet, ON K0B1A0 is a multi family listed at $2,875,000. Highlights include 3 sq. ft., $958,333 per sq. ft.. Realty.ca has 50 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 50 photos of 511 513 ST PHILIPPE STREET.

The full address for this home is 511 513 ST PHILIPPE STREET, Alfred and Plantagenet, ON K0B1A0.

511 513 ST PHILIPPE STREET has been listed on Realty.com since Wed May 20, 2026

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 4/100, Transit Score: 0/100, Bike Score: 14/100.

Listing provided courtesy of: RE/MAX DELTA REALTY
Listing agent: Michel Desnoyers

This content last refreshed on 2026-06-07 13:04:33. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.