ACTIVE

501 Fifth Street W Cornwall, Ontario K6J 2V7

$799,999
9 Beds 5 Bath 2,500 - 3,000 ft<sup>2</sup> NoneOther
Well-maintained 5-unit multiplex located in the heart of Cornwall, offering great value-add opportunity. This centrally located property is steps to public transit and close to schools, shopping, and everyday amenities-making it highly attractive to students, seniors, and working professionals alike. Significant capital improvements have been completed over the last four years, including roof shingles, most windows, hot water tanks, updated flooring, fresh paint, and other interior upgrades, providing a solid foundation for the next owner. The building features five self-contained units, municipal water and sewer, and on-site parking. With strong rental demand in the area and clear opportunities to increase rents, renovate, and optimize the unit mix, this property offers substantial upside for a savvy investor. Ideal for both seasoned investors and those looking to expand their multi-residential portfolio in a growing Eastern Ontario market. Flexible possession available. A rare opportunity to acquire a well-located asset with immediate and long-term upside potential. (id:28469)
Property Details
MLS® Number
X12755470
Property Type
Multi-family
Community Name
717 - Cornwall
Equipment Type
Water Heater
Parking Space Total
5
Rental Equipment Type
Water Heater
Building
Bathroom Total
5
Bedrooms Above Ground
9
Bedrooms Total
9
Basement Development
Unfinished
Basement Type
N/a (unfinished)
Cooling Type
None
Exterior Finish
Aluminum Siding
Heating Type
Other
Size Interior
2,500 - 3,000 Ft<sup>2</sup>
Type
Other
Utility Water
Municipal Water
Parking
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
51 Ft ,8 In
Size Frontage
50 Ft
Size Irregular
50 X 51.7 Ft
Size Total Text
50 X 51.7 Ft
Neighbourhood
Private Viewing & Info

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Garrett Dagenais
Salesperson

(343) 585-2570

Century 21 Shield Realty Ltd.
703 Cotton Mill St #109
Cornwall, Ontario K6H 0E7

(613) 938-2121
(613) 938-7729