This great twelve-unit apartment building is a standout opportunity in Cornwall's competitive rental market, where quality units lease almost immediately due to strong demand and limited supply. Perfectly positioned in prime North Cornwall, it's just minutes from FreshCo for everyday shopping, excellent schools, beautiful parks, and the popular Cornwall Aquatic Centre featuring a competition pool, leisure pool, two-story waterslide, and whirlpool. Tenants enjoy modern finishes, a peaceful family-friendly neighbourhood, and unbeatable convenience to everything they need. Sitting on over an acre with excellent long-term growth potential, this turnkey multifamily asset offers reliable cash flow and real upside in one of Eastern Ontario's most promising communities. (id:28469)
Facts & features
Property
MLS® Number
X13046302
Property Type
Multi-family
Community Name
717 - Cornwall
Parking Space Total
20
Building
Bathroom Total
17
Bedrooms Above Ground
23
Bedrooms Total
23
Amenities
Separate Electricity Meters
Appliances
Two Stoves, Two Refrigerators
Basement Type
None
Cooling Type
None, Air Exchanger
Exterior Finish
Brick
Half Bath Total
17
Heating Fuel
Electric
Heating Type
Baseboard Heaters
Stories Total
2
Size Interior
5,000 - 100,000 Sqft
Type
Other
Utility Water
Municipal Water
Parking
No Garage
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
352 Ft
Size Frontage
143 Ft
Size Irregular
143 X 352 Ft
Size Total Text
143 X 352 Ft
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$14,169/mo
Ontario land transfer tax
$66,475 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.