For Sale Multi-Family

1236-1242 Notre Dame Street

$495,000
Cornwall, Ontario K6J 4Y6 MLS® X13053028
8 Bedrooms
4 Bathrooms
2,500 - 3,000 sqft Interior
4 Parking spaces
55 X 93.7 Ft Lot size
Window Air Conditioner Baseboard Heaters, Forced Air, Other

About this home

FULLY LEASED FOUR PLEX in a great north end location close to shopping, a beautiful local municipal park, and public transit. This 4-plex produces an actual gross rental of $50,100 annually based on the actual income statement provided by the seller with rents that are below the current market and "the Owner is willing to enter into a Hybrid VTB arrangement with qualified buyers/see LB for details and.terms to be discussed".. Before any offer is made the owner has arranged with appropriate tenant notice to show one of the 1 bedroom units located in the back of the building, and one of the 2 bedroom units at the front to allow prospective buyers to inspect the general condition of the building before proceeding further with evaluating this investment property. Please note the tenants own their own appliances and there is washer/dryer hook ups in all 4 units. Seller instructions (form 244) requires the legal RTA notice to tenants as a requirement for all showings, and in addition the seller requires the seller property information statement signed by the buyer & submitted with any offer(s) plus 2 full business days irrevocable to review any/all offer(s). (id:28469)

Facts & features

Property

MLS® Number
X13053028
Property Type
Multi-family
Community Name
717 - Cornwall
Parking Space Total
4

Building

Bathroom Total
4
Bedrooms Above Ground
8
Bedrooms Total
8
Basement Development
Unfinished
Basement Type
N/a (unfinished)
Cooling Type
Window Air Conditioner
Exterior Finish
Vinyl Siding
Foundation Type
Concrete
Heating Fuel
Electric, Natural Gas
Heating Type
Baseboard Heaters, Forced Air, Other
Stories Total
2
Size Interior
2,500 - 3,000 Sqft
Type
Fourplex
Utility Water
Municipal Water

Parking

No Garage

Land

Acreage
No
Sewer
Sanitary Sewer
Size Depth
93 Ft ,8 In
Size Frontage
55 Ft
Size Irregular
55 X 93.7 Ft
Size Total Text
55 X 93.7 Ft
Zoning Description
Residential

Utilities

Cable
Available
Electricity
Installed
Sewer
Installed

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Location

1236-1242 Notre Dame Street, Cornwall, Ontario K6J 4Y6  ·  Get directions