Well maintained duplex with upper level unit VACANT! Projected market value rent approx $1,500 per month + utilities, creating a huge opportunity for increased NOI! This property offers two self contained 2 bedroom units, with 2 hydro metres and 2 gas metres, making this an ideal addition to any investment portfolio. Located steps from the St. Lawrence River, scenic bike paths and walking trails, and adjacent to the Cotton Mill condo district, known for its vibrant amenities and waterfront lifestyle. Conveniently close to St. Lawrence College, public transit routes, and everyday conveniences. A rare opportunity to own a stable, income-producing property in a growing area. Reach out now for financial information. (id:28469)
Facts & features
Property
MLS® Number
X13596024
Property Type
Multi-family
Community Name
717 - Cornwall
Parking Space Total
2
Building
Bathroom Total
2
Bedrooms Above Ground
4
Bedrooms Total
4
Basement Development
Unfinished
Basement Features
Separate Entrance
Basement Type
N/a (unfinished), N/a
Cooling Type
None
Exterior Finish
Vinyl Siding
Foundation Type
Concrete
Heating Fuel
Natural Gas
Heating Type
Baseboard Heaters
Stories Total
2
Size Interior
1,500 - 2,000 Sqft
Type
Duplex
Utility Water
Municipal Water
Parking
No Garage
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
54 Ft
Size Frontage
45 Ft
Size Irregular
45 X 54 Ft
Size Total Text
45 X 54 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
$1,107/mo
Ontario land transfer tax
$2,225 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $2,225 back on land transfer tax.