TWO HOMES, ONE PROPERTY! An incredible opportunity for families looking to enter the market with affordable living expenses or investors seeking income potential with a projected cap rate of approximately 13%! Both homes are vacant, offering immediate flexibility. The beautifully renovated main home features 3 bedrooms, a 4-piece bathroom and extensive upgrades (2026) including new drywall, flooring, plumbing, electrical, furnace, hot water tank, kitchen and bathroom. Move-in ready with major updates completed for peace of mind! A separate 2-bedroom dwelling at the rear offers additional rental potential with some improvements, and estimated income of approximately $1,400/month to help offset living expenses. Live in one and rent the other, or explore the investment potential of both! Conveniently located close to the college, public transit, shopping and amenities. An affordable opportunity to build equity while generating income! Reach out now for a detailed expense breakdown. (id:28469)
Facts & features
Property
MLS® Number
X14146062
Property Type
Single Family
Community Name
717 - Cornwall
Parking Space Total
4
Building
Exterior Finish
Vinyl Siding
Foundation Type
Concrete
Stories Total
2
Size Interior
1,500 - 2,000 Sqft
Type
Other
Parking
No Garage
—
Land
Acreage
No
Size Depth
90 Ft
Size Frontage
50 Ft
Size Irregular
50 X 90 Ft
Size Total Text
50 X 90 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
$1,328/mo
Ontario land transfer tax
$2,974 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $2,974 back on land transfer tax.