Don't miss out on this 6 plex with an excellent cap rate of 7.85%. The property features 1-3 bdrm unit, 2-2 bdrm units, 1-1 bdrm unit and 2 bachelor apartments. This building is fully rented and very clean. The building is for sale as the present owners are retiring. The property includes 5 fridges and 5 stoves (unit 1 is tenant owned)and a coin operated washer/dryer in the basement. There is a 2.5 car garage that could be converted to storage for extra rental income. The garage shingles were changed end of April, 2025. The property is adjacent to King George park and close to shopping, schools and bus. 48 hours notice for all showings and 48 hours irrevocable on all offers. (id:28469)
Business
Business Type
Residential
Business Sub Type
Apartments
Facts & features
Property
MLS® Number
X12609086
Property Type
Multi-family
Community Name
717 - Cornwall
Amenities Near By
Public Transit
Building
Cooling Type
None
Heating Type
Baseboard Heaters
Size Exterior
2500 Sqft
Size Interior
2,500 Sqft
Type
Multi-family
Utility Water
Municipal Water
Land
Acreage
Yes
Land Amenities
Public Transit
Size Depth
132 Ft
Size Frontage
44 Ft ,7 In
Size Irregular
2500
Size Total
2500 Ac
Size Total Text
2500 Ac
Zoning Description
Res
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.
Location
107 Seventh Street W, Cornwall, Ontario K6J 2Y1 ·
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