6 Bedrooms

4 Bathrooms

3,000 - 3,500 sqft Interior

4 Parking spaces

60 X 100 Ft Lot size

Today Listed

Window Air Conditioner Baseboard Heaters

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About this home

Prime multi unit investment opportunity in a great location in Cornwall! This turn key fourplex features spacious well maintained units including 2 comfortable 2 bedroom layouts along with 2 large 1 bedroom units with strong rental history. Each unit offers functional kitchens, full bathrooms, and generous living spaces that attract quality tenants. Exceptional potential for both seasoned investors and buyers looking to add a steady cash flowing asset to their portfolio. Separately metered utilities, ample tenant parking, and a low maintenance exterior. Situated close to public transit, parks, and downtown amenities. Exceptional tenant retention with room for future rent upside. Dont miss this solid turn-key addition to your real estate portfolio - book a private viewing today! Additionally, two other fourplexes are currently available for purchase! Please refer to MLS numbers X13654788 & X13654796 for full details. (id:28469)

Facts & features

Property

MLS® Number: X13654790
Property Type: Multi-family
Community Name: 717 - Cornwall
Amenities Near By: Park
Community Features: School Bus
Features: Level Lot
Parking Space Total: 4
Structure: Shed

Building

Bathroom Total: 4
Bedrooms Above Ground: 6
Bedrooms Total: 6
Amenities: Separate Electricity Meters, Separate Heating Controls
Appliances: Water Heater, Water Meter, Dryer, Washer
Basement Features: Walk-up
Basement Type: N/a
Cooling Type: Window Air Conditioner
Exterior Finish: Brick
Fire Protection: Smoke Detectors
Foundation Type: Concrete
Heating Fuel: Electric
Heating Type: Baseboard Heaters
Stories Total: 2
Size Interior: 3,000 - 3,500 Sqft
Type: Fourplex
Utility Water: Municipal Water

Parking

No Garage: —

Land

Acreage: No
Land Amenities: Park
Sewer: Sanitary Sewer
Size Depth: 100 Ft
Size Frontage: 60 Ft
Size Irregular: 60 X 100 Ft
Size Total Text: 60 X 100 Ft

Utilities

Cable: Available
Electricity: Installed
Sewer: Installed

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

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.

Cost of ownership

Est. monthly payment: $2,790/mo
Ontario land transfer tax: $9,075 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Cornwall market

228 Active listings

$434,400 Median asking price

45% above median This home

34 days Avg. time on market

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Location

1450 St Michel Avenue, Cornwall, Ontario K6H 3M8 · Get directions

1450 St Michel Avenue