Welcome to 225-225A 8th St W. This Duplex offering immediate rental income in a desirable central Cornwall neighbourhood. The property is fully tenanted .This well-laid-out up/down duplex features two self-contained units. The upper unit includes 3 Bedroom, kitchen, a comfortable living area, and a 4-piece bathroom. The lower unit offers 3 Bedrooms, kitchen, living room, and 4-piece bath plus access to the half basement.Tenants pay own utilities. Long term tenants(main floor ,over 15 years)Main floor Tenants and upstairs. Good neighbourhood, walking distance to Center Town, St.Lawrence park, St Lawrence River, just a few blocks from public transit, grocery stores, banking, restaurants, and a pharmacy, this property delivers everyday convenience. This Duplex presents an excellent opportunity to grow your real estate. Both units have their own washer dryer hookups as well as separated utilities.Main floor has access to the garage ,first floor has access to the shed..Each unit is separately equipped with its own heating source, providing efficiency and ease of management. (id:28469)
Facts & features
Property
MLS® Number
X13751200
Property Type
Multi-family
Community Name
717 - Cornwall
Equipment Type
Propane Tank
Parking Space Total
1
Rental Equipment Type
Propane Tank
Building
Bathroom Total
2
Bedrooms Above Ground
6
Bedrooms Total
6
Basement Development
Partially Finished
Basement Type
N/a (partially Finished)
Cooling Type
None
Exterior Finish
Stone
Foundation Type
Concrete
Heating Fuel
Electric, Propane
Heating Type
Baseboard Heaters, Forced Air
Stories Total
2
Size Interior
2,000 - 2,500 Sqft
Type
Duplex
Utility Water
Municipal Water
Parking
Detached Garage
—
Garage
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
120 Ft
Size Frontage
48 Ft
Size Irregular
48 X 120 Ft
Size Total Text
48 X 120 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
$1,594/mo
Ontario land transfer tax
$3,874 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $3,874 back on land transfer tax.