225 Louisa Street
About this home
Rare opportunity to acquire a fully tenanted 6-unit income property offering strong cash flow and excellent long-term investment potential. Featuring a desirable mix of spacious 1, 2, and 3-bedroom units, this property provides broad tenant appeal and reliable rental stability. The building currently generates $75,519.12 in gross annual rental income, with annual operating expenses of $21,282, resulting in an estimated Net Operating Income (NOI) of $54,237.12. Several units offer all-inclusive living, contributing to strong tenant retention and consistent occupancy. Conveniently located close to St. Lawrence College, public transit, shopping, and other amenities, this income-producing property presents an excellent opportunity for investors seeking stable returns, consistent income performance, and future growth potential. Minimum 24-hour notice required for all showings. Please allow 48-hour irrevocable on all offers. (id:28469)
Facts & features
Property
- MLS® Number
- X13192728
- Property Type
- Multi-family
- Community Name
- 717 - Cornwall
- Parking Space Total
- 4
Building
- Bathroom Total
- 6
- Bedrooms Above Ground
- 11
- Bedrooms Total
- 11
- Basement Development
- Partially Finished
- Basement Type
- Full (partially Finished)
- Cooling Type
- None
- Exterior Finish
- Wood
- Foundation Type
- Concrete
- Heating Fuel
- Electric, Natural Gas
- Heating Type
- Baseboard Heaters, Forced Air
- Stories Total
- 2
- Size Interior
- 3,500 - 5,000 Sqft
- Type
- Other
- Utility Water
- Municipal Water
Parking
- No Garage
- —
Land
- Acreage
- No
- Sewer
- Sanitary Sewer
- Size Depth
- 90 Ft
- Size Frontage
- 50 Ft
- Size Irregular
- 50 X 90 Ft
- Size Total Text
- 50 X 90 Ft
Monthly payment estimate
- 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
225 Louisa Street, Cornwall, Ontario K6H 4P9 · Get directions
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June 23 2026 04:10:20
Cornwall & District Real Estate Board
RE/MAX Affiliates Marquis Ltd.