423 - 425 Victoria Street E

Cornwall, Ontario K6H 1R7

7 Bedrooms

4 Bathrooms

2,500 - 3,000 sqft Interior

2 Parking spaces

50 X 65 Ft Lot size

2 days ago Listed

None Baseboard Heaters

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About this home

Well maintained four plex on a quiet street. Generating a gross revenue of $44,355.72. All tenants pay their own utilities. Unit 425 (2 bedrooms) pays $1300.00, Unit 425A (2 bedrooms) pays $722.62, Unit 423 ( 1 bed room and a den)pays $922.50 and Unit423A (1 bedroom and a den)pays $751.19. Good cash flow. Property tax $2674.24, water tax $3385.20. There is one rental hot water tank which costs $270.00 a year. Insurance is $2568.54. 24 hours notice is required for showings (id:28469)

Facts & features

Property

MLS® Number: X14167180
Property Type: Multi-family
Community Name: 717 - Cornwall
Equipment Type: Water Heater
Parking Space Total: 2
Rental Equipment Type: Water Heater

Building

Bathroom Total: 4
Bedrooms Above Ground: 7
Bedrooms Total: 7
Basement Development: Unfinished
Basement Type: N/a (unfinished)
Cooling Type: None
Exterior Finish: Vinyl Siding
Foundation Type: Concrete
Heating Fuel: Electric
Heating Type: Baseboard Heaters
Stories Total: 2
Size Interior: 2,500 - 3,000 Sqft
Type: Fourplex
Utility Water: Municipal Water

Parking

No Garage: —

Land

Acreage: No
Sewer: Sanitary Sewer
Size Depth: 65 Ft
Size Frontage: 50 Ft
Size Irregular: 50 X 65 Ft
Size Total Text: 50 X 65 Ft

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: $2,077/mo
Ontario land transfer tax: $5,855 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

232 Active listings

$426,750 Median asking price

10% above median This home

35 days Avg. time on market

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Location

423 - 425 Victoria Street E, Cornwall, Ontario K6H 1R7 · Get directions