4 Bedrooms

2 Bathrooms

1,100 - 1,500 sqft Interior

4 Parking spaces

89 X 44 Ft Lot size

2 days ago Listed

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About this home

RENOVATED DOWNTOWN DUPLEX. Both units are vacant - an ideal opportunity for an owner-occupant who can choose their own tenant and use the rental income to help offset carrying costs, or for an investor seeking an income property. With the extensive renovations, the units should attract excellent tenants. The new owner can select tenants and set market rent. Both units feature new modern kitchens, new 4pc bathrooms, easy-to-maintain vinyl plank flooring , and separate forced-air gas furnaces with individual gas and electric meters for both utilities. The new exterior siding that was insulated before being installed for energy efficiency, and all windows and doors have been replaced during the renovation. With all renovations completed, the property is easy to maintain and find great tenants. Easy to show as both units are vacant. Seller has never occupied this property and requires SPIS signed & submitted with all offer(s) and 2 full business days irrevocable to review any/all offer(s). (id:28469)

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Sunday, October 25 1:00 pm – 3:00 pm Add to calendar →

Facts & features

Property

MLS® Number: X14111354
Property Type: Multi-family
Community Name: 717 - Cornwall
Features: Carpet Free
Parking Space Total: 4

Building

Bathroom Total: 2
Bedrooms Above Ground: 4
Bedrooms Total: 4
Age: 51 To 99 Years
Amenities: Separate Heating Controls, Separate Electricity Meters
Appliances: Water Heater, Water Meter
Basement Development: Unfinished
Basement Type: N/a (unfinished)
Cooling Type: None
Exterior Finish: Vinyl Siding
Foundation Type: Concrete
Heating Fuel: Natural Gas
Heating Type: Forced Air
Stories Total: 2
Size Interior: 1,100 - 1,500 Sqft
Type: Duplex
Utility Water: Municipal Water

Parking

No Garage: —

Land

Acreage: No
Sewer: Sanitary Sewer
Size Depth: 44 Ft
Size Frontage: 89 Ft
Size Irregular: 89 X 44 Ft
Size Total Text: 89 X 44 Ft
Zoning Description: Allows Residential Use

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: $1,970/mo
Ontario land transfer tax: $5,373 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

240 Active listings

$423,750 Median asking price

5% above median This home

34 days Avg. time on market

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Location

607 - 607a Cumberland Street, Cornwall, Ontario K6J 4J6 · Get directions

607 - 607a Cumberland Street