9 Bedrooms

6 Bathrooms

2,500 - 3,000 sqft Interior

6 Parking spaces

50 X 117 Ft Lot size

84 days ago Listed

None, Window Air Conditioner Baseboard Heaters Finished basement

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About this home

Welcome to a well-situated 6-unit multiplex offering strong income potential and outstanding convenience for both investors and tenants alike. This property features a desirable unit mix with three renovated 2-bedroom, 1-bathroom units and three 1-bedroom, 1 bathroom units, each complete with their own kitchen and family room areas. Offered with one vacant unit available upon possession, this is the perfect opportunity for an investor looking to live in the property while generating rental income, or to set their own market rent from day one. Situated in a highly walkable location, tenants will enjoy being just steps from everyday amenities and entertainment including grocery stores, restaurants, Tim Hortons, fast food, shopping, Galaxy Cinemas, and more. Whether you are looking to expand your investment portfolio or secure a versatile income-generating property with owner-occupancy potential, this offers location, flexibility, and long-term value in one attractive package. (id:28469)

Facts & features

Property

MLS® Number: X13217782
Property Type: Multi-family
Community Name: 717 - Cornwall
Amenities Near By: Hospital, Park, Public Transit, Schools
Community Features: School Bus
Features: Guest Suite
Parking Space Total: 6

Building

Bathroom Total: 6
Bedrooms Above Ground: 9
Bedrooms Total: 9
Appliances: Water Heater
Basement Development: Finished
Basement Type: Full (finished)
Cooling Type: None, Window Air Conditioner
Exterior Finish: Vinyl Siding
Foundation Type: Poured Concrete
Heating Fuel: Electric
Heating Type: Baseboard Heaters
Stories Total: 2
Size Interior: 2,500 - 3,000 Sqft
Type: Other
Utility Water: Municipal Water

Parking

Detached Garage: —
Garage: —

Land

Acreage: No
Land Amenities: Hospital, Park, Public Transit, Schools
Sewer: Sanitary Sewer
Size Depth: 117 Ft
Size Frontage: 50 Ft
Size Irregular: 50 X 117 Ft
Size Total Text: 50 X 117 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: $3,963/mo
Ontario land transfer tax: $14,375 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

236 Active listings

$444,950 Median asking price

101% above median This home

35 days Avg. time on market

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Location

909/911 Second Street E, Cornwall, Ontario K6H 2A7 · Get directions

909/911 Second Street E