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$539,000
Status: For Sale
Located in the heart of downtown Cornwall, this well-maintained 5-plex features four 1-bedroom units (tenanted), one spacious 2-bedroom unit (vacant), an oversized lot, and a double garage that may be used for extra income. Tenants enjoy the convenience of off-street parking and on-site coin-laundry machines, with easy access to shops, restaurants, public transit, and other local amenities. With strong rental demand in the area, this property presents an excellent opportunity for investors looking for a steady income stream. The vacant 2-bedroom unit allows you to choose your own tenant at market rent ($1600/month), or you can move in and have the other rental incomes supplement your mortgage payments! Don't miss out on this fantastic investment opportunity. Building upgrades include: Roof 2019; Boiler 2023; HWT 2022.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :X11998757 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :25 Mar, 2025 (2 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Stormont, Dund |
|---|---|
| Postal Code | :
K6J 3Z1
|
| Price | : $539,000 |
|---|---|
| Property Taxes | :$3666.0 |
| Tax Year | :2024 |
|---|
| Bedrooms | :7 + |
|---|---|
| No. of Rooms | :21 |
| Heating | :Water |
| Cross Street | :Second St W. & York St. |
| Bathrooms | :5 |
|---|---|
| Fuel | :Other |
| Exterior Finish | :Other |
|---|---|
| Parking Space | :7 |
| Basement | :Full |
| Garage | :Detached |
|---|---|
| Laundry Level | :Lower Level |
04 Mar, 2025
TREB #X11998757
Listed
$539,000
