Property Information:

Excellent opportunity to enter the investment market with this well-maintained duplex located in a central downtown location. The property offers two self-contained units, each featuring 2 bedrooms and 1 bathroom, providing strong and consistent rental appeal. The main floor unit is heated by a newer forced-air gas furnace, while the second-floor unit is heated by an owned gas wall heater. Both tenants pay their own utilities, helping keep operating expenses low and predictable for an investor. Recent improvements include a newer rear staircase and deck serving the upper unit, and a detached garage adds additional storage or potential income opportunity. The location is a notable advantage, with commercial properties situated behind and beside the building, offering increased privacy during evenings and weekends-a rare benefit for a downtown property. Income Summary: Gross Annual Rental Income: $22,500 Net Operating Income: $14,100 per year. This property provides steady income today with future upside through rent growth, making it an ideal starter investment or a solid addition to an existing portfolio. (id:27)

Building Features:

Style: Duplex
Building Type: Duplex
Basement Development: Unfinished
Basement Type: N/A
Exterior Finish: Aluminum siding
Floor Space: 1100 - 1500 sqft
Foundation Type: Concrete
Heating Type: Forced air, Other, Not known
Heating Fuel: Natural gas
Cooling Type: None

Property Features:

Property Type: Multi-family
Bedrooms: 4
Bathrooms: 2
Floor Space (approx): 1100 - 1500 Square Feet
Irregular: Yes
Lot Depth: 90 Feet
Lot Frontage: 40 Feet
Lot Size: 40 x 90 FT
Sewer: Sanitary sewer
Parking Type: Detached garage, Garage
No. of Parking Spaces: 2

Courtesy of: RE/MAX AFFILIATES MARQUIS LTD.

More Detail

Less Detail

Demographic Information of 121 BALDWIN AVENUE, Cornwall, Ontario, K6H 4J1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$64,929.33

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

31.21 %

High school certificate or equivalent

36.57 %

Apprenticeship trade certificate/diploma

5.82 %

College/non-university certificate

22.35 %

University Degree

4.04 %

Commuter

Travel To Work

By Car

78.67 %

By Public Transit

7.18 %

By Walking

7.29 %

By Bicycle

0.0 %

By Other Methods

6.86 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

50.8 %

Houses

49.2 %

121 BALDWIN AVENUE, Cornwall, Ontario, K6H 4J1