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$399,999

217-219 BELMONT STREET, Cornwall, Ontario, K6H 4Z5

MLS® # X9520915

Property Information:

Triplex in excellent condition, well-maintained and managed. Property consists of one 3-bedroom unit and two 1-bedroom units, all fully rented with reliable tenants. Roof replaced in phases: half in 2015 and the other half in 2021. Furnace in unit 219 replaced in 2022, and in unit 217A in 2024. Drain in unit 219 replaced in 2021 due to roots and blockage. Front porch updated in 2018. Hot water tank in unit 219 replaced in 2017. This property offers a great investment opportunity with minimal maintenance required due to recent updates., Flooring: Ceramic, Flooring: Laminate, Flooring: Carpet Wall To Wall **EXTRAS** Management: $2,373Prop Taxes: $2,450 Insurance: $2,673Water/Sewage: $2,495Heat: $3,000 Hydro: $3,672 TOE: $16,663Ann Rent Inc: $33,900 Cash Flow: $17,237 (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Basement Development: Unfinished
  • Basement Type: Full
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 3
  • Irregular: Yes
  • Lot Depth: 90.0 Feet
  • Lot Frontage: 50.0 Feet
  • Lot Size: 50 x 90 FT ; 0
  • Zoning: RES20
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 3

Courtesy of: KELLER WILLIAMS INTEGRITY REALTY

REALTOR.ca  

Location of 217-219 BELMONT STREET, Cornwall, Ontario, K6H 4Z5

Demographic Information of 217-219 BELMONT STREET, Cornwall, Ontario, K6H 4Z5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$69,983.11

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.64 %

High school certificate or equivalent

37.77 %

Apprenticeship trade certificate/diploma

6.91 %

College/non-university certificate

20.72 %

University Degree

6.96 %

Commuter

Travel To Work

By Car

81.02 %

By Public Transit

2.29 %

By Walking

8.52 %

By Bicycle

0.0 %

By Other Methods

8.17 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

33.42 %

Houses

66.58 %

Own Vs. Rent