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$679,000

2459 WATSON CRESCENT, Cornwall, Ontario, K6H 0H9

MLS® # X12716248

Cornwall ON, K6H 0H9

MLS® # X12716248

Property Information:

Welcome to 2459 Watson Crescent, a stunning and well-kept purpose-built duplex in one of Cornwall's most sought-after residential areas! Boasting great curb appeal and a functional floor plan in both units, this home is perfect for an investor looking for a solid appreciating investment with great tenants or an owner-occupant looking to offset costs with a tenant in the other unit. Situated in Cornwall's Eastridge development this property is just a short walk from the St Lawrence River, the bike path, and Grey's Creek. Enjoy a family oriented neighbourhood thats just a short drive from all the amenities that Cornwall has to offer. Both units in this home feature 2 bedrooms, 1 bathroom, and their own laundry room. While the main floor unit features an attached garage, quartz countertops, and a rear deck, the lower unit utilizes the carport and has large bright windows and a spacious storage area. Current rents are $1786.75 + Utilities for the lower unit and $1,837.80 + Utilities on the main floor. Gross Income: $43,494.60. Operating Expenses: $10,359.00. Net Operating Income: $33,135.60. Great tenants and under-market rents. 24-hour notice for showings required. As per Form 244 minimum 24 hour irrevocable required on all offers. (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Architectural Style: Raised bungalow
  • Basement Development: Finished
  • Basement Type: N/A, N/A, Full
  • Exterior Finish: Stone, Vinyl siding
  • Floor Space: 1100 - 1500 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Water meter, Dishwasher

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 2+2
  • Bathrooms: 2
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Lot Depth: 114.8 Feet
  • Lot Frontage: 65.6 Feet
  • Lot Size: 65.6 x 114.8 FT
  • Structure Type: Deck, Patio(s), Porch
  • Utility Type: Hydro - Installed, Sewer - Installed
  • Sewer: Sanitary sewer
  • Parking Type: Attached garage, Garage
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX AFFILIATES MARQUIS LTD.

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 2459 WATSON CRESCENT, Cornwall, Ontario, K6H 0H9

Demographic Information of 2459 WATSON CRESCENT, Cornwall, Ontario, K6H 0H9

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$118,282.07

Average Number of Children

1.76

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.37 %

High school certificate or equivalent

30.7 %

Apprenticeship trade certificate/diploma

4.09 %

College/non-university certificate

25.21 %

University certificate (below bachelor)

1.95 %

University Degree

24.68 %

Commuter

Travel To Work

By Car

94.08 %

By Public Transit

0.0 %

By Walking

2.34 %

By Bicycle

0.0 %

By Other Methods

3.58 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

3.28 %

Houses

96.72 %

Own Vs. Rent