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424 GUY STREET

$599,000

424 GUY STREET, Cornwall, Ontario, K6H 4V5

MLS® # X12651392

Cornwall ON, K6H 4V5

MLS® # X12651392

Property Information:

424 Guy Street is a well-maintained fourplex offering an excellent opportunity for investors or owner-occupiers, featuring one owner-occupied unit and three income-producing units with a total current monthly rental income of $3,161. The property consists of four 2-bedroom units, each offering a 4-piece bathroom and functional layouts with eat-in kitchens. All tenants pay their own utilities. Each unit includes its own washer and dryer hookup and a locked storage area located in the basement, making this a well-laid-out and attractive multi-unit property. 24 hour irrevocable on all offers. 24 hour notice required for all showings. (id:27)

Building Features:

Style: Multiplex
Building Type: Fourplex
Amenities: Separate Hydro Meters
Basement Development: Unfinished
Basement Type: N/A
Exterior Finish: Aluminum siding
Floor Space: 3500 - 5000 sqft
Foundation Type: Concrete, Poured Concrete
Heating Type: Forced air, Other, Not known, Not known
Heating Fuel: Electric, Natural gas
Cooling Type: None

Property Features:

Property Type: Multi-family
Bedrooms: 8
Bathrooms: 4
Floor Space (approx): 3500 - 5000 Square Feet
Irregular: Yes
Lot Depth: 127.6 Feet
Lot Frontage: 50 Feet
Lot Size: 50 x 127.6 FT
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 4

Courtesy of: RE/MAX AFFILIATES MARQUIS LTD.

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⚠ Potential Investment Performance

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Market Price Trends

Location of 424 GUY STREET, Cornwall, Ontario, K6H 4V5

Lifestyle
Neighbourhood

Demographic Information of 424 GUY STREET, Cornwall, Ontario, K6H 4V5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$74,507.71

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.62 %

High school certificate or equivalent

38.98 %

Apprenticeship trade certificate/diploma

6.08 %

College/non-university certificate

22.81 %

University certificate (below bachelor)

0.17 %

University Degree

7.35 %

Commuter

Travel To Work

By Car

80.99 %

By Public Transit

6.57 %

By Walking

4.37 %

By Bicycle

0.0 %

By Other Methods

8.07 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

32.52 %

Houses

67.48 %

Own Vs. Rent