Property Information:

Discover a fully updated legal TRIPLEX with gross annual income of $63,660.00. All units were recently renovated with all new kitchens, bathrooms, flooring, HRV, electrical and plumbing. The units are bright, contemporary 2-bedroom suites featuring stylish finishes, in-suite laundry, full bathrooms with tub/shower combos, dishwashers, and seperate entrances. Each unit mirrors the other in layout and appeal, making it ideal for owner-occupiers or investors. The upper unit is currently tenanted at $1,750/month plus utilities, main floor $1,815 plus utilities, basement $1,740 plus utilities providing immediate, stable cash flow. . This turn-key property is a rare opportunity to step into a well-maintained, revenue-ready multi-unit building. Perfect for investors, multi-generational living, or anyone looking to live in one unit while renting the others. (id:27)

Building Features:

Style: Triplex
Building Type: Triplex
Basement Type: N/A
Floor Space: 1500 - 2000 sqft
Foundation Type:
Heating Type: Baseboard heaters
Heating Fuel: Electric
Cooling Type: None
Appliances: Water meter, Dishwasher

Property Features:

Property Type: Multi-family
Bedrooms: 6
Bathrooms: 3
Features: Carpet Free
Floor Space (approx): 1500 - 2000 Square Feet
Irregular: Yes
Lot Depth: 79.8 Feet
Lot Frontage: 46.1 Feet
Lot Size: 46.1 x 79.9 FT
Utility Type: Cable - Available, Hydro - Installed, Sewer - Installed
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 6

Courtesy of: EXP REALTY

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Demographic Information of 625 MONTREAL ROAD, Cornwall, Ontario, K6H 1C3

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 %

625 MONTREAL ROAD, Cornwall, Ontario, K6H 1C3