$679,000

Investment For Sale In East End, Cornwall, Ontario

$679,000

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.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

  • Lot lines approximate only -
  • Lot lines approximate only -