334-336 ELEVENTH STREET E, Cornwall, Ontario, K6H 2Y7

$449,000

MLS® # X12746912

Investment For Sale In Centretown, Cornwall, Ontario

$449,000

Property Information:

Welcome to 334-336 Eleventh Street East, a legal, well-maintained duplex offering immediate rental income in a desirable central Cornwall neighbourhood. The property is fully tenanted, with tenants paying all utilities, and generates $36,249 in annual gross rental income. With solid income, low operating exposure, and major capital improvements already completed, this property presents a compelling investment opportunity in a market where cash-flow-positive duplexes are increasingly hard to find. The property consists of two spacious 2-bedroom units, both clean, well cared for, and updated over time, featuring functional layouts and neutral finishes suitable for long-term tenancy. The deep lot provides three (3) off-street parking spaces, along with a generous backyard. Notable upgrades include renovated kitchens and bathrooms (2019-2022), updated flooring, a high-efficiency gas furnace (2021), PVC windows, new exterior balcony and patio (2024), sealed driveway (2025), and roof (2013). Included (sold without legal warranty of quality): Unit 334: Fridge, stove, dishwasher, washer, dryer, living room sofa, sofa bed in bedroom, range hood microwave. Unit 336: Range hood, furnace (2021).Note: Both water heaters and space heater (Unit 334) are rented via Reliance. Whether you're an investor seeking a turnkey income property or a savvy homeowner looking to offset your mortgage, this opportunity checks all the boxes. Don't miss this rare gem, book your showing today and unlock the potential of 334- 336 Eleventh Street East! (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Air Conditioning: Yes
  • Amenities: Separate Heating Controls, Separate Hydro Meters
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Vinyl siding
  • Fire Protection: Smoke Detectors
  • Floor Space: 1100 - 1500 sqft
  • Flooring Type: Vinyl, Ceramic, Laminate
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Wall unit
  • Appliances: Water meter, Dishwasher, Dryer, Microwave, Hood Fan, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 2
  • Half Bathrooms: 2
  • Features: Flat site, Carpet Free, Sump Pump
  • Fence Type: Fenced yard
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Lot Depth: 103.3 Feet
  • Lot Frontage: 40 Feet
  • Lot Size: 40 x 103.4 FT
  • Structure Type: Porch, Deck, Shed
  • Utility Type: Sewer - Installed, Cable - Available, Hydro - Available
  • Zoning: Residential
  • Sewer: Sanitary sewer
  • Parking Type: No Garage, Tandem
  • No. of Parking Spaces: 3

Rooms:

  • Primary Bedroom 2nd Level 3.46 m x 3.25 m
  • 2nd Bedroom 2nd Level 3.46 m x 3.20 m
  • Family 2nd Level 3.45 m x 4.55 m
  • Bathroom 2nd Level 3.46 m x 1.59 m
  • Cellar/Cold Room 2nd Level 3.48 m x 1.53 m
  • Kitchen 2nd Level 3.45 m x 3.69 m
  • Bathroom Main Level 3.41 m x 1.70 m
  • Cellar/Cold Room Main Level 3.34 m x 1.52 m
  • Primary Bedroom Main Level 3.41 m x 3.21 m
  • 2nd Bedroom Main Level 3.41 m x 3.14 m
  • Living Main Level 3.50 m x 3.72 m
  • Kitchen Main Level 3.50 m x 4.42 m

Courtesy of: RE/MAX HALLMARK REALTY GROUP

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.

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