$799,999

Investment For Sale In Downtown, Cornwall, Ontario

$799,999

Property Information:

Well-maintained 5-unit multiplex located in the heart of Cornwall, offering great value-add opportunity. This centrally located property is steps to public transit and close to schools, shopping, and everyday amenities-making it highly attractive to students, seniors, and working professionals alike. Significant capital improvements have been completed over the last four years, including roof shingles, some windows, hot water tanks, updated flooring, fresh paint, and other interior upgrades, providing a solid foundation for the next owner. The building features five self-contained units, municipal water and sewer, and on-site parking. With strong rental demand in the area and clear opportunities to increase rents, renovate, and optimize the unit mix, this property offers substantial upside for a savvy investor. Ideal for both seasoned investors and those looking to expand their multi-residential portfolio in a growing Eastern Ontario market. Flexible possession available. A rare opportunity to acquire a well-located asset with immediate and long-term upside potential. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Aluminum siding
  • Floor Space: 2500 - 3000 sqft
  • Heating Type: Other
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 9
  • Bathrooms: 5
  • Floor Space (approx): 2500 - 3000 Square Feet
  • Irregular: Yes
  • Lot Depth: 51.7 Feet
  • Lot Frontage: 50 Feet
  • Lot Size: 50 x 51.7 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 5

Courtesy of: CENTURY 21 SHIELD REALTY LTD.

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