An exceptional investment opportunity featuring four rental units with a desirable mix of layouts: Unit 705A offers 2 bedrooms and 1 bathroom, Unit 705B features 4 bedrooms and 1 bathroom, Unit 705C offers 2 bedrooms and 1 bathroom, and Unit 705D includes 1 bedroom and 1 bathroom. Generating $75,359.28 in gross annual rental income, this property offers multiple income streams and an attractive cap rate of approximately 9.30%. Additional highlights include a large yard, double detached garage, and ample parking. With strong rental income and desirable property features, this is an excellent opportunity to expand your investment portfolio. (id:13843)
| MLS # | X14124732 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 8 |
| Listing Provided By | RE/MAX AFFILIATES MARQUIS LTD. | TAYLOR GINGRAS |
| Bed(s) | 9 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,500 |
| Garage | 6 |
| Basement | Y |
| Story(s) | 2 |
| Cooling | None |
|---|---|
| Heating | Baseboard heaters, Radiant heat, Electric, Natural gas |
| Appliances | Water Heater - Tankless |
| Fireplace Yes / No | No |
| Foundation Details | Concrete |
|---|
| Parking Features | Detached Garage, Garage |
|---|---|
| Parking Total | 6 |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 4433 |
|---|---|
| Tax Year | 2025 |
| Province | ON |
|---|---|
| City | Cornwall |
| Postal Code | K6H1T8 |
| Listing VS Median (in K6H1T8) | |
Price: $698,000 low | high Med: $698,000 sqft: 2,500 low | high Med: 2,500 $ / sqft: $279 low | high Med: $279 On site: 8 low | high Med: 8 | |
| Province | ON |
|---|---|
| City | Cornwall |
| Postal Code | K6H1T8 |
| Listing VS Median (in K6H1T8) | |
Price: $698,000 low | high Med: $698,000 sqft: 2,500 low | high Med: 2,500 $ / sqft: $279 low | high Med: $279 On site: 8 low | high Med: 8 | |