401-403 Water Street E,Cornwall, ON K6H 1A6
Cornwall, ON K6H 1A6
Description
Are you looking for a wonderful property for your investment portfolio? Look no further. This 5-plex is centrally located near the St. Lawrence and all its amenities, including the mall, bus routes, and local shops. While originally built in 1986, the property has been well-maintained with a brick exterior makeover, new roof shingles in 2020, and new sidewalks on the corner and west side. The building features two larger units on the ground floor with spacious living rooms and kitchens, plus three units on the upper level, one of which has been recently renovated. Each unit has a separate hydro meter. New tenants can be signed as rent + hydro (one upper unit is already paying their own hydro). Hot water is provided by a cost-saving, gas, on-demand system. Each unit includes its own laundry hookups, with the exception of one upper unit. There 4 parking spots at the back of the building. Schedule your showing to check out this cared-for 5 plex. "Other" expense is natural Gas $785.64/year for on demand HW. 48 hour notice required for showings. This property is also listed under commercial MLS#: X13765952
Details
| MLS # | X13781138 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Sub-Type | Resale |
| Status | Sold Conditional |
| Year | 0 |
| Days On Site | 44 |
| Listing Provided By | ROYAL LEPAGE PERFORMANCE REALTY | X13781138 479100 |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 5 |
| Basement | Y |
| Acreage | 0.06 |
Interior
| Interior Features | Other |
|---|---|
| Cooling | None |
| Heat Source | Electric |
| Fireplace Yes / No | No |
Exterior
| Roof | Shingles |
|---|---|
| Foundation Details | Concrete |
| Construction Materials | Brick |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 5262 |
|---|---|
| Tax Legal Description | PT LT 3 N/S WATER ST PL CORNWALL AS IN S168529, T/W S168529; CORNWALL |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Stormont, Dundas and Glengarry |
| City | Cornwall |
| Postal Code | K6H 1A6 |
| Area | 717 Cornwall |
| Listing VS Median (in K6H 1A6) | |
Price: $530,000 low | high Med: $530,000 On site: 44 low | high Med: 48 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Stormont, Dundas and Glengarry |
| City | Cornwall |
| Postal Code | K6H 1A6 |
| Area | 717 Cornwall |
| Listing VS Median (in K6H 1A6) | |
Price: $530,000 low | high Med: $530,000 On site: 44 low | high Med: 48 | |
