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For sale · MLS® X13781138

401-403 Water Street E, Cornwall, ON K6H 1A6

Cornwall, ON K6H 1A6

$530,000Asking price
5 Bedrooms5 Bathrooms— Reported areaMultiplex Type

About this property

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

Property facts & features

Property type
Multiplex
MLS® number
X13781138
Source status
New
Bedrooms
5
Bathrooms
5
Reported interior area
Not provided
Neighbourhood
Not provided
Postal code
K6H 1A6
Parking spaces
4
Garage
None
Lot depth (source units)
60
Annual property tax
5262
Basement
Crawl Space
Laundry
Not provided
Interior features
Other
Exterior features
Not provided

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

Floor plans and verified room measurements are not available for this property.

Property value & listing history

Current authorized listing record

New · $530,000

Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.

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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

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Location & neighbourhood

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Listing brokerage: ROYAL LEPAGE PERFORMANCE REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13781138. Information deemed reliable but not guaranteed.

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