Notre Dame Street, Cornwall, Ontario, K6J4Y7




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$294,900
Cornwall
This multi-family property in Cornwall is for sale offering roughly 1,750 sq ft of space. It has been on the market 21 days, fresher than the Cornwall average of 79 days.
Looking to expand your investment portfolio with a well-maintained, income-generating property in a desirable North End location? This ground-level side-by-side duplex offers two equally sized 1-bedroom units, both occupied by excellent long-term tenants. A welcoming front entrance opens into a shared foyer featuring two generous storage rooms, with a private entrance to each unit. Inside, both apartments offer a spacious kitchen with a combined dining area, a large living room with direct access to separate private backyard spaces, a generously sized bedroom complete with a large walk-in closet, a 3-piece bathroom, and the convenience of in-suite laundry.Situated on a large lot set back from the road, this property provides a spacious parking area with room for multiple vehicles while offering added privacy and minimal traffic noise. Located in a quiet, established North End neighbourhood close to Walmart, public transit, shopping, and everyday amenities, this is an excellent opportunity for investors seeking a well-maintained property with quality long-term tenants already in place.Tenants pay hydro and gas. Tenants pay $153.97 per unit every second month for Water/Sewer.Tenant Rents: 1211B pays $740/month and unit 1211A pays $660/month. 24 hour irrevocable all offers. 24 hour minimum notice required for all showings. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 21 days on market, against an average age of 79 days across the listings currently for sale in this city
This 2-bed multi-family in Cornwall has been listed for 21 days, which is 58 days fresher than the city average of 79. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $294,900, about 4.9× the local median household income of $60,400.
Carrying it typically needs a household income of about $57,604 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA K6J)
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Loading rates, 30-yr amortization
Cash Needed to Close
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