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$ 489,000
Est. payment | /mo
8 Beds
4 Baths
$ 489,000
Est. payment | /mo
8 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision 717 - Cornwall
MLS Listing ID X12338744
Style 2-Storey
Bedrooms 8
Annual Tax Amount $3,267
Tax Year 2025
Property Sub-Type Fourplex
Property Description
Turnkey 4-Plex Investment in Cornwall with Positive Cash Flow. A fantastic opportunity to own income-generating 4-plex in the growing community of Cornwall, Ontario. A city that continues to attract smart investors seeking affordability, stability, and upside potential. Located in a well-established neighbourhood, this purpose-built 4plex features four 2-bedroom units, each with its own front and rear entrance, separately metered utilities, and dedicated parking in the rear. Tenants enjoy the warmth of hardwood floors throughout and thoughtful, functional layouts that offer long-term livability. Even more value, both main floor units include full, unfinished basements, offering potential for added storage or finish the basement to increase value. Key Investment Features: Four 2-bedroom units. Positive monthly cash flow. All units have separate hydro meters. Hardwood flooring throughout. Front and rear entrances for each unit. Parking for each tenant. Full unfinished basements in main-level units. Low-maintenance, solid building. Why Cornwall? Affordability: One of Ontarios most affordable markets with strong rental demand. Growing Local Economy: Supported by logistics, manufacturing, and commercial development. Waterfront Community: Located along the St. Lawrence River with parks, trails, and outdoor recreation. Quick Access: Just over an hour to Ottawa or Montreal, perfect for commuters and hybrid workers, Investor-Friendly: Favourable cap rates, growing tenant base, and pro-development local policies. Whether you're a seasoned investor, looking to move in with tenants paying your mortgage, looking to expand your portfolio or a first-time multi-unit buyer, this Cornwall 4-plex checks all the boxes for long-term income, tenant appeal, and market growth.
Location
Province ON
County Stormont, Dundas And Glengarry
Community 717 - Cornwall
Area Stormont, Dundas And Glengarry
Rooms
Family Room No
Basement Unfinished, Full
Kitchen 4
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Lane
Pool None
Roof Type Asphalt Shingle
Lot Frontage 50.0
Lot Depth 100.0
Total Parking Spaces 6
Building
Foundation Concrete
Listed by EXP REALTY