$898,000

Multiplex

9 First Street, Cornwall, ON

1 DAY
6
5
0
3000-3500
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Listed by RE/MAX AFFILIATES MARQUIS LTD.

Property Highlights

Parking

4 spaces

Property Tax

$3,469/yr

Lot Size

2,987 sqft

Style

2-Storey

Basement

None

Monthly Cost

$4,081/mo

About This Home

Fantastic Investment Opportunity! This well-maintained 5-plex offers a strong income profile with a great mix of occupied units and future rental upside. Unit 9 is currently rented for $1,076.25/month, plus $240 every three months. Apartment A is rented for $1,125/month plus electric, Apartment B is currently vacant, Apartment C is rented for $1,025/month plus electric, and Apartment D is rented for $825/month plus electric. Each unit is separately metered, allowing for simplified management and tenant utility responsibility. Whether you are looking to expand your investment portfolio or secure a multi-unit property with income potential, this 5-plex is an excellent opportunity. 48 hours' notice required for all showings and 48-hour irrevocable on all offers as per Form 244.

Monthly Cost

Monthly Mortgage$3,792
Property Tax ($3,469/yr)$289
Total$4,081

Price & Listing History

Schools

Location

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Listing Presented By

iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage