snow covered house with a balcony and brick siding Features: balcony, central ac More Photos

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    For Sale - 1107 Gretchen Court, Cornwall, Ontario

    Est payment $12,725/mo
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    Views   1
    Time on Jump  37 day

    AI Summary *

    • Well-located property featuring a fourplex and duplex, totaling 6 units.
    • Spacious 1100 sqft units with 2 bedrooms and 1 bathroom each.
    • Upper units offer west-facing balconies for added outdoor space.
    • Current gross annual income of $135,648 with rental revenue potential.
    • Turnkey investment opportunity with manageable operating expenses.




    Welcome to 1107 gretchen court, a well-located property that hosts both a 2016 built fourplex and a 2024/25 built duplex all on one lot for a total of 6 units on one property. Each of the spacious units offer stunning curb appeal and all the conveniences that appeal to a wide spectrum of tenants. Each of the 6 units on this turn key investment property are approximately 1100sqft and feature 2 bedrooms, 1 bathroom, natural gas forced air furnace, and central air conditioning. The upper units in the fourplex host west facing balconies while the main level units in the fourplex have both a front entrance and a rear entrance off the parking lot. This property currently grosses $135,648 annually, and with market priced rents has a potential gross revenue of $156,000 annually. Current operating expenses are $22,465. 50 and net operating income is $113,182. 50. 24h notice minimum for all showings. As per for 244, seller required 24h irrevocable on all offers.
    Listing IDX12814648
    Address1107 Gretchen Court
    CityCornwall, Ontario
    Price$2,650,000
    Bed / Bath12 / 6 Full
    Style2-Storey, Multiplex
    ConstructionVinyl Siding, Brick
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Water HeaterOutdoor Features PatioOwnership FreeholdBasement NoneFoundation Concrete, SlabHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 8.00
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    Listing Agency:  RE/MAX AFFILIATES MARQUIS LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1107 Gretchen Court
    Cornwall , Ontario
    12 6 $2,650,000
    Get more info