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    For Sale - 122 New Street, Cornwall, Ontario

    Est payment $1,920/mo
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    Views   5
    Time on Jump  58 day

    AI Summary *

    • Spacious two-storey duplex with two 3-bedroom units for flexibility.
    • Main-floor unit is vacant, perfect for immediate occupancy or rental.
    • Large backyard and double-wide driveway offer ample outdoor space and parking.
    • Close to parks, schools, shops, and public transit for convenience.
    • Property generates rental income while allowing owner-occupant options.




    Welcome to 122-124 new street! This two storey duplex features two spacious 3-bedroom units, with the desirable main-floor unit currently vacant and ready for occupancy. Conveniently located close to parks, schools, shopping, amenities, and public transit, this property offers an excellent opportunity for both investors and owner-occupants. Enjoy a large backyard and double-wide driveway, providing ample outdoor space and parking. For buyers looking to offset living expenses, the vacant main-floor unit offers the perfect opportunity to move in while generating rental income from the second unit. For investors, this allows you to find your ideal tenant at market value. With the main-floor unit vacant, the property generates an annual income of approximately $8,508. Estimated annual operating expenses are as follows:insurance: $1,509. Water/sewer: $1,769property taxes: $1,556. Recent updates include: shingles replaced approximately 3 years ago, both furnaces installed approximately 2014, owned hot water tanks installed approximately 2019 and 2021 and upgraded insulation. A minimum of 24 hours' notice is required for all showings. As per form 244, 24 hour irrevocable on all offers.
    Listing IDX13473244
    Address122 New Street
    CityCornwall, Ontario
    Price$399,900
    Bed / Bath6 / 2 Full
    Style2-Storey, Duplex
    ConstructionAluminum Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features Water Heater OwnedOwnership FreeholdBasement Full, UnfinishedFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 6.00
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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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    122 New Street
    Cornwall , Ontario
    6 2 $399,900
    Get more info