For Sale - 122 New Street, Cornwall, Ontario

Est payment $1,801/mo
Views   5
Time on Jump  123 day
  • 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$375,000
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 Brokerage: RE/MAX AFFILIATES MARQUIS LTD.

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