Two-story duplex with light blue siding, a covered front porch, and a white railing Features: horizontal siding, gas meter, outdoor structure, shed, porch More Photos

×

    For Sale - 231 Louisa Street, Cornwall, Ontario

    Est payment $3,601/mo
    Get pre-qualified
    Views   2
    Time on Jump  86 day

    AI Summary *

    • Fully tenanted 5-plex generating approximately $81,000 in gross annual income.
    • Attractive 8% cap rate for solid returns from day one.
    • Five self-contained units with established tenants for dependable revenue.
    • Conveniently located near shopping, schools, and public transit.
    • Great opportunity for both new and experienced investors in multi-family market.




    Welcome to your next investment opportunity! This fully tenanted 5-plex offers a rare combination of strong cash flow, reliable rental income, and long-term growth potential. Generating approximately $81,000 in gross annual income and an estimated 8% cap rate, this income-producing property is well positioned for investors seeking solid returns from day one. Comprised of five self-contained residential units with established tenants in place, the building provides dependable revenue while benefiting from continued demand for quality rental housing. Conveniently located close to shopping, schools, parks, public transit, and other everyday amenities, the property appeals to a wide range of tenants and supports long-term occupancy. Whether you're expanding an existing portfolio or entering the multi-family market, this 5-plex represents an excellent opportunity to acquire a well-performing asset with proven income and future upside potential. A minimum of 24 hours' notice is required for all showings. Please allow 48 hours irrevocable on all offers as per form 244.
    Listing IDX13178748
    Address231 Louisa Street
    CityCornwall, Ontario
    Price$749,900
    Bed / Bath9 / 5 Full
    Style2-Storey, Multiplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Sump PumpOwnership FreeholdBasement Full, UnfinishedFoundation BlockHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

    Parking 3.00
    ASAP

    Sat

    22

    Aug

    Sun

    23

    Aug

    Mon

    24

    Aug

    Tue

    25

    Aug

    Wed

    26

    Aug

    Thu

    27

    Aug

    Fri

    28

    Aug

    Sat

    29

    Aug

    Sun

    30

    Aug

    Mon

    31

    Aug

    Tue

    1

    Sep

    Wed

    2

    Sep

    Thu

    3

    Sep

    Fri

    4

    Sep

    Sat

    5

    Sep

    Sun

    6

    Sep

    Mon

    7

    Sep

    Tue

    8

    Sep

    Wed

    9

    Sep

    Thu

    10

    Sep

    Fri

    11

    Sep

    Sat

    12

    Sep

    Sun

    13

    Sep

    Mon

    14

    Sep

    Tue

    15

    Sep

    Wed

    16

    Sep

    Thu

    17

    Sep

    Fri

    18

    Sep

    Sat

    19

    Sep

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    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.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    3220 Turnstone Crescent
    Mississauga, Ontario.
    6 Beds | 4 Baths
    $1,299,000
    135 Keefer Road
    Thorold, Ontario.
    6 Beds | 2 Baths
    $699,000
    18400 Marine Park Drive
    Rondeau Bay Estates, Ontari…
    3 Beds | 2 Baths
    $529,000
    18400 Marine Park Drive
    Morpeth, Ontario.
    3 Beds | 2 Baths
    $529,000
    121 Hearst Circle
    Toronto, Ontario.
    4 Beds | 3 Baths
    $799,900
    386 Winona Drive
    Toronto, Ontario.
    3 Beds | 3 Baths
    $1,199,999
    13 Steadman Street
    Cambridge, Ontario.
    4 Beds | 3 Baths
    $859,000
    304 Annes Street
    Whitby, Ontario.
    4 Beds | 2 Baths
    $775,000
    290 Wisteria Way
    Oakville, Ontario.
    4 Beds | 4 Baths
    $1,480,000
    Loading...
    231 Louisa Street
    Cornwall , Ontario
    9 5 $749,900
    Get more info