For Sale - 401-403 Water Street, Cornwall, Ontario

Est payment $2,545/mo
Views   1
Time on Jump  52 day
  • Centrally located 5-plex near amenities, including shops and bus routes.
  • Well-maintained with a brick exterior and new roof shingles from 2020.
  • Features two larger ground floor units with spacious living areas.
  • Each unit has separate hydro meters and laundry hookups.
  • Includes four parking spots at the back for resident convenience.



Are you looking for a wonderful property for your investment portfolio? Look no further. This 5-plex is centrally located near the st. Lawrence and all its amenities, including the mall, bus routes, and local shops. While originally built in 1986, the property has been well-maintained with a brick exterior makeover, new roof shingles in 2020, and new sidewalks on the corner and west side. The building features two larger units on the ground floor with spacious living rooms and kitchens, plus three units on the upper level, one of which has been recently renovated. Each unit has a separate hydro meter. New tenants can be signed as rent + hydro (one upper unit is already paying their own hydro). Hot water is provided by a cost-saving, gas, on-demand system. Each unit includes its own laundry hookups, with the exception of one upper unit. There 4 parking spots at the back of the building. Schedule your showing to check out this cared-for 5 plex. "other" expense is natural gas $785. 64/year for on demand hw. 48 hour notice required for showings.
Listing IDX13765952
Address401-403 Water Street
CityCornwall, Ontario
Price$530,000
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentHeating / Cooling Baseboard
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Listing Brokerage: ROYAL LEPAGE PERFORMANCE REALTY

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401-403 Water Street
Cornwall , Ontario
$530,000
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