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

    Est payment $2,545/mo
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    Views   1
    Time on Jump  40 day

    AI Summary *

    • Well-maintained 5-plex, centrally located near amenities and transport.
    • New roof shingles installed in 2020, adding durability and appeal.
    • Two large ground floor units with spacious living rooms and kitchens.
    • All units feature separate hydro meters and laundry hookups.
    • Four parking spots available for tenant 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. This property is also listed under commercial mls#: x13765952
    Listing IDX13781138
    Address401-403 Water Street
    CityCornwall, Ontario
    Price$530,000
    Bed / Bath5 / 5 Full
    StyleOther, Multiplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features OtherOwnership FreeholdBasement Crawl SpaceFoundation ConcreteHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

    Parking 4.00
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    Listing Brokerage: ROYAL LEPAGE PERFORMANCE REALTY

    * 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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    401-403 Water Street
    Cornwall , Ontario
    5 5 $530,000
    Get more info