view of front facade featuring stairway, covered porch, and roof with shingles Features: balcony, porch More Photos

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    For Sale - 501 Fifth Street, Cornwall, Ontario

    Est payment $4,040/mo
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    Views   1
    Time on Jump  89 day

    AI Summary *

    • Unique 5-plex apartment building on a corner lot for investment.
    • Large 3-bedroom unit plus two 2-bedroom and two 1-bedroom units.
    • Attractive Cap Rate of 7% for solid investment potential.
    • Major upgrades including a new roof completed in 2022.
    • New engineered stairs with durable steel/concrete footings added in 2024.




    5-plex for sale! This uniquely designed apartment building is situated on a corner lot, at 501 fifth st w and 48 gulf st, and features a large, 2 storey 3 bedroom unit, two 2-bedroom units, and two 1-bedroom units. With a cap rate of 7%, this is a great investment to round out your portfolio. There have been major upgrades to the building, only 3 years old, with a new roof in 2022 and new engineered stairs with steel/concrete footings done in 2024.
    Listing IDX12339637
    Address501 Fifth Street
    CityCornwall, Ontario
    Price$815,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentBasement 1Heating / Cooling Baseboard

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    Listing Agency:  RE/MAX AFFILIATES MARQUIS LTD.
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    501 Fifth Street
    Cornwall , Ontario
    $815,000
    Get more info