For Sale - 9 First Street, Cornwall, Ontario

Est payment $4,709/mo
Views   1
Time on Jump  56 day
  • Well-maintained 5-plex with a solid income profile and stability.
  • Mix of occupied and upcoming vacant units for value-add potential.
  • Separate metering for each unit simplifies management tasks.
  • Current rental rates provide reliable cash flow opportunities.
  • Great choice for portfolio expansion or multi-unit investment.



Fantastic investment opportunity! This well-maintained 5-plex offers a solid income profile with a mix of occupied units and upcoming turnover, providing both stability and value-add potential. Unit 9 is rented for $1,076. 25/month plus $240 every three months, unit 9a is rented for $1,125 plus electric, unit 9b is currently rented for $1,638 plus electric and will be vacant as of march 1st, unit 9c is currently vacant and rented as of march 1st for $1,025 plus electric, and unit 9d is rented for $875 plus electric. Each unit is separately metered, allowing for straightforward management. Whether you're expanding your portfolio or securing a multi-unit property with future upside, this 5-plex presents an excellent opportunity. 48 hours' notice required for all showings and 48-hour irrevocable on all offers as per form 244.
Listing IDX12612404
Address9 First Street
CityCornwall, Ontario
Price$949,900
Bed / Bath6 / 5 Full
Style2-Storey, Multiplex
ConstructionMetal/Steel Siding
TypeMulti-Family
StatusFor Sale
Subtype MultiplexIndoor Features NoneOwnership FreeholdBasement NoneFoundation SlabHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer
Parking 4.00
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Listing Agency:  RE/MAX AFFILIATES MARQUIS LTD.
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9 First Street
Cornwall , Ontario
6 5 $949,900
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