Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Royal LePage
Royal LePage
Image 1
Image 2
Image 3
$530,000

401-403 WATER STREET E, Cornwall, Ontario, K6H 1A6

MLS® # X13781138

Cornwall ON, K6H 1A6

MLS® # X13781138

Property Information:

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 (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Type: Crawl space
  • Exterior Finish: Brick
  • Floor Space: 3500 - 5000 sqft
  • Foundation Type: Concrete
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 5
  • Floor Space (approx): 3500 - 5000 Square Feet
  • Irregular: Yes
  • Lot Depth: 60 Feet
  • Lot Frontage: 44.7 Feet
  • Lot Size: 44.7 x 60 FT
  • Zoning: RES30
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

REALTOR.ca  

More Detail
Less Detail

⚠ Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 401-403 WATER STREET E, Cornwall, Ontario, K6H 1A6

Demographic Information of 401-403 WATER STREET E, Cornwall, Ontario, K6H 1A6

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$78,282.55

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.03 %

High school certificate or equivalent

36.08 %

Apprenticeship trade certificate/diploma

7.36 %

College/non-university certificate

23.76 %

University certificate (below bachelor)

0.51 %

University Degree

10.26 %

Commuter

Travel To Work

By Car

82.39 %

By Public Transit

6.0 %

By Walking

9.67 %

By Bicycle

1.51 %

By Other Methods

0.43 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.88 %

Houses

43.12 %

Own Vs. Rent

More Detail
Less Detail