Property Information:

Excellent Investment Opportunity - 9%+ Cap Rate! Great opportunity for an investor to add a cash-flowing property to their portfolio. This duplex has undergone significant renovations and improvements, with the current property offering a cap rate of over 9%. The basement unit was fully renovated in 2024 under permit, bringing the unit up to Ontario Building Code requirements. Improvements include a complete replacement of the sewer lateral, both inside and outside the property, a new water line inside and outside, as well as new basement windows and doors. The upper unit was renovated in 2024, including new electric baseboard heating, lighting, flooring, and a new bathroom. Additional exterior improvements include a new metal roof installed in 2024 and new eavestroughs installed in 2025. With substantial recent improvements, strong rental income, and a current cap rate of over 9%, this property presents an opportunity for an investor looking for a partially renovated, income-producing property with potential to continue growing their portfolio. As per form 244 all offers to contain a 48-hour irrevocability. All showings require minimum 48 hours notice. (id:27)

Building Features:

Style: Duplex
Building Type: Duplex
Architectural Style: Raised bungalow
Basement Type: N/A
Exterior Finish: Aluminum siding
Floor Space: 700 - 1100 sqft
Foundation Type: Concrete
Heating Type: Baseboard heaters
Heating Fuel: Electric
Cooling Type: None

Property Features:

Property Type: Multi-family
Bedrooms: 6
Bathrooms: 2
Features: Carpet Free
Floor Space (approx): 700 - 1100 Square Feet
Irregular: Yes
Lot Depth: 108.8 Feet
Lot Frontage: 26.5 Feet
Lot Size: 26.5 x 108.9 FT
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 3

Courtesy of: RE/MAX AFFILIATES MARQUIS LTD.

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Demographic Information of 95 LEFEBVRE AVENUE, Cornwall, Ontario, K6H 5G6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$82,985.88

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.12 %

High school certificate or equivalent

38.95 %

Apprenticeship trade certificate/diploma

4.23 %

College/non-university certificate

22.25 %

University certificate (below bachelor)

0.1 %

University Degree

8.36 %

Commuter

Travel To Work

By Car

88.19 %

By Public Transit

0.31 %

By Walking

3.41 %

By Bicycle

1.16 %

By Other Methods

6.93 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

18.89 %

Houses

81.11 %

95 LEFEBVRE AVENUE, Cornwall, Ontario, K6H 5G6