PRICE CHANGE
See all 13 photosPRICE CHANGE · 164 days
$730,000See Homsy estimate →
225 Louisa StreetCornwall, Cornwall, ON K6H 4P9 · Sale · MLS® X13192728
11Bedrooms
6Bathrooms
3500-5000Sq ft
4Parking
$146–$209Per sq ft
About this home
The homeTaxes$4,623/yr
Price per sq ft$146–$209
PossessionTBA
All listing details
- Description
- Rare opportunity to acquire a fully tenanted 6-unit income property offering strong cash flow and excellent long-term investment potential. Featuring a desirable mix of spacious 1, 2, and 3-bedroom units, this property provides broad tenant appeal and reliable rental stability. The building currently generates $75,519.12 in gross annual rental income, with annual operating expenses of $21,282, resulting in an estimated Net Operating Income (NOI) of $54,237.12. Several units offer all-inclusive living, contributing to strong tenant retention and consistent occupancy. Conveniently located close to St. Lawrence College, public transit, shopping, and other amenities, this income-producing property presents an excellent opportunity for investors seeking stable returns, consistent income performance, and future growth potential. Minimum 24-hour notice required for all showings. Please allow 48-hour irrevocable on all offers.
- Property type
- Multiplex
- Style
- 2-Storey
- Heating
- Baseboard
- Air conditioning
- None
- Basement
- Full, Partially Finished
- Garage
- None
- Parking spaces
- 4
- Central vac
- N
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The area
AreaUnavailablewalk to transit
Unavailablegrocery stores within 1 km
Unavailablepublic schools within 1 km
Unavailableparks within 1 km
Price & listing history
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Homsy estimate
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Cost to own
CostKnown monthly carrying costs
$385 / month
Property tax$385
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Sold nearby
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