Home
Ontario
Cornwall
9 FIRST STREET E

$949,900

9 FIRST STREET E, Cornwall, Ontario, K6H 1K5

MLS® # X12612404

Cornwall ON, K6H 1K5

MLS® # X12612404

Property Information:

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. (id:27)

Building Features:

Style: Multiplex
Building Type: Other
Basement Type: None
Exterior Finish: Steel
Floor Space: 3000 - 3500 sqft
Foundation Type:
Heating Type: Baseboard heaters
Heating Fuel: Electric
Cooling Type: None

Property Features:

Property Type: Multi-family
Bedrooms: 6
Bathrooms: 5
Floor Space (approx): 3000 - 3500 Square Feet
Irregular: Yes
Lot Depth: 77 Feet
Lot Frontage: 38.8 Feet
Lot Size: 38.8 x 77 FT
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 4

Courtesy of: RE/MAX AFFILIATES MARQUIS LTD.

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

Location of 9 FIRST STREET E, Cornwall, Ontario, K6H 1K5

Lifestyle
Neighbourhood

Demographic Information of 9 FIRST STREET E, Cornwall, Ontario, K6H 1K5

Life Stage

Later Years

Employment Type

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