ON > Cornwall > 717 - Cornwall
Cornwall, ON K6J 2Z4,126 Eighth ST W
Cornwall, ON K6J 2Z4,126 Eighth ST W
Cornwall, ON K6J 2Z4,126 Eighth ST W
Cornwall, ON K6J 2Z4,126 Eighth ST W
Cornwall, ON K6J 2Z4,126 Eighth ST W
Cornwall, ON K6J 2Z4,126 Eighth ST W
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Mahesh Khatri

Mahesh Khatri

+1(416) 464-6568
$ 459,000
Est. payment | /mo

5 Baths

Save
$ 459,000
Est. payment | /mo
Save

5 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision 717 - Cornwall

MLS Listing ID X12017671

Style 3-Storey

Annual Tax Amount $2,506

Tax Year 2024

Property Sub-Type Duplex

Property Description

Newly Renoed, 7+1 Bedrooms, 5 Bathrooms, 4 Kitchens and 4 separate entrances on 3 levels. Wow! With breakeven at ~$400 per room, there is immediate positive cashflow which makes this an ideal turnkey opportunity for first time property investors. The house has a flexible layout which makes it easy to combine or subdivide into multiple units with separate entrances. Don't worry about major repairs and surprises, since this house has been upgraded inside and out including security system, remote monitoring, paved driveway, waterproofing, and new decks. Unlike other properties where you are tied to legacy tenants paying way below market value, for this property, you are starting from a clean slate and can build the business as you see fit. Just bring your best tenants or move into one and have the renters pay for all your expenses. The house was rented out for $4945 per month with the owner occupying the basement level (documentation available for serious clients). A rare opportunity in a great Cornwall location with walking distance to Farm Boy, Tim Horton's, Walmart, Beer Store, Transit and much more. Not to be missed., Flooring: New carpet, Hardwood & Laminate

Location

Province ON

County Stormont, Dundas And Glengarry

Community 717 - Cornwall

Area Stormont, Dundas And Glengarry

Rooms

Family Room No

Basement Finished

Kitchen 0

Interior

Interior Features None

Cooling None

Exterior

Exterior Feature Deck

Parking Features Private Double

Pool None

Roof Type Asphalt Shingle,Tar and Gravel

Lot Frontage 34.0

Lot Depth 164.0

Total Parking Spaces 4

Building

Foundation Block, Concrete

Others

Senior Community No

Listed by EXSELLENCE TEAM REALTY INC.
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

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126 Eighth ST W