231 Louisa Street, Cornwall

Cornwall

231 Louisa Street
231 Louisa Street
231 Louisa Street
+8
9
 bed
5
 bath
3
 parking
3000 - 3500
 sqft
Multiplex
$749,900
For Sale
47 days
 on site
$749,900
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Size
-
Lot size
4500 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$214 - $250
Taxes
$1,662 (2025)
Parking Type
-
Style
2-Storey
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Description
Welcome to your next investment opportunity! This fully tenanted 5-plex offers a rare combination of strong cash flow, reliable rental income, and long-term growth potential. Generating approximately $81,000 in gross annual income and an estimated 8% cap rate, this income-producing property is well positioned for investors seeking solid returns from day one. Comprised of five self-contained residential units with established tenants in place, the building provides dependable revenue while benefiting from continued demand for quality rental housing. Conveniently located close to shopping, schools, parks, public transit, and other everyday amenities, the property appeals to a wide range of tenants and supports long-term occupancy. Whether you're expanding an existing portfolio or entering the multi-family market, this 5-plex represents an excellent opportunity to acquire a well-performing asset with proven income and future upside potential. A minimum of 24 hours' notice is required for all showings. Please allow 48 hours irrevocable on all offers as per Form 244.
Broker: RE/MAX AFFILIATES MARQUIS LTD.
MLS®#: X13178748
Property details
Parking:
3
Parking type:
-
Property type:
Multiplex
Heating type:
Baseboard
Style:
2-Storey
MLS Size:
3000-3500 sqft
Lot front:
50 Ft
Lot depth:
90 Ft
Listed on:
May 26, 2026
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Instant estimate:
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$21,000
lower than listed price
i
High
$775,728
Mid
$728,900
Low
$709,071
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About 231 Louisa Street

231 Louisa Street is a Cornwall multiplex for sale. 231 Louisa Street has an asking price of $749900, and has been on the market since May 2026. This 3000-3500 sqft multiplex has 9 beds and 5 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this multiplex.

Getting around the area will require a vehicle, as there are no nearby transit stops.