Size
-
Lot size
3352 sqft
Street frontage
-
Possession
Flexible
Price per sqft
-
Taxes
$1,953 (2024)
Parking Type
-
Style
2-Storey
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Description
Investor Alert! This turnkey duplex in Cornwall delivers exceptional cash flow, generating over $30,000 in net income annually, with a cap rate exceeding 8%. Fully leased with reliable tenants, this property is an excellent addition to any investment portfolio. Each 3-bedroom unit is approximately 700 sq. ft. and has been renovated to enhance tenant appeal. The lower unit was updated in 2024 with new flooring, kitchen, lighting, paint, doors, and some new windows, while the upper unit, renovated in 2020, features a new kitchen, fresh paint, and updated baseboard heaters. The landlord-owned appliances add further value, and with tenants covering their own utilities (except water/sewer), operating costs remain low. Located in a high-demand rental market, this income-generating property offers strong returns from day one. Don't miss out! Contact us today for financials or to schedule a viewing!
Broker: CENTURY 21 SYNERGY REALTY INC
MLS®#: X12026759
Property details
Parking:
4
Parking type:
-
Property type:
Duplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
-
Lot front:
26 Ft
Lot depth:
127 Ft
Listed on:
Mar 18, 2025
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Instant estimate:
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$5,247
higher than listed pricei
High
$404,569
Mid
$380,147
Low
$369,805
1/16
$359,900
15 days
3BD
2BA
4 Parking
1,100-1,500 sqft
MLS#: X12061405
RE/MAX AFFILIATES MARQUIS LTD.
1/10
$349,900
21 days
3BD
3BA
2 Parking
1,500-2,000 sqft
MLS#: X12048669
RE/MAX AFFILIATES MARQUIS LTD.
1/12
$389,000
59 days
3BD
1BA
1 Parking
1,100-1,500 sqft
MLS#: X11979737
ROYAL LEPAGE PERFORMANCE REALTY
