501 Fifth Street W

Cornwall

501 Fifth Street W
501 Fifth Street W
501 Fifth Street W
+7
9
 bed
5
 bath
5
 parking
2500 - 3000
 sqft
Multiplex
$799,999
For Sale
11 hours
 on site
$799,999
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Size
-
Lot size
2583 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$267 - $320
Taxes
$2,139 (2025)
Parking Type
-
Style
Other
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Description
Well-maintained 5-unit multiplex located in the heart of Cornwall, offering great value-add opportunity. This centrally located property is steps to public transit and close to schools, shopping, and everyday amenities-making it highly attractive to students, seniors, and working professionals alike. Significant capital improvements have been completed over the last four years, including roof shingles, most windows, hot water tanks, updated flooring, fresh paint, and other interior upgrades, providing a solid foundation for the next owner. The building features five self-contained units, municipal water and sewer, and on-site parking. With strong rental demand in the area and clear opportunities to increase rents, renovate, and optimize the unit mix, this property offers substantial upside for a savvy investor. Ideal for both seasoned investors and those looking to expand their multi-residential portfolio in a growing Eastern Ontario market. Flexible possession available. A rare opportunity to acquire a well-located asset with immediate and long-term upside potential.
Broker: CENTURY 21 SHIELD REALTY LTD.
MLS®#: X12755470
Property details
Parking:
5
Parking type:
-
Property type:
Multiplex
Heating type:
Other
Style:
Other
MLS Size:
2500-3000 sqft
Lot front:
50 Ft
Lot depth:
51 Ft
Listed on:
Feb 3, 2026
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Instant estimate:
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$9,483
lower than listed price
i
High
$841,303
Mid
$790,516
Low
$769,011
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903 Riverdale Avenue
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$699,900
32 days
903 Riverdale Avenue
3+1BD
4BA
10 Parking
2,500-3,000 sqft
MLS#: X12656526
CENTURY 21 SHIELD REALTY LTD.
32 days

About 501 Fifth Street W

Located at 501 Fifth Street W, this Cornwall multiplex is available for sale. It has been listed at $799999 since February 2026. This 2500-3000 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.