225 Louisa Street,Cornwall, ON K6H4P9
Cornwall, ON K6H4P9
Description
Rare opportunity to acquire a fully tenanted 6-unit income property offering strong cash flow and excellent long-term investment potential. Featuring a desirable mix of spacious 1, 2, and 3-bedroom units, this property provides broad tenant appeal and reliable rental stability. The building currently generates $75,519.12 in gross annual rental income, with annual operating expenses of $21,282, resulting in an estimated Net Operating Income (NOI) of $54,237.12. Several units offer all-inclusive living, contributing to strong tenant retention and consistent occupancy. Conveniently located close to St. Lawrence College, public transit, shopping, and other amenities, this income-producing property presents an excellent opportunity for investors seeking stable returns, consistent income performance, and future growth potential. Minimum 24-hour notice required for all showings. Please allow 48-hour irrevocable on all offers. (id:13843)
Details
| MLS # | X13192728 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 157 |
| Listing Provided By | RE/MAX AFFILIATES MARQUIS LTD. | TAYLOR GINGRAS |
Features
| Bed(s) | 11 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 3,500 |
| Basement | Y |
| Story(s) | 2 |
Interior
| Cooling | None |
|---|---|
| Heating | Baseboard heaters, Forced air, Electric, Natural gas |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Concrete |
|---|
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 4 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 4623 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | Cornwall |
| Postal Code | K6H4P9 |
| Listing VS Median (in K6H4P9) | |
Price: $730,000 low | high Med: $722,450 sqft: 3,500 low | high Med: 3,250 $ / sqft: $209 low | high Med: $223 On site: 157 low | high Med: 157 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Cornwall |
| Postal Code | K6H4P9 |
| Listing VS Median (in K6H4P9) | |
Price: $730,000 low | high Med: $722,450 sqft: 3,500 low | high Med: 3,250 $ / sqft: $209 low | high Med: $223 On site: 157 low | high Med: 157 | |
