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$ 3,000,000
Est. payment | /mo
1 Sqft Lot
$ 3,000,000
Est. payment | /mo
1 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Subdivision Cornwall
MLS® Listing ID 202605340
Lot Size 1 Sqft
Acres 3.1450872E-5
Property Sub-Type Condo
Property Description
High-Performing 12-Unit Investment Opportunity in Cornwall! Positioned in one of Cornwall?s fastest-growing rental markets, this 12-unit, two-building property offers a compelling opportunity for investors seeking stable cash flow and long-term income growth. The asset is comprised of ten 2-bedroom units and two 1-bedroom units, a highly desirable unit mix that consistently attracts quality tenants. With a proven track record of full occupancy and reliable income, this property delivers immediate returns with minimal operational lift. Each unit is fully equipped with modern, tenant-focused features, including in-suite laundry, heat pumps, and complete appliance packages (fridge, stove, microwave, dishwasher, washer, and dryer) supporting strong rental demand and tenant retention. Significant recent upgrades include the addition of solar panels, improving overall efficiency and contributing to reduced operating expenses and stronger net income performance. This is a turn-key, professionally maintained asset ideal for investors looking to scale their portfolio with a low-vacancy, income-generating property in a high-demand location. (id:24570)
Location
Zoning Multi-Family
Rooms
Kitchen 0.0
Interior
Heating Wall Mounted Heat Pump, Radiant heat, ,
Flooring Carpeted, Ceramic Tile, Laminate
Exterior
Parking Features No
Community Features School Bus
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by ROYAL LEPAGE PRINCE EDWARD REALTY
NEARBY SCHOOL & BUSINESS
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