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Home ON Greater Cornwall Cornwall Downtown
126 EIGHTH STREET W
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126 EIGHTH STREET W $459,000
$459,000
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126 EIGHTH STREET W
Cornwall, Ontario K6J2Z4

MLS® Number: X12017671
5
Bathrooms
-
Square Feet

Listing Description

Newly Renoed, 7+1 Bedrooms, 5 Bathrooms, 4 Kitchens and 4 separate entrances on 3 levels. Wow! With breakeven at ~$400 per room, there is immediate positive cashflow which makes this an ideal turnkey opportunity for first time property investors. The house has a flexible layout which makes it easy to combine or subdivide into multiple units with separate entrances. Don't worry about major repairs and surprises, since this house has been upgraded inside and out including security system, remote monitoring, paved driveway, waterproofing, and new decks. Unlike other properties where you are tied to legacy tenants paying way below market value, for this property, you are starting from a clean slate and can build the business as you see fit. Just bring your best tenants or move into one and have the renters pay for all your expenses. The house was rented out for $4945 per month with the owner occupying the basement level (documentation available for serious clients). A rare opportunity in a great Cornwall location with walking distance to Farm Boy, Tim Horton's, Walmart, Beer Store, Transit and much more. Not to be missed., Flooring: New carpet, Hardwood & Laminate (40038114)

Location Description

Pitt St & Eight St

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
3
Community Name
717 - Cornwall
Land Size
34 x 164 Acre
Annual Property Taxes
$2,506
Parking Type
No Garage
Time on REALTOR.ca
12 days

Building

Bathrooms
Total
5
Interior Features
Basement Type
N/A (Finished)
Building Features
Foundation Type
Block, Concrete
Structures
Deck
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Parking
Parking Type
No Garage
Total Parking Spaces
4
Data provided by: Cornwall & District Real Estate Board 103 11th Street West, CORNWALL, Ontario K6J 3A8

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