Cross Streets: Cornwall Centre Road. ** Directions: Travel north on County Rd 138 to Cornwall Centre Rd. Turn left and then immediately right onto Cadeb Ave. Property is on the left. Welcome to this 1,088 sq. ft. townhome located in Cornwall's desirable north end in a convenient and well-established neighbourhood close to schools, shopping, and services. The main floor features a functional layout with a working kitchen, dining area, and living room that opens to a fenced backyard with a covered deck ideal for outdoor use year-round. Upstairs, you'll find three bedrooms and a full four-piece bath, while the finished basement offers a spacious recreation room, a two-piece bath, and storage space. The home is heated by electricity, giving the tenant a single utility bill to manage. The property is currently tenanted at $1,600 per month, with the tenant responsible for utilities. The long-term tenant has occupied the home for five years and wishes to remain. This property currently provides an approximate 5% CAP rate, with room for future rent increases, offering an investor stable income and potential upside. With its solid tenancy, practical layout, and great north-end location, this townhome presents a strong addition to any real estate portfolio. (id:27476)
