501 Fifth Street W, Cornwall, Ontario K6J 2V7

Listed for:
$799,999
9 beds
5 baths
Listed 12 days ago
Other for rent: 501 Fifth Street W, Cornwall, Ontario K6J 2V7

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About

Cross Streets: Brookdale. ** Directions: per map. 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, some 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. (id:27476)

Property Highlights

MLS® Number
X12755470
Type
Multi-family
Community Name
717 - Cornwall
Land Size
50 x 51.7 FT
Parking Space Total
5

Building

Building Type
Other
Square Footage
2500 - 3000 sqft
Bathrooms Total
5
Bedrooms Above Ground
9
Bedrooms Total
9
Exterior Finish
Aluminum siding
Fireplace Present
No
Basement Type
N/A (Unfinished)
Basement Features
Building Heating Type
Other
Heating Fuel
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
CENTURY 21 SHIELD REALTY LTD.
MLS® number:
X12755470
Agent:
Garrett Dagenais
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