705 Walton Street, Cornwall, Ontario K6H 1T8

Listed for:
$698,000
9 beds
4 baths
Listed 17 days ago
Fourplex for rent: 705 Walton Street, Cornwall, Ontario K6H 1T8

View all 12 photos

About

Cross Streets: St Felix St & Belfort Cres. ** Directions: From Second St, Head South ontoSt Felix St. Head East onto Walton St. Property is located on the South Side. An exceptional investment opportunity featuring four rental units with a desirable mix of layouts: Unit 705A offers 2 bedrooms and 1 bathroom, Unit 705B features 4 bedrooms and 1 bathroom, Unit 705C offers 2 bedrooms and 1 bathroom, and Unit 705D includes 1 bedroom and 1 bathroom. Generating $75,359.28 in gross annual rental income, this property offers multiple income streams and an attractive cap rate of approximately 9.30%. Additional highlights include a large yard, double detached garage, and ample parking. With strong rental income and desirable property features, this is an excellent opportunity to expand your investment portfolio. (id:27476)

Property Highlights

MLS® Number
X14124732
Type
Multi-family
Community Name
717 - Cornwall
Land Size
59 x 100 FT
Parking Space Total
6

Building

Building Type
Fourplex
Storeys
2.00
Square Footage
2500 - 3000 sqft
Bathrooms Total
4
Bedrooms Above Ground
9
Bedrooms Total
9
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
Full (Partially finished)
Basement Features
Building Heating Type
Baseboard heaters, Radiant heat
Heating Fuel
Electric, Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
RE/MAX AFFILIATES MARQUIS LTD.
MLS® number:
X14124732
Agent:
Taylor Gingras
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).