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Est. payment /mo
2,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Subdivision 717 - Cornwall
MLS Listing ID X12609086
Annual Tax Amount $3,878
Tax Year 2025
Property Sub-Type Investment
Property Description
Don't miss out on this 6 plex with an excellent cap rate of 7.85%. The property features 1-3 bdrm unit, 2-2 bdrm units, 1-1 bdrm unit and 2 bachelor apartments. This building is fully rented and very clean. The building is for sale as the present owners are retiring. The property includes 5 fridges and 5 stoves (unit 1 is tenant owned)and a coin operated washer/dryer in the basement. There is a 2.5 car garage that could be converted to storage for extra rental income. The garage shingles were changed end of April, 2025. The property is adjacent to King George park and close to shopping, schools and bus. 48 hours notice for all showings and 48 hours irrevocable on all offers.
Location
Province ON
County Stormont, Dundas And Glengarry
Area Stormont, Dundas And Glengarry
Zoning RES
Interior
Cooling No
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 44.6
Lot Depth 132.0
Others
Security Features No
ParcelsYN No
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Listed by RE/MAX AFFILIATES MARQUIS LTD.
Nearby School & Business
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