13
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$524,900
Est. payment /mo
8 Beds
3 Baths
New
454 Eighth ST E Cornwall, ON K6H 2T2
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision 717 - Cornwall
MLS Listing ID X12440499
Style 3-Storey
Bedrooms 8
Annual Tax Amount $3,343
Tax Year 2024
Property Sub-Type Triplex
Property Description
Fantastic Investment Opportunity! This well-maintained triplex offers a total of 8 bedrooms across three spacious units, each with strong rental income: Unit 450 ($1,291.51), Unit 452 ($1,750.00), and Unit 454 ($1,550.00). That's over $4,500/month in gross rents, with a Net Operating Income (NOI) of $45,841.64! Each unit is separately metered (4 hydro meters on site), making management simple and efficient. The property includes an attached garage ideal for tenant storage or additional income, plus three backyard sheds for even more storage options. Whether you're looking to expand your portfolio or house-hack, this property is a must-see! 24 Hour Notice for all showings, 48 Hour Irrevocable on all offers as per form 244.
Location
Province ON
County Stormont, Dundas And Glengarry
Community 717 - Cornwall
Area Stormont, Dundas And Glengarry
Rooms
Family Room Yes
Basement Partial Basement
Kitchen 3
Interior
Interior Features Carpet Free
Cooling None
Fireplace No
Heat Source Gas
Exterior
Garage Spaces 4.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 44.0
Lot Depth 91.06
Total Parking Spaces 4
Building
Foundation Concrete
Listed by RE/MAX AFFILIATES MARQUIS LTD.
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