225 Louisa Street,Cornwall, ON K6H 4P9
Cornwall, ON K6H 4P9
Description
Rare opportunity to acquire a fully tenanted 6-unit income property offering strong cash flow and excellent long-term investment potential. Featuring a desirable mix of spacious 1, 2, and 3-bedroom units, this property provides broad tenant appeal and reliable rental stability. The building currently generates $75,519.12 in gross annual rental income, with annual operating expenses of $21,282, resulting in an estimated Net Operating Income (NOI) of $54,237.12. Several units offer all-inclusive living, contributing to strong tenant retention and consistent occupancy. Conveniently located close to St. Lawrence College, public transit, shopping, and other amenities, this income-producing property presents an excellent opportunity for investors seeking stable returns, consistent income performance, and future growth potential. Minimum 24-hour notice required for all showings. Please allow 48-hour irrevocable on all offers.
Details
| MLS # | X13192728 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 106 |
| Listing Provided By | RE/MAX AFFILIATES MARQUIS LTD. | X13192728 480500 |
Features
| Bed(s) | 11 |
|---|---|
| Bath(s) | 6 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.10 |
Interior
| Interior Features | None |
|---|---|
| Cooling | None |
| Heat Source | Electric |
| Fireplace Yes / No | No |
Exterior
| Roof | Shingles |
|---|---|
| Foundation Details | Concrete |
| Construction Materials | Wood |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 4623 |
|---|---|
| Tax Legal Description | LT 114 PL 24; PT LT 115 PL 24 AS IN S309436; CORNWALL |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Stormont, Dundas and Glengarry |
| City | Cornwall |
| Postal Code | K6H 4P9 |
| Area | 717 Cornwall |
| Listing VS Median (in K6H 4P9) | |
Price: $764,900 low | high Med: $0 On site: 106 low | high Med: | |
Request a showing
Request a showing
Contact
Learn More About This Property
| Province | ON |
|---|---|
| Region | Stormont, Dundas and Glengarry |
| City | Cornwall |
| Postal Code | K6H 4P9 |
| Area | 717 Cornwall |
| Listing VS Median (in K6H 4P9) | |
Price: $764,900 low | high Med: $0 On site: 106 low | high Med: | |
