126 EIGHTH STREET W, Cornwall, Ontario, CA

Address: 126 EIGHTH STREET W, Cornwall, Ontario

0 Beds1 Baths0 sqftStatus: Buy
Price $459,000

Property Overview


Newly Renoed, 7+1 Bedrooms, 5 Bathrooms, 4 Kitchens and 4 separate entrances on 3 levels. Wow! With breakeven at ~$400 per room, there is immediate positive cashflow which makes this an ideal turnkey opportunity for first time property investors. The house has a flexible layout which makes it easy to combine or subdivide into multiple units with separate entrances. Don't worry about major repairs and surprises, since this house has been upgraded inside and out including security system, remote monitoring, paved driveway, waterproofing, and new decks. Unlike other properties where you are tied to legacy tenants paying way below market value, for this property, you are starting from a clean slate and can build the business as you see fit. Just bring your best tenants or move into one and have the renters pay for all your expenses. The house was rented out for $4945 per month with the owner occupying the basement level (documentation available for serious clients). A rare opportunity in a great Cornwall location with walking distance to Farm Boy, Tim Horton's, Walmart, Beer Store, Transit and much more. Not to be missed., Flooring: New carpet, Hardwood & Laminate (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Duplex
Storeys
3
Community Name
717 - Cornwall
Land Size
34 x 164 Acre
Parking Type
No Garage
Building
Interior Features
Basement Type
N/A (Finished)
Building Features
Foundation Type
Block, Concrete
Structures
Deck
Heating & Cooling
Heating Type
Forced air
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Parking
Parking Type
No Garage
Total Parking Spaces
4
Features
           No Garage
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Your Home Finance Calculation

Property Price CA $459,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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