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$3,400,000
Available - For Sale
Listing ID: X13046294
This great twelve-unit apartment building is a standout opportunity in Cornwall's competitive rental market, where quality units lease almost immediately due to strong demand and limited supply.Perfectly positioned in prime North Cornwall, it's just minutes from FreshCo for everyday shopping, excellent schools, beautiful parks, and the popular Cornwall Aquatic Centre featuring a competition pool, leisure pool, two-storey waterslide, and whirlpool.Tenants enjoy modern finishes, a peaceful family-friendly neighbourhood, and unbeatable convenience to everything they need. Sitting on over an acre with excellent long-term growth potential, this turnkey multifamily asset offers reliable cash flow and real upside in one of Eastern Ontario's most promising communities.
Price $3,400,000
Taxes: $21,165
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 822 Marlborough Street North , Cornwall, K6H 4B4, Stormont, Dundas
Postal Code: K6H 4B4
Province/State: Stormont, Dundas
Directions/Cross Streets: Ninth St E at Marlborough St
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 12,000
Total Area Code:  Square Feet
Financial Statement: F
Chattels: T
Franchise: F
Maintenance: 0
Vacancy Allowance: 1800
Net Income Before Debt: $177635
Expenses Actual/Estimated: $Est
Heat Type: Baseboard
Central Air Conditioning: No
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Interest Rate: %  
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE TEAM REALTY

822 Marlborough Street North , Cornwall, K6H 4B4, Stormont, Dundas

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Com - Investment
Area: Stormont, Dundas and Glengarry
Municipality: Cornwall
Neighbourhood: 717 - Cornwall
Style:
Lot Size: x 352.00(Feet)
Approximate Age:
Tax: $21,165
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908