Turnkey 4-Plex Investment in Cornwall with Positive Cash Flow. A fantastic opportunity to own income-generating 4-plex in the growing community of Cornwall, Ontario. A city that continues to attract smart investors seeking affordability, stability, and upside potential. Located in a well-established neighbourhood, this purpose-built 4plex features four 2-bedroom units, each with its own front and rear entrance, separately metered utilities, and dedicated parking in the rear. Tenants enjoy the warmth of hardwood floors throughout and thoughtful, functional layouts that offer long-term livability. Even more value, both main floor units include full, unfinished basements, offering potential for added storage or finish the basement to increase value. Key Investment Features: Four 2-bedroom units. Positive monthly cash flow. All units have separate hydro meters. Hardwood flooring throughout. Front and rear entrances for each unit. Parking for each tenant. Full unfinished basements in main-level units. Low-maintenance, solid building. Why Cornwall? Affordability: One of Ontarios most affordable markets with strong rental demand. Growing Local Economy: Supported by logistics, manufacturing, and commercial development. Waterfront Community: Located along the St. Lawrence River with parks, trails, and outdoor recreation. Quick Access: Just over an hour to Ottawa or Montreal, perfect for commuters and hybrid workers, Investor-Friendly: Favourable cap rates, growing tenant base, and pro-development local policies. Whether you're a seasoned investor, looking to move in with tenants paying your mortgage, looking to expand your portfolio or a first-time multi-unit buyer, this Cornwall 4-plex checks all the boxes for long-term income, tenant appeal, and market growth. |
Price | $489,000 |
Taxes: | $3267.00 |
Assessment Year: | 2024 |
Occupancy: | Tenant |
Address: | 213 Guy Stre , Cornwall, K6H 4V1, Stormont, Dundas |
Directions/Cross Streets: | EASTON |
Rooms: | 20 |
Bedrooms: | 8 |
Bedrooms +: | 0 |
Family Room: | F |
Basement: | Unfinished, Full |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 4 | |
Washroom Type 7 | 0 | |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 | |
Washroom Type 11 | 4 | |
Washroom Type 12 | 0 | |
Washroom Type 13 | 0 | |
Washroom Type 14 | 0 | |
Washroom Type 15 | 0 | |
Washroom Type 16 | 4 | |
Washroom Type 17 | 0 | |
Washroom Type 18 | 0 | |
Washroom Type 19 | 0 | |
Washroom Type 20 | 0 | |
Washroom Type 21 | 4 | |
Washroom Type 22 | 0 | |
Washroom Type 23 | 0 | |
Washroom Type 24 | 0 | |
Washroom Type 25 | 0 |
Total Area: | 0.00 |
Property Type: | Fourplex |
Style: | 2-Storey |
Exterior: | Aluminum Siding |
Garage Type: | None |
(Parking/)Drive: | Lane |
Drive Parking Spaces: | 5 |
Park #1 | |
Parking Type: | Lane |
Park #2 | |
Parking Type: | Lane |
Pool: | None |
Approximatly Square Footage: | 2500-3000 |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Forced Air |
Central Air Conditioning: | None |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
EXP REALTY |
|
Book Showing | Email a Friend |
Type: | Freehold - Fourplex |
Area: | Stormont, Dundas and Glengarry |
Municipality: | Cornwall |
Neighbourhood: | 717 - Cornwall |
Style: | 2-Storey |
Tax: | $3,267 |
Beds: | 8 |
Baths: | 4 |
Fireplace: | N |
Pool: | None |