225 Louisa Street Cornwall, Ontario K6H 4P9
$764,900
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 $81,346.56 in gross annual rental income, with annual operating expenses of $21,305, resulting in an estimated Net Operating Income of $60,041.56 and an estimated 7.8% cap rate. 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. (id:37229)
Property Details
| MLS® Number | X13192728 |
| Property Type | Multi-family |
| Community Name | 717 - Cornwall |
| ParkingSpaceTotal | 4 |
Building
| BathroomTotal | 6 |
| BedroomsAboveGround | 11 |
| BedroomsTotal | 11 |
| BasementDevelopment | Partially Finished |
| BasementType | Full (partially Finished) |
| CoolingType | None |
| ExteriorFinish | Wood |
| FireplacePresent | No |
| FoundationType | Concrete |
| HeatingFuel | Electric, Natural Gas |
| HeatingType | Baseboard Heaters, Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 3,500 - 5,000 Ft2 |
| Type | Other |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 90 Ft |
| SizeFrontage | 50 Ft |
| SizeIrregular | 50 X 90 Ft |
| SizeTotalText | 50 X 90 Ft |
https://www.realtor.ca/real-estate/29812138/225-louisa-street-cornwall-717-cornwall
Contact Us
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 27 2026 04:36:35
Cornwall & District Real Estate Board
RE/MAX Affiliates Marquis Ltd.