Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

95 Lefebvre Avenue Cornwall, Ontario K6H 5G6

6 Bedroom 2 Bathroom 700 - 1,100 sqft
Raised Bungalow None Baseboard Heaters

$315,000

Excellent Investment Opportunity - 9%+ Cap Rate! Great opportunity for an investor to add a cash-flowing property to their portfolio. This duplex has undergone significant renovations and improvements, with the current property offering a cap rate of over 9%. The basement unit was fully renovated in 2024 under permit, bringing the unit up to Ontario Building Code requirements. Improvements include a complete replacement of the sewer lateral, both inside and outside the property, a new water line inside and outside, as well as new basement windows and doors. The upper unit was renovated in 2024, including new electric baseboard heating, lighting, flooring, and a new bathroom. Additional exterior improvements include a new metal roof installed in 2024 and new eavestroughs installed in 2025. With substantial recent improvements, strong rental income, and a current cap rate of over 9%, this property presents an opportunity for an investor looking for a partially renovated, income-producing property with potential to continue growing their portfolio. As per form 244 all offers to contain a 48-hour irrevocability. All showings require minimum 48 hours notice. (id:67947)

Property Details

MLS® Number X13801918
Property Type Multi-family
Neigbourhood Glenview Heights
Community Name 717 - Cornwall
Features Carpet Free
Parking Space Total 3

Building

Bathroom Total 2
Bedrooms Above Ground 6
Bedrooms Total 6
Architectural Style Raised Bungalow
Basement Features Apartment In Basement
Basement Type N/a
Cooling Type None
Exterior Finish Aluminum Siding
Foundation Type Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 1
Size Interior 700 - 1,100 Sqft
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 108 Ft ,10 In
Size Frontage 26 Ft ,6 In
Size Irregular 26.5 X 108.9 Ft
Size Total Text 26.5 X 108.9 Ft

https://www.realtor.ca/real-estate/30298299/95-lefebvre-avenue-cornwall-717-cornwall

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Nick Longchamps, RE/MAX Affiliates Marquis Ltd.

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Estimate only. This is not a rate offer or a mortgage approval. Payments use Canadian semi-annual compounding. Insurance premiums, taxes and rates can change, and legal fees, adjustments and other closing costs are not included. Confirm your numbers with your lender.