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

310 Louisa Street Cornwall, Ontario K6H 4R1

6 Bedroom 2 Bathroom 1,500 - 2,000 sqft
None Forced Air

$268,000

RENOVATED DUPLEX WITH A POTENTIAL 13.4% CAP RATE! An excellent opportunity for investors or buyers looking to offset their living expenses! This duplex features a beautifully renovated 3-bedroom main-floor unit, currently vacant and move-in ready, with an estimated market rent of $1,900/month. The upper unit is currently rented at $1,800/month, providing immediate rental income. Two parking spaces add convenience. With potential annual gross rental income of $44,400 and a projected 13.4% cap rate based on full occupancy at estimated market rents, this property offers excellent investment potential! Live in one unit while generating income from the other, or add this income-producing property to your portfolio! (id:67947)

Property Details

MLS® Number X14144970
Property Type Multi-family
Community Name 717 - Cornwall
Parking Space Total 2

Building

Bathroom Total 2
Bedrooms Above Ground 6
Bedrooms Total 6
Basement Development Unfinished
Basement Type N/a (unfinished)
Cooling Type None
Exterior Finish Vinyl Siding
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,500 - 2,000 Sqft
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 90 Ft
Size Frontage 25 Ft
Size Irregular 25 X 90 Ft
Size Total Text 25 X 90 Ft

https://www.realtor.ca/real-estate/30474812/310-louisa-street-cornwall-717-cornwall

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Heather Ouderkirk, RE/MAX Affiliates Marquis Ltd.

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Want an introduction? Call or text Nicolas at 613-859-9331 or email Nicolas@SigounisProperties.ca. No referral fees: Nicolas is not paid for these introductions.

Before committing, ask about fees, early repayment charges, closing dates and lender conditions, and request your options and costs in writing. More contacts are in the Sigounis Properties Resource Directory.

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.