126 Eighth Street, Cornwall, ON Image 1

$459,000

Duplex For Sale
MLS - #X12017671
1 day ago- By EXSELLENCE TEAM REALTY INC.

126 Eighth Street, Cornwall, ON K6J 2Z4

0 Bed
5 Bath
1500-2000 Sqft.
None Garage

Property Description

Property type

Duplex

Lot size

N/A

Style

3-Storey

Approx. Area

1500-2000 Sqft

About 126 Eighth Street

Newly Renoed, 7+1 Bedrooms, 5 Bathrooms, 4 Kitchens and 4 separate entrances on 3 levels. Wow! With breakeven at ~$400 per room, there is immediate positive cashflow which makes this an ideal turnkey opportunity for first time property investors. The house has a flexible layout which makes it easy to combine or subdivide into multiple units with separate entrances. Don't worry about major repairs and surprises, since this house has been upgraded inside and out including security system, remote monitoring, paved driveway, waterproofing, and new decks. Unlike other properties where you are tied to legacy tenants paying way below market value, for this property, you are starting from a clean slate and can build the business as you see fit. Just bring your best tenants or move into one and have the renters pay for all your expenses. The house was rented out for $4945 per month with the owner occupying the basement level (documentation available for serious clients). A rare opportunity in a great Cornwall location with walking distance to Farm Boy, Tim Horton's, Walmart, Beer Store, Transit and much more. Not to be missed., Flooring: New carpet, Hardwood & Laminate

Home Overview

Last updated

1 day ago

Virtual tour

None

Basement information

Finished

Building size

--

Status

In-Active

Property sub type

Duplex

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:Finished
Cooling:None
Heating:Forced Air
Parking Features:Private Double
0
Similar Homes Found
$0
Average Price
45900000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

Walking Icon

Walk Score for 126 Eighth Street

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$1753.07/ month
$367,200 Principal and Interest

Some information about this property - Eighth Street

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