$374,900
Last price change Mar 28
415 McConnell Avenue, Cornwall, ON K6H 4L8
Property Description
Property type
Duplex
Lot size
N/A
Style
2-Storey
Approx. Area
1100-1500 Sqft
About 415 McConnell Avenue
Investor Alert! This turnkey duplex in Cornwall delivers exceptional cash flow, generating over $30,000 in net income annually, with a cap rate exceeding 8%. Fully leased with reliable tenants, this property is an excellent addition to any investment portfolio. Each 3-bedroom unit is approximately 700 sq. ft. and has been renovated to enhance tenant appeal. The lower unit was updated in 2024 with new flooring, kitchen, lighting, paint, doors, and some new windows, while the upper unit, renovated in 2020, features a new kitchen, fresh paint, and updated baseboard heaters. The landlord-owned appliances add further value, and with tenants covering their own utilities (except water/sewer), operating costs remain low. Located in a high-demand rental market, this income-generating property offers strong returns from day one. Don't miss out! Contact us today for financials or to schedule a viewing!
Home Overview
Last updated
Mar 28
Virtual tour
None
Basement information
Separate Entrance
Building size
--
Status
In-Active
Property sub type
Duplex
Maintenance fee
$N/A
Year built
--
Additional Details
Price Comparison
Location

Angela Yang
Sales Representative, ANCHOR NEW HOMES INC.
MORTGAGE INFO
ESTIMATED PAYMENT
Some information about this property - McConnell Avenue

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