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Royal LePage
Royal LePage
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$699,900

Cornwall ON, K6J 2Y1

MLS® # X12609086

Property Information:

Don't miss out on this 6 plex with an excellent cap rate of 7.88%. The property features 1-3 bdrm unit, 2-2 bdrm units, 1-1 bdrm unit and 2 bachelor apartments. This building is fully rented and very clean. The building is for sale as the present owners are retiring. The property includes 5 fridges and 5 stoves (unit 1 is tenant owned)and a coin operated washer/dryer in the basement. There is a 2.5 car garage that could be converted to storage for extra rental income. The garage shingles were changed end of April, 2025. The property is adjacent to King George park and close to shopping, schools and bus. 48 hours notice for all showings and 48 hours irrevocable on all offers. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 2500 sqft
  • Heating Type: Baseboard heaters
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Public Transit
  • Floor Space (approx): 2500 Square Feet
  • Lot Depth: 132.0 Feet
  • Lot Frontage: 44.6 Feet
  • Zoning: RES

Courtesy of: RE/MAX AFFILIATES MARQUIS LTD.

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 107 SEVENTH STREET W, Cornwall, Ontario, K6J 2Y1

Demographic Information of 107 SEVENTH STREET W, Cornwall, Ontario, K6J 2Y1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$68,738.34

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

28.48 %

High school certificate or equivalent

40.89 %

Apprenticeship trade certificate/diploma

7.32 %

College/non-university certificate

18.87 %

University Degree

4.45 %

Commuter

Travel To Work

By Car

82.8 %

By Public Transit

2.39 %

By Walking

10.87 %

By Bicycle

0.0 %

By Other Methods

3.94 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

27.72 %

Houses

72.28 %

Own Vs. Rent

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