$530,000
Available - For Sale
Listing ID: X13765952
401-403 Water Street East , Cornwall, K6H 1A6, Stormont, Dundas
| Are you looking for a wonderful property for your investment portfolio? Look no further. This 5-plex is centrally located near the St. Lawrence and all its amenities, including the mall, bus routes, and local shops. While originally built in 1986, the property has been well-maintained with a brick exterior makeover, new roof shingles in 2020, and new sidewalks on the corner and west side. The building features two larger units on the ground floor with spacious living rooms and kitchens, plus three units on the upper level, one of which has been recently renovated. Each unit has a separate hydro meter. New tenants can be signed as rent + hydro (one upper unit is already paying their own hydro). Hot water is provided by a cost-saving, gas, on-demand system. Each unit includes its own laundry hookups, with the exception of one upper unit. There 4 parking spots at the back of the building. Schedule your showing to check out this cared-for 5 plex. "Other" expense is natural Gas $785.64/year for on demand HW. 48 hour notice required for showings. |
| Price | $530,000 |
| Taxes: | $5262.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 401-403 Water Street East , Cornwall, K6H 1A6, Stormont, Dundas |
| Postal Code: | K6H 1A6 |
| Province/State: | Stormont, Dundas |
| Legal Description: | PT LT 3 N/S WATER ST PL CORNWALL AS IN S |
| Directions/Cross Streets: | Gloucester |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Building Percentage: | T |
| Total Area: | 4195.00 |
| Total Area Code: | Square Feet |
| Management Expense: | 0 |
| Water Expense: | $1294 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | No |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE PERFORMANCE REALTY |
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Zulakha Ghafoor
Sales Representative
Dir:
647-269-9646
Bus:
416.898.8932
Fax:
647.955.1168
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Stormont, Dundas and Glengarry |
| Municipality: | Cornwall |
| Neighbourhood: | 717 - Cornwall |
| Tax: | $5,262 |
| Fireplace: | N |
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