Gurvinder Nokwal REALTOR®
For Sale Multiplex 144 days on market

$730,000 ↓ $34,900 from $764,900

Est. payment $3,232/moCalculate yours

225 Louisa Street, Cornwall, ON K6H 4P9

717 - Cornwall, Cornwall, ON K6H 4P9

  • 11 Beds
  • 6 Baths
  • 3,500 Sq Ft
Map

Listing courtesy of RE/MAX AFFILIATES MARQUIS LTD. MLS® X13192728

About this home

Rare opportunity to acquire a fully tenanted 6-unit income property offering strong cash flow and excellent long-term investment potential. Featuring a desirable mix of spacious 1, 2, and 3-bedroom units, this property provides broad tenant appeal and reliable rental stability. The building currently generates $75,519.12 in gross annual rental income, with annual operating expenses of $21,282, resulting in an estimated Net Operating Income (NOI) of $54,237.12. Several units offer all-inclusive living, contributing to strong tenant retention and consistent occupancy. Conveniently located close to St. Lawrence College, public transit, shopping, and other amenities, this income-producing property presents an excellent opportunity for investors seeking stable returns, consistent income performance, and future growth potential. Minimum 24-hour notice required for all showings. Please allow 48-hour irrevocable on all offers.

Property details

Overview

Property Type
Multiplex
Style
2-Storey
For
For Sale
Status
Price Change
Size
3,500 sqft

Interior

Bedrooms
11
Bathrooms
6
Kitchens
6
Basement
Full, Partially Finished

Building & Systems

Heating
Baseboard (Electric)
Cooling
None
Exterior
Wood
Foundation
Concrete
Roof
Shingles
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
50 x 90 Feet
Parking
None garage · 4 total

Financial

Property Taxes
$4,623 (2025)

Location

Neighbourhood
717 - Cornwall
Cross Street
Montreal rd and Walton St.
Direction Faces
West

Listing

MLS® Number
X13192728
Days on Market
144
Listed On
2026-05-27
Possession
TBA
Listed By
RE/MAX AFFILIATES MARQUIS LTD.

Features

Interior

  • None

Pool

  • None
Excluded
Tenant belongings.

Mortgage calculator

Minimum for this price: $48,000 (6.58%)

Amortization, years

Estimated mortgage payment

$3,232 per month

Principal and interest
$3,232
Property tax
$385
Estimated monthly cost
$3,618

Your mortgage

Mortgage amount
$584,000
Mortgage insurance
Not needed
Interest over 25 years
$385,685

Cash to close

Down payment
$146,000
Land transfer tax
$11,075
Total, before legal fees
$157,075
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

225 Louisa Street, Cornwall, ON K6H 4P9 717 - Cornwall, Cornwall, ON K6H 4P9
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$730,000 225 Louisa Street, Cornwall, ON K6H 4P9
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