$585,000
↓ $45,000 from $630,000
Est. payment $2,590/moCalculate yours
1448 St Michel Avenue, Cornwall, ON K6H 3M8
717 - Cornwall, Cornwall, ON K6H 3M8
- 6 Beds
- 4 Baths
- 3,000 Sq Ft
Listing courtesy of EXSELLENCE TEAM REALTY INC. MLS® X13654788
About this home
Prime multi unit investment opportunity in a great location in Cornwall! This turn key fourplex features spacious well maintained units including two comfortable 2 bedroom layouts along with 2 large 1 bedroom units with strong rental history. Each unit offers functional kitchens, full bathrooms, and generous living spaces that attract quality tenants. Exceptional potential for both seasoned investors and buyers looking to add a cash flowing asset to their portfolio. Separately metered utilities, ample tenant parking, and a low maintenance exterior. Situated close to public transit, parks, and downtown amenities. Exceptional tenant retention with room for future rent upside. Dont miss this solid turn-key addition to your real estate portfolio - book a private viewing today! Additionally, two other fourplexes are currently available for purchase! Please refer to MLS numbers X13654796 & X13654790 for full details.
Property details
Overview
- Property Type
- Fourplex
- Style
- 2-Storey
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 51-99
- Size
- 3,000 sqft
Interior
- Bedrooms
- 6
- Bathrooms
- 4
- Kitchens
- 4
- Basement
- Walk-Up
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- None, Window Unit(s)
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 60 x 100 Feet
- Parking
- None garage · 23 total
Financial
- Property Taxes
- $4,508 (2025)
Location
- Neighbourhood
- 717 - Cornwall
- Cross Street
- Balmoral Av.
- Direction Faces
- West
Listing
- MLS® Number
- X13654788
- Days on Market
- 71
- Listed On
- 2026-08-08
- Possession
- Immediate
- Listed By
- EXSELLENCE TEAM REALTY INC.
Features
Interior
- Separate Hydro Meter
- Storage Area Lockers
- Water Meter
- Water Heater Owned
Property
- Park
- Public Transit
- School Bus Route
Pool
- None
- Included
- 2 Hot water tanks, coin operated washer and dryer
- Excluded
- Tenants personal belongings
Mortgage calculator
Estimated mortgage payment
$2,590 per month
- Principal and interest
- $2,590
- Property tax
- $376
- Condo fees
- $0
- Estimated monthly cost
- $2,966
Your mortgage
- Mortgage amount
- $468,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $309,076
Cash to close
- Down payment
- $117,000
- Land transfer tax
- $8,175
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $125,175
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
This photo could not be loaded.