225 Louisa Street Cornwall, Ontario K6H 4P9
$764,900
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 $81,346.56 in gross annual rental income, with annual operating expenses of $21,305, resulting in an estimated Net Operating Income of $60,041.56 and an estimated 7.8% cap rate. 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. (id:61445)
Property Details
| MLS® Number | X13192728 |
| Property Type | Multi-family |
| Community Name | 717 - Cornwall |
| ParkingSpaceTotal | 4 |
Building
| BathroomTotal | 6 |
| BedroomsAboveGround | 11 |
| BedroomsTotal | 11 |
| BasementDevelopment | Partially Finished |
| BasementType | Full (partially Finished) |
| CoolingType | None |
| ExteriorFinish | Wood |
| FoundationType | Concrete |
| HeatingFuel | Electric, Natural Gas |
| HeatingType | Baseboard Heaters, Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 3500 - 5000 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 90 Ft |
| SizeFrontage | 50 Ft |
| SizeIrregular | 50 X 90 Ft |
| SizeTotalText | 50 X 90 Ft |
https://www.realtor.ca/real-estate/29812138/225-louisa-street-cornwall-717-cornwall
Interested?
Contact us for more information
Taylor Gingras
Salesperson
902 Second St W Unit:g100
Cornwall, Ontario K6J 1H7
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May 27 2026 04:36:35
Keller Williams Integrity Realty