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For sale
Duplex

415 Mcconnell Avenue

$374,900
Cornwall, Ontario, K6H 4L8
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Overview

  • Updated On:
  • March 30 2025
  • MLS® Number
  • X12026759
  • 6 Bedrooms
  • 3 Bathrooms

Description

Investor Alert! This turnkey duplex in Cornwall delivers exceptional cash flow, generating over $30,000 in net income annually, with a cap rate exceeding 8%. Fully leased with reliable tenants, this property is an excellent addition to any investment portfolio. Each 3-bedroom unit is approximately 700 sq. ft. and has been renovated to enhance tenant appeal. The lower unit was updated in 2024 with new flooring, kitchen, lighting, paint, doors, and some new windows, while the upper unit, renovated in 2020, features a new kitchen, fresh paint, and updated baseboard heaters. The landlord-owned appliances add further value, and with tenants covering their own utilities (except water/sewer), operating costs remain low. Located in a high-demand rental market, this income-generating property offers strong returns from day one. Don't miss out! Contact us today for financials or to schedule a viewing! (id:57887)

Details

Price:
Price Info:
Property Type: Multi-family
Building Type: Duplex
Storeys: 2

Features

Appliances
Dryer
Stove
Washer
Refrigerator
Cooling & Heating
Natural gas
Forced air
ExteriorFinish
Vinyl siding

Calculator

$ 1,922.19
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,453.56

Building Details

Bedroom
BedroomsAboveGround: 6
BedroomsTotal: 6
Bathroom
BathroomTotal: 3
HalfBathTotal: 1
Basement
BasementFeatures: Separate entrance
BasementType: N/A
Size
SizeInterior: 1099.9909 - 1499.9875 sqft
Construction
FoundationType: Poured Concrete
Utility
UtilityWater: Municipal water

Land Details

Acreage: No
Sewer: Sanitary Sewer
SizeDepth: 127 Ft ,1 In
SizeFrontage: 26 Ft ,4 In
SizeIrregular: 26.4 X 127.1 Ft
SizeTotalText: 26.4 X 127.1 Ft

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March 30 2025 04:22:50

Ottawa Real Estate Board

Century 21 Synergy Realty Inc

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  • The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.
  • The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

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