




This 23-bedroom, 17-bathroom multi-family in Cornwall offers 100,000 sqft of living space. 2 storeys. The property has lot dimensions of 143 x 352 FT. The home features baseboard heaters, electric heating. Highlights include a 20-car garage.
Exceptional Investment Opportunity in the Heart of Cornwall! This brand-new, purpose-built 12-unit apartments offers an exceptional chance to secure a modern, fully stabilized income property in a high-demand area. Designed for Long-term durability and investor peace of mind, the building features 11 spacious 2-bedroom units and 1 well-appointed 1-bedroom unit, all professionally finished with great layouts, quality materials, and efficient mechanical systems.The property is fully rented, providing immediate and reliable cash flow with strong tenant appeal thanks to its well thought construction, bright interiors, and functional floor plans.Investors will appreciate the low operating costs associated with new construction, minimal maintenance requirements, and the strong rental upside in a rapidly growing market.Ideally located in central Cornwall, the building is just moments away from major amenities including grocery stores, schools, the hospital, parks, shopping, and transit, ensuring long-term rental stability and consistent demand. The area continues to see growth and revitalization, making this an excellent long-term hold. A turnkey, fully Leased asset like this-combining modern construction, strong income, prime location, and future development options-is incredibly hard to find. A perfect choice for both seasoned and now investors seeking stability, growth, and long-term returns.The rear portion of the land is subject to severance and not included in the primary offering, but can be negotiated separately for buyers seeking future development potential. With R40 zoning, the site allows for the possibility of constructing an additional building (buyer to verify with the City of Cornwall), providing a rare opportunity to expand and maximize the value of the property. (id:60351)
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12 Stove, 12 Fridge
Listed by MUHAMMAD MUSA, SUTTON GROUP-ADMIRAL REALTY INC.
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Listing represented by MUHAMMAD MUSA, SUTTON GROUP-ADMIRAL REALTY INC. · MLS# X12579648
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.