225 LOUISA STREET
Cornwall, Ontario
MLS® X13192728
$764,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13192728
- Bedrooms
- 11
- Bathrooms
- 6
- Year built
- —
1 / 13Listing description
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 summary
- MLS® number
- X13192728
- Property type
- Multi-family
- Building type
- Other
- Land size
- 50 x 90 FT
- Annual property taxes
- $4,623.00
- Parking
- 4 spaces · No Garage
- Days on market
- 97 days
Features & details
- Heating
- Baseboard heaters, Forced air, Electric, Natural gas
- Cooling
- None
- Basement
- Partially finished, Full
- Exterior features
- Wood
What would this home cost you?
Based on the $764,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX AFFILIATES MARQUIS LTD., CORNWALL.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.