705 WALTON STREET
Cornwall, Ontario
MLS® X14124732
$698,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X14124732
- Bedrooms
- 9
- Bathrooms
- 4
- Year built
- —
1 / 12Listing description
An exceptional investment opportunity featuring four rental units with a desirable mix of layouts: Unit 705A offers 2 bedrooms and 1 bathroom, Unit 705B features 4 bedrooms and 1 bathroom, Unit 705C offers 2 bedrooms and 1 bathroom, and Unit 705D includes 1 bedroom and 1 bathroom. Generating $75,359. 28 in gross annual rental income, this property offers multiple income streams and an attractive cap rate of approximately 9.
30%. Additional highlights include a large yard, double detached garage, and ample parking. With strong rental income and desirable property features, this is an excellent opportunity to expand your investment portfolio.
Property summary
- MLS® number
- X14124732
- Property type
- Multi-family
- Building type
- Fourplex
- Land size
- 59 x 100 FT
- Annual property taxes
- $4,433.00
- Parking
- 6 spaces · Detached Garage, Garage
- Days on market
- 3 days
Features & details
- Heating
- Baseboard heaters, Radiant heat, Electric, Natural gas
- Cooling
- None
- Basement
- Partially finished, Full
- Appliances
- Water Heater - Tankless
- Exterior features
- Vinyl siding
What would this home cost you?
Based on the $698,000 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.