95 LEFEBVRE AVENUE
Cornwall, Ontario
MLS® X13801918
$325,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13801918
- Bedrooms
- 6
- Bathrooms
- 2
- Year built
- —
1 / 8Listing description
Excellent Investment Opportunity - 9%+ Cap Rate! Great opportunity for an investor to add a cash-flowing property to their portfolio. This duplex has undergone significant renovations and improvements, with the current property offering a cap rate of over 9%.
The basement unit was fully renovated in 2024 under permit, bringing the unit up to Ontario Building Code requirements. Improvements include a complete replacement of the sewer lateral, both inside and outside the property, a new water line inside and outside, as well as new basement windows and doors. The upper unit was renovated in 2024, including new electric baseboard heating, lighting, flooring, and a new bathroom.
Additional exterior improvements include a new metal roof installed in 2024 and new eavestroughs installed in 2025. With substantial recent improvements, strong rental income, and a current cap rate of over 9%, this property presents an opportunity for an investor looking for a partially renovated, income-producing property with potential to continue growing their portfolio. As per form 244 all offers to contain a 48-hour irrevocability.
All showings require minimum 48 hours notice.
Property summary
- MLS® number
- X13801918
- Property type
- Multi-family
- Building type
- Duplex
- Land size
- 26.5 x 108.9 FT
- Annual property taxes
- $1,708.83
- Parking
- 3 spaces · No Garage
- Days on market
- 1 day
Features & details
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Basement
- Apartment in basement, N/A
- Exterior features
- Aluminum siding
- Lot features
- Carpet Free
- Architectural style
- Raised bungalow
What would this home cost you?
Based on the $325,000 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.