6 Beds 3 Bath

415 McConnell Avenue, Cornwall, ON K6H 4L8

Cornwall K6H 4L8 Ontario

MLS: X12026759

$374,900

Added 28 days ago | For Sale

Listed by: CENTURY 21 SYNERGY REALTY INC

About Property

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!

Features

  • House Style:Duplex
  • Bathrooms:3
  • Land Size: 26.37 X 127.13
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Mcconnell and Second
  • Basement:Separate Entrance , Separate Entrance
  • Possession Date:Flexible
  • Annual Property taxes: $1953
  • Bedrooms:6
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:X12026759

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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