ON
Cornwall
K6H4P9
225 Louisa Street
225 Louisa Street, Cornwall, ON K6H4P9
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Listing Type
Multi Family
Listing Status
Active
13
$764,900

Home Details for 225 Louisa Street

Price
$764,900
Type
Residential Income
Bedrooms
11
Total Bathrooms
6
Listing #
X13192728
Property 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 $81,346.56 in gross annual rental income, with annual operating expenses of $21,305, resulting in an estimated Net Operating Income of $60,041.56 and an estimated 7.8% cap rate. 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. (id:31684)

Property Features
  • Heating Information
    • Baseboard
    • Forced Air
    • Electric
    • Natural Gas
  • Cooling Information
    • None
Listing Courtesy: RE/MAX AFFILIATES MARQUIS LTD.
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EXIT REALTY APEX, BROKERAGE
135 Matheson Blvd W Unit 202D, Mississauga, ON L5R 3L1
Rupam Sharma
License #: 6001368
Sales Representative
Office
905 283 6741
Agent
289 885 5017
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