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5 Beds
5 Baths

C$530,000

401-403 WATER STREET E, Cornwall Ontario, K6H1A6

Property typeMulti-family
Courtesy of JOEL DINELLE with ROYAL LEPAGE PERFORMANCE REALTY

Overview

Active

Listed Sep 14, 2026

Updated 2 days ago

Are you looking for a wonderful property for your investment portfolio? Look no further. This 5-plex is centrally located near the St. Lawrence and all its amenities, including the mall, bus routes, and local shops. While originally built in 1986, the property has been well-maintained with a brick exterior makeover, new roof shingles in 2020, and new sidewalks on the corner and west side. The building features two larger units on the ground floor with spacious living rooms and kitchens, plus three units on the upper level, one of which has been recently renovated. Each unit has a separate hydro meter. New tenants can be signed as rent + hydro (one upper unit is already paying their own hydro). Hot water is provided by a cost-saving, gas, on-demand system. Each unit includes its own laundry hookups, with the exception of one upper unit. There 4 parking spots at the back of the building. Schedule your showing to check out this cared-for 5 plex. "Other" expense is natural Gas $785.64/year for on demand HW. 48 hour notice required for showings. This property is also listed under commercial MLS#: X13765952 (id:41202)

Additional information

MLS® ID
X13781138

Interior Features

Bedrooms
5
Bathrooms
5
Heating
Yes
Basement
No

Other Property Details

Taxes
$5,262
Tax Frequency
Annually

Courtesy of JOEL DINELLE with ROYAL LEPAGE PERFORMANCE REALTY

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