$329,900
For sale: Multiplex

Two - 2 bedroom duplex with excellent long term tenants. Upstairs tenants have been there 9 years. Main floor tenants have been there 3 years. Good shingles and good furnace which is being maintained and serviced every year. Each unit has their own hot water tank and their own 125 amp breaker panel.Tenants take care of snow. Each unit also has their own garden shed section in rear yard and a storage unit underneath the rear staircase. Main floor unit has been renovated throughout. Excellent cap rate investment.
Sold data
Multiplex homes in Cornwall took a median of 44 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 76, across 78 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.
The median sale price was $399,900.
Homes sold for about 4.0% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 29% of sellers reduced their price before finding a buyer.
Based on 78 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Cornwall has 18 Fraser Institute–rated schools (11 elementary and 7 secondary), averaging 4.4/10.
School ratings from the Fraser Institute's Ontario school report cards.
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