$359,900
For sale: Multiplex

Welcome to 225-225A 8th St W. This Duplex offering immediate rental income in a desirable central Cornwall neighbourhood. The property is fully tenanted .This well-laid-out up/down duplex features two self-contained units. The upper unit includes 3 Bedroom, kitchen, a comfortable living area, and a 4-piece bathroom. The lower unit offers 3 Bedrooms, kitchen, living room, and 4-piece bath plus access to the half basement.Tenants pay own utilities. Long term tenants(main floor ,over 15 years)Main floor Tenants and upstairs. Good neighbourhood, walking distance to Center Town, St.Lawrence park, St Lawrence River, just a few blocks from public transit, grocery stores, banking, restaurants, and a pharmacy, this property delivers everyday convenience. This Duplex presents an excellent opportunity to grow your real estate. Both units have their own washer dryer hookups as well as separated utilities.Main floor has access to the garage ,first floor has access to the shed..Each unit is separately equipped with its own heating source, providing efficiency and ease of management.
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 20 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.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 4.2% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 27% 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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