225 LOUISA STREET, Cornwall
$764,900
For sale: Multiplex
- Property type
- Multiplex
- Bedrooms / bathrooms
- 11 bedrooms, 6 bathrooms
- Living area
- 5,000 sqft
- MLS®
- MLS® X13192728
- Neighbourhood
- 717 - Cornwall
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 $75,519.12 in gross annual rental income, with annual operating expenses of $21,282, resulting in an estimated Net Operating Income (NOI) of $54,237.12. 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.
Sold data
Multiplex homes in Cornwall — recent sold market
Multiplex homes in Cornwall took a median of 45 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 77 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $399,900.
Homes sold for about 4.1% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 29% of sellers reduced their price before finding a buyer.
- Median days to sell
- 45
- Median sale price
- $399,900
- Sale-to-list ratio
- 95.9%
- Sold above asking
- 10%
Based on 77 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
Schools in Cornwall
Cornwall has 18 Fraser Institute–rated schools (11 elementary and 7 secondary), averaging 4.4/10.
- Rated schools
- 18
- Elementary
- 11
- Secondary
- 7
- Average rating
- 4.4 / 10
Top-rated schools in Cornwall
- St Anne's — elementaryFraser rating 6.9/10
- Rose des Vents — elementaryFraser rating 6.7/10
- St. Joseph's — secondaryFraser rating 6.1/10
- Marie-Tanguay — elementaryFraser rating 5.6/10
- Notre-Dame — elementaryFraser rating 5.3/10
- St Peter's — elementaryFraser rating 5.3/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
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$749,900
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