$334,600
For sale: Multiplex

Attention Investors and Value-Add Buyers! Outstanding multi-family income opportunity in the heart of central Cornwall. This side-by-side duplex offers two distinct homes under one roof: a spacious 3-bedroom, 1.5-bath unit on one side, and a well-proportioned 2-bedroom, 1.5-bath unit on the other. Situated within easy walking distance to downtown dining, retail, schools, public transit, and the scenic St. Lawrence waterfront parks. The property requires cosmetic updates and TLC, offering immediate forced-appreciation potential while benefiting from cooperative tenants willing to stay on. Whether you are looking to build long-term equity, hold a cash-flowing asset with immediate day-one rental continuity, or execute a targeted value-add strategy, 301-303 Fourth Ave W delivers the foundation and scale. Property being sold strictly as-is. Book your private tour today!
Sold data
Multiplex homes in Cornwall took a median of 42 days to sell over the last 365 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 80, across 72 recorded sales.
The median sale price was $398,650.
Homes sold for about 4.0% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 31% of sellers reduced their price before finding a buyer.
Based on 72 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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