310 LOUISA STREET, Cornwall

$268,000

For sale: Multiplex

Multiplex at 310 LOUISA STREET, Cornwall
Property type
Duplex
Bedrooms / bathrooms
6 bedrooms, 2 bathrooms
Living area
2,000 sqft
MLS®
MLS® X14144970
Neighbourhood
717 - Cornwall

RENOVATED DUPLEX WITH A POTENTIAL 13.4% CAP RATE! An excellent opportunity for investors or buyers looking to offset their living expenses! This duplex features a beautifully renovated 3-bedroom main-floor unit, currently vacant and move-in ready, with an estimated market rent of $1,900/month. The upper unit is currently rented at $1,800/month, providing immediate rental income. Two parking spaces add convenience. With potential annual gross rental income of $44,400 and a projected 13.4% cap rate based on full occupancy at estimated market rents, this property offers excellent investment potential! Live in one unit while generating income from the other, or add this income-producing property to your portfolio!

Sold data

Multiplex homes in Cornwall — recent sold market

Multiplex homes in Cornwall took a median of 42 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 80, across 72 recorded sales.

The median sale price was $391,200.

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 31% of sellers reduced their price before finding a buyer.

Median days to sell
42
Median sale price
$391,200
Sale-to-list ratio
96.0%
Sold above asking
13%

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

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

Homes for sale near 310 LOUISA STREET