$299,999
For sale: Multiplex

Welcome to 412 McConnell Ave, a cash flow positive investment, situated on a generous 130 ft deep lot. Offering two existing tenanted units with a combined annual rental income of $28,560, this property provides an established income stream for its next owner, with one of the units subsidized by Cornwall Housing. Conveniently located close to Cornwall Community Hospital, schools, parks, grocery stores & everyday shopping, with Cornwall Transit service nearby for easy access throughout the city.
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.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.
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
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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