$549,000
For sale: Multiplex

ATTENTION INVESTORS!!! Discover this all brick duplex at 460-462 Twelfth Street West, conveniently located near schools, shopping, grocery stores and everyday amenities. Offering two spacious three bedroom apartments, each approximately 1,200 sq. ft. This property features generously sized bedrooms, large eat in kitchens with ample cabinetry, open concept living areas and laundry in each unit. The upper apartment boasts private front and rear balconies, along with both interior and exterior staircases. The main floor apartment offers front and rear entrances, plus a driveway side entrance providing access to the main floor unit and basement. A double wide driveway provides parking for approximately 4-6 vehicles. Updates include electrical service and panels in 2018, shingles in 2016 and the main floor bathroom in 2021. With spacious layouts and a convenient location, this property offers an appealing opportunity to expand your Cornwall investment portfolio!
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 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.
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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