$700,000
For sale: Multiplex

Turnkey fourplex offering excellent income potential in a convenient Cornwall location. This income-generating property features four spacious units, each offering 3 bedrooms and 1 full bathroom. An ideal layout for attracting long-term tenants and maximizing rental income. Each unit provides generous living space, functional layouts, and separate kitchens, making it a highly desirable option in today's rental market. This property is perfectly suited for investors looking to expand their portfolio with a solid, high-demand asset. Situated close to amenities, schools, and transit, this centrally located fourplex offers strong rental appeal and consistent occupancy potential. Immediate possession available-start generating income right away.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.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.
Currently for sale

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