607 - 607A CUMBERLAND STREET, Cornwall

$444,900

For sale: Multiplex

Multiplex at 607 - 607A CUMBERLAND STREET, Cornwall
Property type
Duplex
Bedrooms / bathrooms
4 bedrooms, 2 bathrooms
Living area
1,500 sqft
MLS®
MLS® X14111354
Neighbourhood
717 - Cornwall

RENOVATED DOWNTOWN DUPLEX. Both units are vacant - an ideal opportunity for an owner-occupant who can choose their own tenant and use the rental income to help offset carrying costs, or for an investor seeking an income property. With the extensive renovations, the units should attract excellent tenants. The new owner can select tenants and set market rent. Both units feature new modern kitchens, new 4pc bathrooms, easy-to-maintain vinyl plank flooring , and separate forced-air gas furnaces with individual gas and electric meters for both utilities. The new exterior siding that was insulated before being installed for energy efficiency, and all windows and doors have been replaced during the renovation. With all renovations completed, the property is easy to maintain and find great tenants. Easy to show as both units are vacant. Seller has never occupied this property and requires SPIS signed & submitted with all offer(s) and 2 full business days irrevocable to review any/all offer(s).

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 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.

Median days to sell
42
Median sale price
$398,650
Sale-to-list ratio
96.0%
Sold above asking
11%

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 607 - 607A CUMBERLAND STREET