705 WALTON STREET, Cornwall
$698,000
For sale: Multiplex
- Property type
- Fourplex
- Bedrooms / bathrooms
- 9 bedrooms, 4 bathrooms
- Living area
- 3,000 sqft
- MLS®
- MLS® X14124732
- Neighbourhood
- 717 - Cornwall
An exceptional investment opportunity featuring four rental units with a desirable mix of layouts: Unit 705A offers 2 bedrooms and 1 bathroom, Unit 705B features 4 bedrooms and 1 bathroom, Unit 705C offers 2 bedrooms and 1 bathroom, and Unit 705D includes 1 bedroom and 1 bathroom. Generating $75,359.28 in gross annual rental income, this property offers multiple income streams and an attractive cap rate of approximately 9.30%. Additional highlights include a large yard, double detached garage, and ample parking. With strong rental income and desirable property features, this is an excellent opportunity to expand your investment 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 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 705 WALTON STREET
$895,000
Multiplex962,500–3,000 sqft909/911 SECOND STREET E, 717 - Cornwall, Cornwall
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Multiplex1163,500–5,000 sqft225 LOUISA STREET, 717 - Cornwall, Cornwall
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Multiplex1070–699 sqft6607-6613 FOURTH LINE ROAD, 8009 - North Gower, Ottawa
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Multiplex953,000–3,500 sqft231 LOUISA STREET, 717 - Cornwall, Cornwall
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Multiplex72700–1,100 sqft24 NEWHAVEN STREET, 7606 - Manordale, Ottawa
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Multiplex963,500–5,000 sqft8-10-12 GEORGE STREET, 810 - Brockville, Brockville
$869,900
Detached8+442,000–2,500 sqft6384 OTTAWA ST W STREET, 8204 - Richmond, Ottawa
$799,000
Detached4+121,500–2,000 sqft2725 MCINTOSH ROAD, 809 - Augusta Twp, Augusta